ft.com - 3/25/2009
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Japanese exports fell by nearly half year-on-year in February, setting the latest in a series of grim records that have underscored the woes surrounding the world’s second largest economy. The dismal February trade performance will fuel expectations that Japan is on course to experience a ...
bloomberg.com - 3/25/2009
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bloomberg.com —
March 25 (Bloomberg) -- Japan’s exports plunged a
record 49.4 percent in February as deepening recessions in...
the U.S. and Europe sapped demand for the country’s cars and electronics. Shipments to the U.S., the country’s biggest market, tumbled an ...
(more)
Japan Exports Drop Record 49% as Global Slump Deepens ...
bloomberg.com - 3/25/2009
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bloomberg.com —
March 25 (Bloomberg) -- Japan’s exports plunged by
a record in February as deepening recessions in the...
U.S. and Europe sapped demand for the country’s cars and electronics. Overseas shipments fell 49.4 percent from a year earlier, the sharpest ...
(more)
Japan Exports Drop Record 49% as Global Slump Deepens ...
bloomberg.com - 3/25/2009
—
bloomberg.com —
March 25 (Bloomberg) -- Japan’s exports plunged a
record 49.4 percent in February as deepening recessions in...
the U.S. and Europe sapped demand for the country’s cars and electronics. Shipments to the U.S., the country’s biggest market, tumbled an ...
(more)
Japan Exports Drop Record 49% as Global Slump Deepens ...
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More Japan parallels
FT Alphaville —
... “lost decade” of the 1990s. The current crisis is the result of correctable policy mistakes rather than deep structural flaws in the economy. Back in Japan itself, as Tokyo struggles to put together a third stimulus package, news comes on Wednesday of yet another record drop in the country’s exports in February - down nearly 50% from a year ago. But in a fine illustration of how much can be masked by figures, the country ended up posting a small surplus for February. As the FT reports , exports nearly halved in February, falling 49.4 per cent from a year earlier, as demand ...
Lunch Wrap
FT Alphaville —
... - a guide for new readers Principal content Lunch Wrap Posted by Sam Jones on Mar 25 12:25. On FT Alphaville this morning, - The state of hedgie pay . - Tabulating the bank/PPIP disconnect . - L&G comes clean on CDOs. Sort of. - Fed continues to QEase . - A fresh wave of US/Japan parallels . - UK gilt auction fails. - Goodwin rage . - Moving towards a global super currency . On FT.com, - Japan’s exports nearly halve . - L&G slumps to a loss and halves dividend . - Sir Fred Goodwin’s house ...
Lunchtime Links 3-25
Rolfe Winkler —
... Japan Suffers Record Export Drop (FT) We’ve effectively adopted the “Japanese solution” to deal with our financial crisis—hiding losses instead of recognizing them and spending on stimulus in order to prop up the economy. For Japan, all that did was delay the day of reckoning, which has now arrived. ...
A global growth surprise from UBS
FT Alphaville —
... has been largely driven by a favourable response from investors to recent policy initiatives from the US, this improvement in the global macroeconomic picture (compared with expectations) has been supportive as well. Meanwhile, according to UBS, fuelling much of the upside element in the surprise index was better-than-expected data from the US and Japan. (That would be Japan’s positive surprises on machinery orders, tertiary sector output and consumer confidence - not exports, which fell nearly 50 per cent on the year in February).
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fistfulofeuros.net 3/25/2009 — Japan’s exports fell by a record 49.4 percent in February as deepening recessions in the U.S. and Europe, and a sharp slowdown in China hit demand for Japanese products around the globe. Shipments to the U.S., still Japan’s biggest market, dropped an unprecedented 58.4 percent from a year ...
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