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Japan’s Aso: US must be careful in raising interest rates

Japanese finance minister Taro Aso is back on the wires now, via Reuters, expressing his take on the US interest rate outlook.

Main Points:

US must be careful in raising interest rates

US rate hikes should be gradual

Could put developing nations in a hard place

Hong Kong SAR Retail Sales: 3.1% (March) vs -5.7%

Hong Kong SAR Retail Sales: 3.1% (March) vs -5.7%
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Japan’s output gap continues to improve – BoJ’s Kuroda

BoJ Governor Haruhiko Kuroda said on Friday that the improvement in the Japanese output gap should ultimately put upward pressure on prices, helping a
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