mynameisandhy Posted August 27, 2012 Author Report Share Posted August 27, 2012 News and Economic Review Zone Asia (China) China's exports is Weak Monday, August 27, 2012 At 24-25 Agutus, the Chinese premier, Wen Jiabao visit to Guangdong province to review the export sector. Guangdong is the basis of China's export production. Judging from the early indicators signaling goods orders export figures are still not showing improvement, "explained Nomura research team. Nomura indicated visits to Guangdong Wen explained that export performance was weak or even worsen for the entire month of August after last month rose only about 1%, "said Nomura analyst. Measures taken Wen, according to Nomura, it seems to be helping the export sector for the long term although can not drive the value of exports in the short term. "Wen also said that there should be a policy that can further stimulate economic growth not only meet its growth target this year but also for the year 2013. "So far, this is the latest and interpreted Wen's statement as a signal that the concern for the greater economic growth" said Nomura. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted August 28, 2012 Author Report Share Posted August 28, 2012 News and Economic Review Zone Asia (Japan) Government of Japan Lowers Economic Outlook In August Tuesday, August 28, 2012 The Government of Japan has cut its economic assessment in August, the first time in reducing the economic outlook since October 2011. According to government sources, the economy still in recovery, led by the rebuilding after the earthquake. The economic outlook will be affected by the global slowdown, but reconstruction continued to lead the recovery of the Japanese economy. The global economic slowdown may increase the risk for Japan. Exports, imports, industrial production, personal consumption and residential construction, all experienced a decrease in its judgment. In contrast, the employment situation has improved. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted August 29, 2012 Author Report Share Posted August 29, 2012 News and Economic Review Zone Asia (China) China Automobile Sector Growth Decline Sharply Wednesday, August 29, 2012 Largest car market in the world is now stuck in the slow lane due to the slowdown of China's economy and negatively impact the motor vehicle manufacturers. One of them BYD automaker backed by Warren Buffett's revenue decreased approximately 94% in the first half 2012 due to weak sales. Various stock Chinese carmakers have also shown the worst performance this year in the global automotive sector. Stagnant auto sales growth below 8% this year, less sharply than sales growth above 30% during 2009 and 2010 when government subsidies to boost sales rapidly. The fall of sales of vehicles in China not only affects China's domestic brands but also foreign. Observed so far only two brands of Chinese auto manufacturers who proved the outstanding performance, the Geely and Great Wall as the best-selling SUV manufacturer in China. Both producers outsmart his slow pace of domestic sales by boosting sales in Eastern Europe and Southeast Asia. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted August 30, 2012 Author Report Share Posted August 30, 2012 News and Economic Review Zone Asia (China) China PM: We Still Investing in Bonds Europe Thursday, August 30, 2012 The Chinese government has no intention of withdrawing from the European-based bond investment. In a joint press conference with Chancellor Angela Merkel a few moments ago, Prime Minister Wen Jiabao pledged to continue investing in European debt. Not only that, China has established intensive talks with the European Central Bank (ECB) in the settlement of regional crises. The debt crisis became a major focus in the meeting between Wen and Merkel today. China assess the handling of the crisis is a long-term process with balanced between tightening fiscal policy and economic stimulus. "We continue to believe the euro and will continue to buy European bonds as participation in solving the crisis," Wen said diplomatically. The prime minister's comments were welcomed by Merkel, who said that the crisis resolution achieved significant progress. "European countries have political interests to restore confidence in the euro," he described. Beijing party even plans to add European bailout portion using forex reserves are plentiful. However, no mention of the total funds ready to be launched by the government. So far, China has become a loyal buyer of any bonds issued by the European Financial Stability Facility and the troubled nations on the continent of blue. Wen time commitment is in line with China's top official comment on the forum China-EU meeting in July. At that time, Dai Bingguo, representative of his country's government sincerely and firmly support the completion of the European debt crisis. