Tuesday 8 April 2014

Japan posts first current account surplus in five months

TRADE WARS
Japan posts first current account surplus in five months
Tokyo (AFP) April 08, 2014 - Japan posted its first current account surplus in five months in February, helped by a narrower trade deficit and higher returns on investment abroad, government data showed Tuesday. Japan logged a surplus of 612.7 billion yen ($5.9 billion) in February, down 5.7 percent from the surplus the year before, but a reversal of a deficit of 1.59 trillion yen in January. The monthly trade defic ... more


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