Economy News

GLOBAL MARKETS-World stocks power to 4-month peak 7:38am EDT

LONDON, May 16 (Reuters) - World stocks powered to a fresh four-month peak on Friday, driven by technology and oil shares, while diverging growth outlooks between the United States and elsewhere weighed on the dollar.  Full Article

 
Weak GDI may tell truer story of Japan growth 6:16am EDT 

(For more stories on the Japanese economy, click [ID:nECONJP])  Full Article 

UPDATE 3-Japan GDP grows but companies brace for slowdown 2:49am EDT 

(For more stories on the Japanese economy, click [ID:nECONJP]) (Adds data)  Full Article 

Asian shares mostly up

May 16 - Asian shares rose cautiously Friday, led by markets in Taiwan and Korea that hit year highs.  Play Video