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 2, 2012 Author Report Share Posted September 2, 2012 News and Economic Review Zone Asia The Intensive Slowdown Issues in Asia Friday, August 31, 2012 In akhri this week (Friday, 31/08) hit the back of negative sentiment among market participants in Asia because of concerns over the slowdown in the global economy back blows after economic data Japan and South Korea appear disappointing again. Two economic data which is the motor of economic activity that the country samurai, the industrial output and shrinking manufacturing PMI appeared respectively in figure -1.2% for industrial output and 47.7 for the index of the manufacturing sector. While the number of South Korean industrial output slumped to increasingly -1.6% in July from -0.4% the previous month. Just yesterday, Japanese retail sales fell -0.8 diangka percent from the previous month a year ago at the level of +0.2 per cent, a reduction in the data the first time in eight months. While the level of business confidence among South Korean manufacturers still recorded the lowest level since the global financial crisis. And it sparked pressure on the Central Bank cuts interest rates to boost growth in South Korea. Therefore, investors in Asia are taking a defensive posture and tends to be careful with meyelamatkan assets especially before a meeting in Jackson Hole this weekend amid investor fears the economic slowdown is now beginning to be felt in Asia. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 3, 2012 Author Report Share Posted September 3, 2012 News and Economic Review Zone Asia (China) HSBC China PMI Final Released Fall Monday, September 3, 2012 Final Purchasing Managers Index data from HSBC, a measure of nationwide manufacturing activity, fell to 47.6 was released in August, the lowest level since March 2009, from 49.3 in July, HSBC Holdings PLC said Monday. The decline may be due to concerns that a sharp slowdown in the second largest economy in the world. A reading below 50 indicates a contraction in manufacturing activity from the previous month, while a reading above 50 indicates expansion. HSBC PMI final reading in there at 47.8 points, which was announced on August 23. Early figures are based on 85% to 90% of the responses to the PMI survey. "Final reading of HSBC manufacturing PMI (August) confirmed that China's manufacturing sector is facing increasing pressure," said HSBC chief economist for China, Hongbin Qu, said in a statement. "Beijing should increase policy easing to stabilize growth and encourage labor market conditions," said Qu. China HSBC Manufacturing PMI is based on data compiled from monthly responses to questionnaires sent to purchasing executives in over 420 manufacturing companies. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 4, 2012 Author Report Share Posted September 4, 2012 News and Economic Review Zone Asia (China) Decrease in Shanghai Participate Drag Hang Seng Tuesday, September 4, 2012 China's shares fell on the spin direction until the first half of trading on Tuesday (04/09) as investors expressed disappointment related to lack of strong action from Beijing to boost economic growth. The Shanghai Composite Index dropped 0.4% to a level of 2051.31, and expected to consolidate around the 2050 area in the afternoon. The weakening of the Shanghai stock exchange helped make the Hang Seng Index - Hong Kong declined to participate or -0.32% -61.74 points to 19497.47. In an effort to stem speculative investment in the property market, the Chinese government has delayed further easing measures in its monetary policy. So the stock market is unlikely to rise much. Carrying a name airlines decline due to concerns over rising fuel costs. Shares dropped 1.5% Air China, China Eastern slumped 0.3% and China Southern fell 0.3%. While the Shenzhen Composite Index fell 0.3% to a level of 852.58. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 5, 2012 Author Report Share Posted September 5, 2012 News and Economic Review Zone Asia (Japan) Japan Open Opportunities Add Discount Mortgage Wednesday, September 5, 2012 In an attempt to trigger the purchase of a home, Japan's Ministry of Land filed a rise in mortgage discounts for first buyers, the Nikkei daily newspaper said in a report today. The plan involves the "Flat 35S", which currently offers a fixed rate mortgage to 35 years with a discount rate of 0.3 percentage points. The proposal would raise up to 0.5 pounds discount on interest rates for the first 10 years of the loan, with the goal of home buyers who propsektif at the age of 20 and early 30, says the report. