SEOUL (Reuters) - St. Louis Federal Reserve President James Bullard said on Monday global markets appear to be "well-prepared" for a summer interest rate hike from the Fed, although he did not specify a date for the policy move.
TOKYO (Reuters) - Japanese retail sales fell in April for the second consecutive month, bolstering the argument that a nationwide sales tax increase scheduled for April next year should be delayed.
SEOUL, May 30 (Reuters) - South Korea's department storesales in April rose at their fastest pace in three months, finalgovernment data showed on Monday, as warmer weather and moreholidays in the month pried open consumers' wallets.
SINGAPORE (Reuters) - Embattled commodity trader Noble Groupannounced the surprise resignation of CEO Yusuf Alireza on Monday and said it planned to sell a U.S. unit to bolster its balance sheet as it seeks to regain investor confidence.
* Two senior executives appointed as co-CEOs (Adds more details, external comment)
Jotun says the Competition Authority has not found reason to proceed with its investigation of the company for possible breaches of competition law.
The analyst also questions campaign claims of no new U.S. refineries being added in decades.
* U.S. crude inventories fall just as production alsodeclines
Morten Olsen Vind, VP at TransNav Shipping, says vessel owners need to carefully vet bunker suppliers prior to conducting business with them.
TOKYO (Reuters) - Asian shares edged down on Monday and the dollar marked fresh highs after Federal Reserve chief Janet Yellen suggested that an interest rate hike could be around the corner.