naoto

Crude oil and retail gasoline end the week lower (AP)

AP - Oil prices fell for the week and so did the cost of gasoline at the pump. Natural gas prices, beaten down for much of the year, gained almost 13 percent since Tuesday as investors pulled money out of oil.

Read more:
Crude oil and retail gasoline end the week lower
(AP)

naoto

Japan’s new PM takes power (AFP)

AFP - Former finance minister Naoto Kan became Japan’s new leader Friday, pledging economic recovery and close ties with Washington after his predecessor quit amid a damaging dispute over a US air base.

Read the original here:
Japan’s new PM takes power
(AFP)

naoto

Excessive rise of yen undesirable: Japan FM (AFP)

AFP - Japanese Finance Minister Naoto Kan said Friday that the “excesive rise of the yen was not desirable”, as the Japanese currency rapidly gained on worries over the European economy.

Read more from the original source:
Excessive rise of yen undesirable: Japan FM
(AFP)

naoto

Cost Plus posts sharply narrower 1st-quarter loss (AP)

AP - Home decorating retailer Cost Plus Inc.

Original post: 
Cost Plus posts sharply narrower 1st-quarter loss
(AP)

naoto

G7 to continue stimulus until global economy on track (AFP)

AFP - Finance ministers from leading industrialized nations vowed to continue epic deficit spending to bolster a fragile global recovery at the end of G7 talks in Canada’s far north.

Read more from the original source: 
G7 to continue stimulus until global economy on track
(AFP)

naoto

BOJ may need to do more vs deflation: report (Reuters)

Reuters - The Bank of Japan may need to do more on the monetary policy front to stop deflation, the Nikkei daily quoted Japan’s Finance Minister Naoto Kan as saying, keeping pressure on the BOJ to help support a fragile economic recovery.

See the rest here: 
BOJ may need to do more vs deflation: report
(Reuters)