PREVIEW-Japan April core CPI seen subdued even after 2-year BOJ stimulus *CPI data due 2330 GMT, output due 2350 May 28. TOKYO, May 22- Japan's consumer inflation remained subdued in April on lower energy costs, adding pressure on the Bank of Japan after already two years of massive stimulus aimed at banishing deflation. "The actual condition of the economy lacks momentum," said Takumi Tsunoda, senior economist at Shinkin Central Bank...
| By: Kaori Kaneko
Middle East must tackle skills shortage 'urgently' The Middle East and North Africa region (MENA) is experiencing a substantial deficit of untapped human capital that needs to be tackled now.
| By: Scott Gegenheimer, chief executive of Zain Group
BOJ keeps massive monetary stimulus intact The Bank of Japan on Friday kept its massive monetary stimulus program intact, as widely expected, and revised up its assessment of the economy, but analysts remain unconvinced the central bank is done with its easing campaign.. Policymakers no longer see a sluggish recovery in some areas of private consumption, but now judge consumer spending as' resilient'...
| By: CNBC.com staff
5 plays on big-name retail stocks "Fast Money" traders discussed how to play retailer Gap's mixed earnings report and CVS' acquisition of Omnicare.
| By: Jacob Pramuk
Acxiom selling IT operations to 2 private-equity firms LITTLE ROCK, Ark.- Little Rock- based Acxiom Corp. said it is selling its information-technology infrastructure management operations to two private-equity firms in a potential $190 million deal. Acxiom will retain a 5 percent interest in the value of the company after the sale to Charlesbank Capital Partners and M/C Partners is finished, the Arkansas...
Source: The Associated Press