News Tag: Tokyo

August 20, 2010

Global stock markets knocked after weak US data

by Kay Murchie
Global stock markets have lost ground today after worse-than-expected weekly jobless numbers from the US yesterday. Furthermore, Tokyo shares were down as speculation mounted that the Bank of Japan would hold an emergency meeting to discuss the strength of its currency, the yen. The yen has hit a 15-month high against the dollar - fuelling concerns about the impact on ...

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February 16, 2009

Japan’s economy in worst performance since 1974

by Kay Murchie
The world’s second largest economy has suffered its worst ever decline in 35 years the Cabinet Office said in Tokyo today. In the period October to December, Gross Domestic Product (GDP) fell 3.3% - the third consecutive quarter in which GDP declined. In comparison, the euro zone suffered a 1.5% decline while the US, which is the world’s largest economy, suffered ...

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April 14, 2008

Global equities hurt by G-7 report

by Elaine Frei
Global equities markets were lower Monday after a pessimistic report from the weekend meeting of the G-7 nations in Washington, D.C., over the weekend. The Taiex dropped 0.19 percent to 8,892.68 in Taiwan while in Australia the Sydney Ordinaries fell 1.71 percent to 5,410.9 and the S&P;/ASX200 was down 1.78 percent to 5,342.4. South Korea’s Kospi was 1.85 percent lower to 1,746.71, the ...

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