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Tag Archives: Japan

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 [...]

Japan’s Private Sector Machinery Orders Fall

09-Jul-09

Japan’s private sector machinery orders fell unexpectedly for the third consecutive month, dropping 3% to US$7.05B in May from April, hitting the lowest level since April 1987. May’s figure was worse than expected as economists had predicted a 2.1% increase. Machine orders are a leading indicator of capital spending; therefore a decline indicates that companies [...]

Financial News Summary – May 13, 2009

13-May-09

- European Commission Fines Intel Corp EUR 1.06B – US Retail Sales Fall For Second Straight Month in April – Japan’s Current Account Surplus Contracts By Record 48.8%