Japan’s Sputtering Economy Yet to Show Clear Signs of Recovery

Inventories revised to show slightly bigger contribution Net exports tweaked a tad to reflect larger drag on growth Japan’s economy showed scant sign of a clear recovery with its narrower-than-first-estimated contraction leaving plenty of reason for continued caution...

Australian PM’s Support Slumps After Weak GDP Growth Figures

Poll shows Labor neck-and-neck with center-right opposition Australian election due to be held within the next 12 months Support for Australia’s center-left Labor government has slumped after a week of poor economic news and political tensions over immigration,...

US Consumer Borrowing Restrained by Drop in Revolving Credit

US consumer borrowing increased in April by less than forecast as credit-card balances declined for the first time in three years. Total credit rose $6.4 billion after a downwardly revised $1.1 billion decrease in March, according to Federal Reserve data released...