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 Nikkei stock average has roared to 33-year highs, powered by strong earnings and economic revival after the pandemic, with the economy expanding a stronger-than-expected 2.7% in the first quarter. But worries about further price increases and the fate of the globa...
Why the Japanese Tsunami Has Macro Effects on Japan and the Global EconomyNouriel Roubini
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....
According to ananalysis of foreign exchange reserves, China has the largest foreign exchange reserve in the world, holding over $3.6 trillion. Japan came in second, holding $1.3 trillion, and Switzerland followed with $890 billion. How Much Money Total Is Held in Foreign Exchange Reserve?
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 ...
China is primarily a manufacturing hub and an export-driven economy. Trade data from the U.S. Census Bureau shows that China has been running a big trade surplus with the U.S. since 1985. This means that China sells more goods and services to the U.S. than the U.S. sells to China...
the large interest expense was showing early signs of being stimulative for the economy at a faster rate than the central bank’s interest rates were weighing down the private sector. This is because the government’s debt was so large and was consisting of so much short-duration securities, ...
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 ...
Christmas was, and still is, a secular holiday in Japan – a country where less than 1% of the population identifies as Christian – and in the 1970s many people didn’t have established family Christmas traditions. That’s where KFC came in. The company launched its “Kentucky for Christma...