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 6, 2012 Author Report Share Posted September 6, 2012 News and Economic Review Zone Asia (Japan) Democrats Want BoJ Buy Foreign Bonds Thursday, September 6, 2012 Ruling party of government, Democrats, again urged the Bank of Japan to do more to weaken the yen, including buying foreign government bonds as much as ¥ 10 trillion. "The central bank should consider buying foreign government bonds worth ¥ 10 trillion," the letter from the Democratic Party's policy panel to the Bank of Japan. The government ruling also prompted the central bank to use all its instruments in order to achieve the inflation target of 1%. Democrats also urged the BOJ to buy ETFs based real estate and stocks aggressively to help the property sector and the stock market being down. Japanese politicians seem increasingly rely on the BoJ to stimulate economic activity in the limited space for the government to provide fiscal incentives. Politicians yen further monetary easing could help reverse the trend of a strong yen that has been difficult for Japanese exporters to compete in international markets. Meanwhile, the yen weakened thin record while Nikkei gains on the London session. USD / JPY is now trading 78.44, not far from the opening level of 78.41. Nikkei futures trading is now 8725, away from the daily low of 8650. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 9, 2012 Author Report Share Posted September 9, 2012 News and Economic Review Zone Asia (China) Investors worry China's Datas On Sunday Friday, September 7, 2012 Some data from China on Sunday to confirm investors' worst fears that the slowdown in the world's second largest economy has continued up to 7 consecutive quarters, making the global market outlook remains grim. But hopes that the data in August that Beijing will encourage parties to stimulate the economy by cutting interest rates seems wrong, because inflation is expected to grow rapidly, although from a low level. The combination of rising prices and weak growth in exports and factory output makes Beijing's policy dilemma: policy and let loose a high inflation, or does not take policy risks further weakening in economic activity. With the change of leadership of the Communist Party next month, analysts worried China could be a "policy paralysis". Although evidence suggests the economy needs additional stimulus to regain momentum, policy makers may resist price increases in anxiety. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 10, 2012 Author Report Share Posted September 10, 2012 News and Economic Review Zone Asia (China) Hu Jintao: China's Economic Growth to Face Pressure Monday, September 10, 2012 Chinese President said the economy faces pressure with slowing economic growth after a decline in factory output in August to its lowest level in three years. President Hu Jintao said that the world's second largest economy is facing challenges from weak exports and uneven growth. He made the comments on Sunday for the CEO of the company at a meeting of Asia-Pacific Economic Cooperation in Vladivostok, Russia. "The pressure on economic growth is clearly slowing," said Hu, according to the text released by the Chinese government. The President did not elaborate on possible new stimulus measures but promised to continue reforms aimed at the Chinese government as a first step to dominate the world economy. Data on Sunday showed China's factory activity slowed to its lowest level in three years in August. Some analysts have cut China's growth forecasts for this year after weaker-than-expected Chinese economic. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 11, 2012 Author Report Share Posted September 11, 2012 News and Economic Review Zone Asia (Japan) Minister Banking Japan, Matsushita found dead Tuesday, September 11, 2012 Financial Services Minister Tadahiro Matsushita Japan was found dead at his home, said the office where she worked. Matsushita aged 73 years. Police are currently investigating the possibility of suicide, said police spokesman. Matsushita was found dead at his home in Tokyo, said the staff at the office of Matsushita in Kagoshima prefecture in southern Kyushu, in a telephone conversation. Tokyo Metropolitan Police or the Tokyo Metro Police received an emergency call yesterday, said the spokesman. Matsushita may have left a note, Kyodo News reported, citing police. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 12, 2012 Author Report Share Posted September 12, 2012 News and Economic Review Zone Asia (China) China still likely to Reach Growth Target: Wen Wednesday, September 12, 2012 Prime Minister of China, Wen Jiabao signaled that there is an opportunity for China to produce fiscal and monetary policy to support growth, saying that the country has full confidence to meet its growth targets this year. "Whether it fiscal or monetary policy, we still have sufficient capacity," Wen said at the World Economic Forum in Tianjin city, China. The Chinese government has spent 100 billion yuan (equivalent to $ 16 billion) in stabilizing our funding and the proper way to use these funds to improve the policies and sustainable economic growth, "Wen said. The Chinese government is trying to avoid the growth target this year falls below the target of 7.5% recorded in March. