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Japanese consumer sentiment improves in July for 7th straight month

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JAPANESE TREND / Japanese Society (57) / Japanese Society (59)

Taking up herewith Japanese Economy Trend News by Media.
Economic situation in Japan will be read via these News,
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Aug 14 Are we following in Japan's commercial footsteps? (Motley Fool)
 Most of the recent economic indicators have illustrated that we may be at the bottom of the residential housing market. However, it's quite typical for commercial property to lag in recovery to its residential counterpart. As more and more bad news floats to the surface about commercial property, one has to wonder what the U.S. has in store for itself, and whether or not we've learned enough to dodge the mistakes and malaise that doomed the Japanese only a decade ago?
Aug 13 42 percent companies feel economy has bottomed out: survey (Mainichi)
 More companies than not feel that the economic crisis has now bottomed out, according to a survey on large corporations by the Mainichi Shimbun at the end of last month. Of the 120 companies polled, 42.5 percent said the crisis has passed its lowest point, compared to 23.3 percent who said it had yet to reach it.
Aug 13 Dollar's replacement is just 6,700 miles away: William Pesek (Bloomberg)
 Forget all this chatter about finding a new reserve currency. We already have one, and it's called the yen. OK, stop laughing. Before dismissing the idea, consider how the yen is strengthening because investors figure it's a safe bet. It's popping up more and more in market stories about how the yen is enjoying a haven status -- even if it's at odds with events in Japan's economy.
Aug 13 Britain's crisis may differ from Japan's, but it could still suffer a lost decade (telegraph.co.uk)
 It is frequently claimed that Britain's banking blunders could lead the country into a macro-economic decline of the sort experienced in Japan. Japan's stock market crashed in December 1989. It was not until 2005, a good 15 years later, that Japan's banks returned to a firmer footing and the macro-economy showed any real signs of recovery.
Aug 12 Japanese wholesale prices post record fall (AFP)
 Japan's wholesale prices fell at the fastest pace on record last month, data showed Wednesday, fanning concern that deflation could overshadow a recovery in the world's second largest economy. The prices of goods traded between companies dropped by 8.5 percent in July from a year earlier, the central bank said.
Aug 12 Japan's 'hidden jobless' reveal excess labor woes (Bloomberg)
 Japan's unprecedented contraction in gross domestic product suggests that more people would be out of work if not for a government-subsidy program, according to Takahide Kiuchi of Nomura Securities Co. The jobless rate would have been 12.2 percent in June if the so-called hidden jobless -- people who remain employed even though they are "surplus labor" -- were considered unemployed.
Aug 11 Japanese prices in record decline (BBC)
 Japanese consumer prices fell by a record 1.7% in the year to June, driven down by falling fuel costs, official figures have shown. Falling prices are one reason why Japan's central bank kept its key interest rate unchanged and underlined its cautious outlook for the economy.
Aug 11 Japanese consumer sentiment improves in July for 7th straight month (AP)
 Japanese consumer sentiment improved in July for the seventh straight month, the government said Tuesday. Following the outcome, the Cabinet Office upgraded its assessment for the first time in three months.
Aug 11 BOJ holds key rate at 0.1%, repeats recovery outlook still uncertain (AP)
 The Bank of Japan decided Tuesday to hold its key interest rate steady at 0.1 percent in a widely expected move, while saying the pace of price decline has accelerated recently and the central bank's outlook on an economic recovery remains highly uncertain. At a two-day policy meeting, the central bank maintained its view that Japan's economy has "stopped worsening" due to pickups in exports and output and that it is likely to start recovering in the latter half of fiscal 2009.
Aug 11 Gov't maintains view on economy as exports, production recover (AP)
 The government maintained its key assessment of the Japanese economy Tuesday, saying it is showing signs of recovery on upturns in exports, production and consumption. But the monthly report by the Cabinet Office also urged caution over rising unemployment rates, warning that the level of economic activity in the country is still low amid the global recession.
Aug 11 What happened to the Box in Japan? (BBC)
 The BBC Box project, launched in September to tell the story of international trade and globalisation by tracking a standard shipping container around the world, has faced delays on the latest leg of its journey in Japan.
Aug 11 The financial crisis and the tectonic shifts in the US-Japan relationship (Japan Focus)
 In Tokyo, the American nuclear umbrella meant that no government had to think about the need to bridle a bureaucracy with the means of physical coercion at its disposal. The machinations of Yamagata Aritomo at the end of the Meiji era to insulate Tokyo's permanent bureaucracy from political interference had set the stage for a system of colossal irresponsibility.
Aug 10 Japan gov't debt rises to record 860 tril. yen (AP)
 The outstanding balance of Japan's central government debt stood at 860.26 trillion yen as of the end of June, up 13.76 trillion yen from three months earlier, the Finance Ministry said Monday. Per capita debt comes to about 6.74 million yen, if the balance is divided by Japan's total population.
Aug 10 Japan's money supply up 2.7% in July (AP)
 Japan's key money supply gauge rose 2.7 percent in July from a year earlier, the Bank of Japan said Monday. The average daily balance of M2 came to 758.0 trillion yen. The headline reading compares with the average market forecast of a 2.5 percent increase.
Aug 10 Japan's current account surplus up 144.4% in June (AP)
 Japan's current account surplus rose 144.4 percent in June from a year earlier to 1.15 trillion yen, the Finance Ministry said Monday. The balance of trade in goods and services posted a surplus of 485.9 billion yen, the ministry said in a preliminary report.
Aug 08 Job losses cast spotlight on stingy safety net (Reuters)
 The longest U.S. recession since World War Two is exposing gaping holes in the social safety net, putting hundreds of thousands of people at risk of falling through. Some 6.7 million jobs have been lost since the downturn began in December 2007, and the unemployed are at the mercy of a confusing and complicated patchwork of aid programs.
Aug 07 Japan foreign reserves $1.02 trln at end-July (Reuters)
 Japan's foreign reserves stood at $1.02 trillion at the end of July, the Ministry of Finance (MOF) said on Friday. A lawmaker in the opposition Democratic Party, which has its best chance of taking power in an Aug. 30 election, said last month Japan should study ways to boost returns on its reserves.
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By J.S. on Aug 18, 2009
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上記広告は1ヶ月以上更新のないブログに表示されています。新しい記事を書くことで広告を消せます。