Japanese stocks rose for a second day after metal prices gained, U.S. wholesale inventories climbed and the stronger euro boosted the earnings prospects for electronics makers.
Toyota Motor Corp., which gets 31 percent of its revenue in North America, rose 0.8 percent. Canon Inc., a camera maker that counts Europe as its biggest market, climbed 1.1 [...]
Posts Tagged ‘japan’
Japanese Stocks Rise on U.S. Economy, Euro; Toyota, Canon Climb
April 12th, 2010 by Financial Writer
Tags: economy, investors, japan, stock rise, us economic
more...China Yuan At 6-Month High Late On Appreciation Hopes
April 8th, 2010 by Financial Writer
SHANGHAI (Dow Jones)–China’s yuan strengthened to a near six-month high against the U.S. dollar late Thursday, as a surprise meeting between U.S. Treasury Secretary Timothy Geithner and Chinese Vice Premier Wang Qishan in Beijing later in the day intensified speculation over near-term yuan appreciation.
Traders said the U.S. Treasury’s decision over the weekend to delay its [...]
Tags: China, dow jones, Global Economy, japan, us economic, wall street
A Rich Crop of Chinese IPOs Set for 2010
April 3rd, 2010 by Financial Writer
Agricultural Bank of China is IPO laggard.
EACH YEAR GLOBAL INVESTORS eye china’s initial- public-offering pipeline and jump to the same two erroneous conclusions. First, that the day of the blockbuster mainland listing is over. Second, that the ripest stock offerings have all been plucked, from banking and oil and gas to insurance and airlines.
Entering the [...]
Tags: asian markets, global investors, investors, japan, thailand
Japan can avoid double-dip recession: minister
December 27th, 2009 by Financial Writer
Japanese National Strategy Minister Naoto Kan said on Sunday the country’s economy can avoid a double-dip recession thanks to economic recovery abroad, fiscal stimulus by the government and better market conditions.
Japan’s economy is in deflation and the three-month old Democratic Party-led government fears a return to a recession next year, especially ahead of an upper [...]
Tags: economic recovery, economy, fiscal spending, japan, naoto kan, recession
Japan has become the latest country to pull out of recession.
August 17th, 2009 by Financial Writer
It follows news last week that the economies of France and Germany have also narrowly moved back into growth.
Japan’s economy grew 0.9% in the three months to June, ending its longest recession since the Second World War. It was largely due to a rebound in exports and the attempts being mounted by governments around the [...]
Tags: economies, Global Recession, japan, 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
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