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 13, 2012 Author Report Share Posted September 13, 2012 News and Economic Review Zone Asia (Japan) Japan Lower Assessment economy Thursday, September 13, 2012 The Japanese government will lower its assessment of the economy for the second consecutive month in September, seriring overseas economic slowdown leading to a decline in exports, a government official said Thursday. Downgrade will be made in monthly economic report for approval by the Cabinet on Friday. This will be the first time that the assessment was cut for two months or more in a row since a decrease of five months from October 2008 to February 2009. In August, the government lowered its view of the economy for the first time in 10 months as slowing export the burden of production and failed to increase consumer spending. Domestic demand-related reconstruction spending after the earthquake and tsunami in March 2011 has been supporting the economy, but the downgrade showed susceptibility to slowing global growth. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 15, 2012 Author Report Share Posted September 15, 2012 News and Economic Review Zone Asia (Japan) Hinting Japan Intervention Friday, September 14, 2012 Japan's finance minister hinted that market intervention to control currency appreciation is needed. This prompted the Bank of Japan to immediately take action due to currency gains continue to undermine the economy. The finance minister, Jun Azumi intensify efforts to weaken the yen after last night (13/09) dollar hit a seven-month low at Y77.13 in New York. It is considered increasingly burdensome Japanese manufacturing sector. Launch QE directly weaken the greenback. Dollar at Y77.62. Mr. Azumi believe the Fed's commitment to revitalize growth and said that U.S. economic growth would help lift the world economy. Japan's economic picture looks sharp decline due to the impact of the debt crisis in Europe, the global slowdown and the strong yen. While government spending is used to support domestic economic activity where there is a risk of decline in export value, "said Mr.. Azumi. Nationwide growth rate declined to 0.7% for the period April-June from the previous period of the approaching 5.3% with declining terms of trade. Some analysts suspect the contraction will be seen in the next two quarters. The government cut its economic assessment for a second month in September in a report released today. Decline since the global financial crisis occurred in 2008. The International Monetary Fund expressed support for Japan's intervention. Still questionable whether the U.S. and Europe still require increased exports to drive growth performance. Mr. Azumi declined to comment when asked whether he had held talks by telephone with U.S. authorities after the actions of the Fed. On Tuesday and Wednesday (18-19/09), the BOJ had been due to hold a meeting to discuss the impact of QE3 on the currency exchange rate. "The BOJ is expected to do the right thing at the right time considering the current economic conditions and monthly economic assessment by the government, it is clear Mr. Azumi. BOJ sets inflation target by 1% in February and said it was important for the BOJ to take some steps to realize this. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 17, 2012 Author Report Share Posted September 17, 2012 News and Economic Review Zone Asia (Japan) Japanese companies Closes Factory in China for While Monday, September 17, 2012 The majority of Japanese companies have temporarily shut down its factory in China and called for Japanese citizens to stay at home with increasing demonstrations in protest at the seizure of the Senkaku islands. Anti-Japanese sentiment worsened at the weekend with the rise of attacks against Toyota and Honda. Protesters are not only targeting the Japanese diplomat, but also shops, restaurants, and Japanese car showroom. Local Chinese media even warned disputed islands would damage trade relations between the two countries. China and Japan at odds over ownership of islands in the East China Sea and the situation worsened after the Japanese government decided to buy the island. China then sent six ships to the area supervisor. Daily People's Daily even write 1000 Chinese fishing vessel was sailing to the island will be docked today. Meanwhile, the Nikkei futures reducing reinforcement in the London session. Nikkei futures trading is now 9160, trying to stay away from high levels of daily 9200 Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 18, 2012 Author Report Share Posted September 18, 2012 News and Economic Review Zone Asia (Japan) Bank of Japan appears Ready to Take Action Tuesday, September 18, 2012 Two weeks ago the European Central Bank shows how to end the euro zone debt crisis and last week the Federal Reserve to take aggressive steps to revive the U.S. prekonomian. Now it's time the Bank of Japan (BOJ) to take over the central bank's podium. BOJ policy meeting will end during the second day on Wednesday and the issue that the BOJ will conduct monetary easing has escalated in the relevant market strengthening of the yen, the risk of hindering economic recovery in Japan. Economists said that although the possibility the BOJ will take stern measures at a meeting in October when it released the latest forecasts for growth and inflation, this week's meeting was the starting signal. "Presence or absence of monetary easing by the BOJ at the meeting will be the starting signal keibijakan. We think the BOJ will ease policy at its next meeting or one of the two meetings in October, but it is difficult to determine when a third of the meeting, "said Masayuki Kichikawa, chief Japan economist at Bank of America Merrill Lynch. "The pressure on the BoJ to ease policy again increase as the economic recovery slows, yen appreciation opportunities, and possible political pressure," he said. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 19, 2012 Author Report Share Posted September 19, 2012 News and Economic Review Zone Asia (Japan) BoJ Perform Monetary easing Wednesday, September 19, 2012 Today (19/09) The Bank of Japan decided to continue the Fed's monetary policy after the U.S. do the same steps. This step aims to reduce deflation caused by the strengthening yen affecting exports and the impact of the decline in global growth. At the end of the meeting which lasted for two days, the central bank decided to raise the amount of asset-purchase program that became the main weapon for pelonggara monetary measures to Y80 trillion yen from the previous Y70 trillion in the midst of near-zero interest rates. BoJ actions do after last week the U.S. Fed launches QE3. BoJ also decided to extend the deadline until the end of the program in December 2013. The BoJ said it would eliminate the minimum yield of 0.1% for the purchase of government and corporate bonds. BoJ has previously been negating yield similar to the purchase of treasury discount bills. "The move is expected to make financial condition improved both government and household sector becomes more accommodative," according to a statement released in conjunction with the rate decision. BoJ also decided to keep hold interest rates at the level of 0.0% -0.1%. The dollar rose against the yen after the statement was read. The dollar rose to Y79.02 from Y78.69. The market's focus is currently on the Governor Masaaki Shirakawa news conference at 13:30 pm to explain the BoJ steps in detail. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 20, 2012 Author Report Share Posted September 20, 2012 News and Economic Review Zone Asia (China) Observed China Manufacturing Index Up Thursday, September 20, 2012 China's manufacturing activity contracted in September for the 11th consecutive month, although the general conditions of the thin recovery level in August, according to the monthly survey observations from HSBC. HSBC PMI manufacturing index registered at 47.8 points in a scale of 100, up slightly from the previous release in figure 47.6, but still below the level in July. Stock in China did not experience any post-release movement of such data, with the Shanghai stock index traded down 0.1%, the Shenzhen stock index which fell 1.4%. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 23, 2012 Author Report Share Posted September 23, 2012 News and Economic Review Zone Asia Asian stocks Back Reach Gain Friday, September 21, 2012 Asian stock markets moved up in the Asian session on Friday, the last day of the price movement this week that saw the fall of crude oil prices, easing from the central bank and the world's newest product launch of Apple Inc., iPhone5. Hang Seng Index of Hong Kong rose 0.8% while the Shanghai stock indices moved lower with annual fall of 0.1% after falling 2.1% on Thursday. Nikkei moved up by 0.5%, South Korea's KOSPI index rose 0.2% and the index of Australia, the S & P / ASX 200 rose 0.3%. The shares performed strongly this Friday including shares of Sharp Corp., which jumped by 5% in Tokyo after the Mainichi Shimbun reported any funding discussions with Intel Corp., including an increase in funding of $ 380 million. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 24, 2012 Author Report Share Posted September 24, 2012 News and Economic Review Zone Asia (Japan) Japanese Corporations Collect Power To Renesas Monday, September 24, 2012 A group of major Japanese manufacturing companies united to keep the company offers Renesas Electronics Corp. to conduct a blockade of the acquisition may be made by U.S. private companies. KKR & Co., according to a source. The consortium involves the Innovation Network Corp. of Japan along with Toyota Motor Corp., Panasonic Corp., Honda Motor Co., Nissan Motor Co., Canon Inc. and Fanuc Corp., a daily newspaper Nikkei reported. The Japanese government and industry officials worry acquisition of KKR may reduce the operational benefit and some companies believe that it is very important for the end user in Japan ", the statement quoted Japanese officials in a separate report by Dow Jones Newwires. KKR filed purchases worth 100 billion yen (equivalent to $ 1.28 billion) for the Renesas - the largest independent company in the Japanese chip manufacturers. Renesas is a supplier of automotive components used by vehicle manufacturers in Japan. