NEW YORK –The euro dropped against the dollar Monday, its decline speeding after strong U.S. economic data made a sharp contrast to worries about the administration of an unprecedented bailout plan for cash-strapped Greece.
The U.S. data, which showed a strong reading in manufacturing and construction spending, illustrates a U.S. economy continuing to drag itself out [...]
Posts Tagged ‘japan’s economic’
WORLD FOREX: Euro Falls; Greece Worries Contrast With US Data
May 3rd, 2010 by HardMoney Writer
Tags: Bank of China, debt crisis, economy, European Central Bank, european union, Federal Reserve, financial, financial market, global economic, hard money, investors, japan's economic, US Economy, wall street
more...Japan’s recovery accelerating, central bank says
May 1st, 2010 by HardMoney Writer
TOKYO — Japan received a brighter assessment of its economic future Friday, with a key central bank report highlighting an accelerating recovery and easing price declines.
In its semiannual outlook, the Bank of Japan predicted that the world’s second biggest economy would see faster growth this fiscal year, which began April 1, and a possible end [...]
Tags: bank of japan, central bank, economic recovery, economy, Financial Markets, global economic, japan's economic, money, unemployment
Japan Warns Debt, Fund Flows May Hurt Global Growth
April 24th, 2010 by HardMoney Writer
WASHINGTON (Reuters) - Countries must not be complacent about the state of the global economy, despite brighter signs of recovery, Japanese Finance Minister Naoto Kan on Saturday warned his counterparts at the International Monetary Fund.
Huge public debt in developed countries and surging capital inflows to emerging economies could disrupt growth, Kan said.
The remarks came after [...]
Tags: economic recovery, economy, emerging economies, financial, Financial Markets, global recovery, IMF, Japan Finance, japan's economic, money
Japan finance minister needles BOJ on inflation targeting
February 22nd, 2010 by HardMoney Writer
Japan’s Finance Minister Naoto Kan reiterated his desire to target inflation, setting up a clash with the Bank of Japan over how best to pull the country out of deflation.
Kan, speaking in an interview with the Yomiuri newspaper published on Monday, said that a 1 percent rise in prices was desirable and that the central [...]
Tags: bank of japan, central bank, Japan Finance, japan's economic, onflation
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