ft.com - 9/29/2008
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Japanese exports to the US tumbled by a record 22 per cent last month, pushing the country’s trade balance into a rare deficit and bolstering the view that its economy may have slid into recession. The fall, revealed by government data on Thursday, underscores how the sharp decline in US ...
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Signs of Global Growth Slowdown?
Vitaliy Katsenelson Contrarian Edge —
... September 29th, 2008 This weekend’s papers provided new signs of global economic slowdown. The first came from Japan. For the first time in 26 years – a long time – Japan became a net importer (imports exceeded exports). FT article sums it up : The contraction was led by plunging sales of Japanese cars and trucks in a weak US automobile market. Exports to Europe also declined while growth in shipments to China and other Asian countries – including sales of Japanese factory equipment used in those countries’ own export industries – slowed sharply. Note that ...
Japan, China: Signs of Global Growth Slowdown?
SeekingAlpha.com: Home Page —
... This weekend’s papers provided new signs of global economic slowdown. The first came from Japan. For the first time in 26 years – a long time – Japan became a net importer (imports exceeded exports). This FT article sums it up: ...
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