Thursday 23 May 2013
Japan's economy grew at an annual rate of 4.1% for January to March amid a gradual recovery from the catastrophic earthquake and tsunami of the previous year.
The Cabinet Office said the preliminary data for the gross domestic product (GDP) showed a rebound in consumer spending that was lifting the nation's economy.
Public sector borrowing dipped to £6.3bn in April to give the Government breathing space in attempts to slash the deficit.
The UK's manufacturers are still struggling to recover from the economic downturn but remain hopeful about prospects improving soon, figures have shown.
The German IT firm SAP wants to employ people with autism to give itself a competitive advantage over its rivals.
THE International Monetary Fund warned Chancellor George Osborne the UK is "still a long way from a strong and sustainable recovery", sending the pound tumbling against the dollar.
Warning: HSBC chief economist Simon Wells
THE UK's state-backed banks will not have to tap investors for extra cash as they attempt to shore up their balance sheets in case of future financial shocks.
Hi °C | Lo °C 