• Monday, April 27, 2015 - 20:48 Japan Mar Retail Sales Slump In Reaction To Pre-Tax Hike Surge 0


    --Japan Mar Retail Sales -9.7% Y/Y; MNI Median -6.8%
    --Japan Mar Retail Sales Post 3rd Straight Y/Y Drop
    --Japan FY14 Retail Sales -1.2%; FY13 +2.9%
    --Japan Mar Retail Car Sales -4.1%% Y/Y; Feb -2.6%
    --Japan Mar Retail Fuel Sales -20.0% Y/Y; Feb -17.9%
    --Japan Mar Retail Machinery Sales -27.9% Y/Y; Feb -9.6%
    --Japan Mar Retail Food, Beverages Sales -2.2% Y/Y; Feb +2.8%
    --Japan Mar Retail Apparel Sales -6.2% Y/Y; Feb +2.0%

    TOKYO (MNI) - Preliminary retail sales data from the...

  • Monday, April 27, 2015 - 19:45 Update: Tsipras: Referendum If Debt Deal Crosses 'Red Lines' 0


    By Angelika Papamiltiadou

    ATHENS (MNI) - Greece's Prime Minister Alexis Tsipras said Monday that significant differences with creditors remain and that if Greece were to be pushed to agree to a deal that is was outside Syriza's pre-election commitments, he would call a referendum in order to have it validated.

    Speaking during his first live interview on Greek television, Tsipras also said the country's international creditors are insisting on labour and pension reforms and value-added tax increases that are unacceptable to the government.

    "I have not decided for a referendum, let's be clear," Tsipras said. "I am answering to a hypothetical question.

  • Monday, April 27, 2015 - 18:24 Tsipras: Ready For Referendum If Debt Deal Crosses 'Red Lines' 0


    By Angelika Papamiltiadou

    ATHENS (MNI) - Greece's Prime Minister Alexis Tsipras said Monday that significant differences with creditors remain and that if Greece were to be pushed to agree to a deal that is was outside Syriza's pre-election commitments, he would call a referendum in order to have it validated.

    Speaking during his first live interview on Greek television, Tsipras also said the country's international creditors are insisting on labour and pension reforms and value-added tax increases that are unacceptable to the government.

    "I have not decided for a referendum, let's be clear," Tsipras said. "I am answering to a hypothetical question.

  • Monday, April 27, 2015 - 14:53 UPDATE: Greece to Pass Fiscal,Tax,Public Sector Reforms 0


    --Adds Comments from Greek Finance Ministry Official

    ATHENS (MNI) - Yiannis Dragasakis, the Greece's vice president and head of the Economy unit, expressed confidence Monday evening that Athens will reach an agreement with its creditors by early May, before the May 11 deadline when Eurozone finance ministers are scheduled to meet.

    Speaking to journalists after a meeting of the Economic Council which convened in its new form, Dragasakis said he is "optimistic that a deal will be reached in early May, and why not by the end of April".

    "This is our target," he said.

    In a press release, the Finance Ministry said that Economy...

  • Monday, April 27, 2015 - 14:16 Greece Set To Pass Bill On Fiscal,Tax ,Public Sector Reforms 0


    --Government Speeds Up Laws To Meet Deadlines, Get Liquidity

    ATHENS (MNI) - Yiannis Dragasakis, the Greek government's Vice President and head of the Economy unit, expressed his confidence Monday evening that Athens will reach an agreement with its creditors by early May, before the May 11 deadline when Eurozone finance ministers are scheduled to meet.

    Speaking to journalists after a meeting of the Economic Council which convened in its new form, Dragasakis said that he was "optimistic that a deal will be reached in early May, and why not by the end of April".

    This is our target," he said.

    In a press release, the finance...

  • Monday, April 27, 2015 - 14:10 Analysts: Dlr Loses Mojo; May Get It Back If US Data Pleases 0


    By Vicki Schmelzer

    NEW YORK (MNI) - The dollar has lost some of its mojo lately, which has allowed the euro, sterling and select other currencies to rise back to high levels last seen earlier in April or March.

    The greenback's decent has been largely driven by profit-taking in the wake of recent disappointing U.S. data, but also by country specific events and or data that have served to underpin non-dollar currencies.

    If upcoming U.S.