European stock markets were mixed during sluggish year-end trading Wednesday after Wall Street snapped a six-day advance overnight and Asian markets fluctuated.
In Europe, the FTSE-100 index of leading British shares held its last full session of the year, inching up 0.5 percent to 5,429.22. In France, the CAC 40 retreated from its 2009 high reached [...]
Archive for the ‘Japan Finance’ Category
World markets mixed after Wall Street slips
December 30th, 2009 by Financial Writer
Tags: home prices, japan airlines, stock markets, wall street
more...Japan business mood up more than forecast
December 14th, 2009 by Financial Writer
Japanese business confidence edged up more than expected in the three months to December but remained negative for the sixth quarter in a row, a Bank of Japan survey showed, as the economy slowly recovers from its worst postwar recession.
The headline index for big manufacturers’ sentiment was minus 24 in December, improving from minus 33 [...]
Tags: bank of japan, global financial crisis, japan's economy, japanese business, recession
A financial crisis, 10 countries, 10 solutions
July 14th, 2009 by Financial Writer
United States
GDP -1.6%
Inflation 0.2%
Unemployment 8.1%
Markets -10.7%
Gallon of gas $1.99
Interest Rates 0% to 0.25%
Challenges Home prices have plummeted since the summer of 2007, devaluing many of banks’ holdings that were backed by mortgages. To prevent further losses, banks largely stopped lending. The economic downturn that ensued led the economy to shed 4.4 [...]
Tags: brazil, China, financial crisis, germany, iceland, india, japan, mexico, rusia, UK, us
Japan Central Bank Keeps Interest Rate Unchanged
June 12th, 2009 by Financial Writer
Japan’s central bank kept its benchmark interest rate steady Tuesday but introduced new steps to spur lending and ease the strains of an increasingly painful recession.
The Bank of Japan’s eight-member policy board voted unanimously to leave the key overnight call rate target unchanged at 0.1 percent, as widely expected.
With interest rates close to zero, the [...]
Tags: central bank, interest rate, japan, recession