The weak yen, which shoved Japan down to the fourth-largest economy, is also causing ongoing inflation. Data from the Ministry of Internal Affairs and Communications showed that as of December last year, Japan's core consumer price index has exceeded the Bank of Japan's (BOJ's) 2-percent ...
Japan's largest federation of trade union, Rengo, on Friday said that workers at the country's biggest firms are set for the sharpest wage spike in more than three decades, setting the stage for the central bank to exit the world's last negative rates regime. Rengo said its seven million...
Steve Forbes
On a world market, goods from one country must compete with those from all other countries. Car makers in America must compete with car makers in Europe and Japan. If the value of the euro decreases against the dollar, the price of the cars sold by European manufacturers in America, in d...
Japan is a significant export economy and exports in excess of $700 billion of goods annually, making it the fourth-largest export economy in the world. The country enjoys a positive trade balance of $59.2 billion, with total annual exports of $713 billion exceeding imports of $653 billion....
ighs on Economy.]]>The article concerns the lack of substantial achievement by Japan's Prime Minister Yasuo Fukuda in improving the country's sluggish economy. It is inferred that the country has been lacking strong leadership as evidenced through the passage of only one bill to provide ...
Any action taken by a central bank in the forex market is done to stabilize or increase the competitiveness of that nation's economy. Central banks as well as speculators may engage in currency interventions to make theircurrencies appreciateor depreciate. ...
We don’t think Japan is there just yet but it is inevitable, in our opinion. Ditto for the U.S. unless Congress begins to address the structural deficit and the country’s debt problem. The Wall Street Journalwrites, The distinction—between buying bonds to stimulate the economy and doing...
Since then, the U.S. has gone positive. But we’re seeing that in Europe, gold is taking off in euro terms, and in Japan it’s taking off in yen terms. They’re running at negative real interest rates the way we were on a relative basis up to 2011. ...
生き甲斐, pronouncedikigai, is a Japanese concept that means “reason for being.” In other words, what makes you get up in the morning without an alarm clock because you're so damn excited?! Ikigai is at the heart of Financial Samurai, this personal finance site I created in 2009 to ...