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...
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....
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...
Why the Japanese Tsunami Has Macro Effects on Japan and the Global EconomyNouriel Roubini
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 ...
Being more closely tied to fast-growing China is certainly a welcome development for Japan’s export-reliant economy, which shrank to 2004 levels in the recent financial crisis. Some uncommonly upbeat reports from Japan reflect the shift. Exports to China jumped almost 8% in November from a yea...
By the close of the US stock market on March 25, Toyota had risen more than 90% in two years to 252.41 US dollars, with a total market value of 34.4 billion US dollars. As one of the “Seven Samurai of Japan” selected by Goldman Sachs, Toyota's stock price performance is comparable...
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?
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...