Japan's economy continued to struggle in July to shake off the disruptive effects of a sales-tax increase implemented three months earlier, a cluster of government data released on Friday suggested.
The US economy grew faster than first thought last quarter, the Commerce Department said Thursday, the latest in a series of signals that suggest a period of sustainable growth lies ahead.
SYDNEY (Reuters) - The safe-haven yen held firm on Friday, while the euro was on track to post its second straight month of declines as tensions between Ukraine and Russia flared again.
HONG KONG (AP) - Tokyo stocks led declines in most Asian markets on Friday after Japanese economic data showed that the region's second biggest economy is struggling to recover from a sales tax hike.
Worries over tension abroad had largely receded from Wall Street, with major indexes seeing few negative days over the past two weeks, and the Dow and S&P both hitting record highs.