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Tag Archives: Japan Economy

Overnight Market News – May 20, 2010

20-May-10

Dubai World Reaches Deal with its Main Creditors to Restructure USD 23.5B of Debt Japan’s Economy Expands 1.2% in Q01 2010, Fastest Pace in Three Quarters as Stimulus Measures Boosted Consumption Retailer, Sears Holdings Corp First-Quarter Net Income Declines 38% to USD 16mm on Higher Costs Singapore’s Q01 2010 Gross Domestic Product Grows 15.5% from [...]

Japan Economic Data Reports – Nothing To Smile About

30-Aug-09

Despite reporting just a few weeks ago that it had emerged from recession, Japan failed to reproduce the same kind of good news with its latest economic data reports. The world’s second largest economy saw its unemployment rate rise to a record high of 5.7% in July, surpassing the previous high of 5.5% which was [...]

Overnight Market News – August 17, 2009

17-Aug-09

Japan’s Economy Emerges from Recession Growing 0.9% in Second Quarter UBS AG to Disclose Information on 5,000 Offshore Account Holders after Coming to Agreement with US Government China’s USD 200B Sovereign Wealth Fund, China Investment Corp to Purchase USD 2B in US Mortgages China Secures Six-Month Iron Ore Supply Contract with Australia’s Fortescue Metals, Potentially [...]

Japan’s Economy In Trouble?

25-Jun-09

Though there is talk that the U.S. and Europe are emerging from the recession, Japan certainly has not yet gotten over it. Japan, with the world’s second largest economy, saw exports slump once again in May, falling 40.9% YOY, even more than April’s 39.1% decline. This was worse than the expected 39.3% fall as consumers [...]