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Japan’s unemployment rate holds at two-decade low

Bloomberg Japan’s jobless rate remained at the lowest in more than two decades last month, and retail sales rose from March, climbing for a fourth month. Highlights of Data Retail sales rose 1.4 percent from March, and were up 3.2 percent compared to April last year. The unemployment rate for April was 2.8 percent, the same as the forecast. Household ...

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Adani reaches deal for $16.5 billion Australia coal mine

Bloomberg Adani Enterprises Ltd., controlled by Indian billionaire Gautam Adani, said its Australian unit has reached an agreement on royalty payments with the Queensland government, ensuring the $16.5 billion Carmichael coal project moves forward. Shares surged. The agreement with the state government “meets Adani’s expectations and requirements,” the company said in a statement, without providing details of the accord. The ...

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India’s early monsoon a boon for agriculture

Bloomberg The southwest monsoon that waters about half of India’s farmland arrived in the country slightly ahead of its normal schedule, giving a boost to farmers planting rice to soybeans crops in coming weeks. Monsoon rain has reached the southern state of Kerala, K. J. Ramesh, chief of India Meteorological Department, said by phone. The June-September rainy period typically starts ...

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