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 25, 2012 Author Report Share Posted September 25, 2012 News and Economic Review Zone Asia Chinese Military Displays of Power To Japan Tuesday, September 25, 2012 China sent its aircraft carrier out to sea east China amid deteriorating relations with Japan. "Liaoning warships will strengthen the naval operational Beijing China and help protect the sovereignty of the state," said the Chinese defense ministry. However, analysts only see the shipping carrier as merely showing off the limited ability of Liaoning. The relationship between China and Japan deteriorated after Jeapng buy Senkaku islands are also claimed by China as its territory. "China will not tolerate Japan's unilateral policies that could harm the sovereignty of China," said China's vice foreign minister, Zhang Zhijun. "Japan must make amends." Although the risk of a military war between the two countries is very small but could increase the political infighting between the two largest countries in Asia. In the meantime, please register weakening global stock markets thin London session. Dow Jones futures are now trading 13 480, 13 522 daily away from high level Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 26, 2012 Author Report Share Posted September 26, 2012 News and Economic Review Zone Asia (China) China Rejects Calls Discussion With Japan at UN Wednesday, September 26, 2012 Senior diplomats from China and Japan failed to conduct discussions to defuse tensions related claims to several islands in the South China Sea, with the Beijing who declined the invitation at the last talks at the UN, the South China Morning Post said Wednesday. The Japanese government suggested the talks in Beijing between the two largest economies in the Asia-related issues Diayou claims island in China and Senkaku in Japan. "The Chinese would not tolerate any unilateral action taken in violation of Japanese territorial government of China, reported by SMCP, quoting other sources. Japanese State Secretary Osamu Fujimura said that Japan would continue to keep the area around the Senkaku islands and kept in touch with the concerned agencies, the report added. "Fundamentally, the two countries do not have a consensus on the issue", said Professor Liang Yunxiang, an expert or specialist in the field of international relations at Peking University in Beijing, who gave his comments to the SMCP. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 27, 2012 Author Report Share Posted September 27, 2012 News and Economic Review Zone Asia (China) China Industrial Sector Profit Down Thursday, September 27, 2012 China post the earnings decline in the industrial sector of 3.1% for the period from January to August of last year compared with a fall of 2.7% in the first seven months, according to the central bureau of statistics. The decline in industry profits may encourage market pessimism about the economic outlook after the Shanghai Composite Index sank below the psychological level in 2000 for the first time in almost 44 months yesterday (26/09). Profit sector enterprises fell 6.2% to CNY381.2 billion in August, according to the central bureau of statistics. In July, profit fell 5.4% from the previous year. Quote Link to comment Share on other sites More sharing options...
mynameisandhy Posted September 30, 2012 Author Report Share Posted September 30, 2012 News and Economic Review Zone Asia (Japan) Recent Data From Japan BoJ Sinyalkan Additional Stimulus Friday, September 28, 2012 Recent data from Japan describe a bleak outlook for the economy started the year well and indicate that the Bank of Japan (BOJ) may elect to re-loosen monetary policy, analysts said. Japan's industrial output fell for the second consecutive month in August, fell as much as 1.3% - far deeper than forecasts for a decline of 0.5% by economists, indicated by data on Friday. Japan's economy and trade minister said that the output current is weakening inudstri, revising previous views that output had stabilized. "The weakness in the economy may require the Bank of Japan to take further steps," said Masayuki Kichikawa, chief Japan economist at Merrill Lynch Japan Securities in Tokyo. "I think the Bank of Japan will continue to consider whether the policy easing at the next meeting and will be enough to prevent a weakening in the recent production delay the release of Japan from deflation," he said. Quote Link to comment Share on other sites More sharing options...
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