Japan logs 1.98 tril. yen current account surplus in May

Japan logged a current account surplus of 1.98 trillion yen ($18 billion) in May, staying in the black for 83 months, the Finance Ministry said Thursday. Among key components, the country had a goods trade surplus of 2.0 billion yen and a services trade deficit of 255.5 billion yen, according to the ministry's preliminary report. Primary income, which reflects returns on overseas investments, posted a surplus of 2.45 trillion yen.