The economy enjoyed a stronger than expected recovery last quarter, growing at a 3.5 percent annual pace as the government stepped up public works spending and eased credit to encourage investment, the Cabinet Office reported Thursday. The data for January to March showed the economy grew 0.9 percent on a quarterly basis, the fastest pace […]

Clashing Ideas Confront EURO’s Survival Dean Popplewell Contributor EURO Stumbles Over Fallen Aussie Dean Popplewell Contributor Is the U.S. dollar really the best of a bad lot? Even disappointing Producer Price Index (PPI) and manufacturing data released yesterday suggests that the U.S. recovery is somewhat uneven. Regardless, it has not been able to stall the […]

Is it really the best of a bad lot? Even disappointing PPI and manufacturing data yesterday suggests that the US recovery is somewhat uneven. So far this has not been able to stall the ‘mighty’ dollar’s rally. The dollar bull continues to rely on the last few weeks’ upbeat jobs prints to aid the buck […]

TOKYO – Japan’s economy grew by a stronger-than-expected 3.5 per cent in annual terms last quarter, giving Prime Minister Shinzo Abe a boost as his government tackles reforms needed to ensure a sustained recovery from two decades of malaise. Stronger consumer spending and public works investment coupled with aggressive monetary easing lent oomph to the […]