Japan's current account in black for third straight month

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Japan's current account in black for third straight month
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TOKYO : Japan posted a current account surplus for the third month in April as the trade deficit narrowed and income gains from overseas investment grew, government data showed, easing worries about declines in the country's balance of payments.The current account stood at 1.9 trillion yen ($13.58 billion

TOKYO : Japan posted a current account surplus for the third month in April as the trade deficit narrowed and income gains from overseas investment grew, government data showed, easing worries about declines in the country's balance of payments.

That reflected the trend in which the country increasingly earns income from capital parked abroad rather than from sales of goods and services.

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