It’s a case of wait and see for the Reserve Bank, a rate rise is, however, on the cards in Canada, the share market fall here was the worst May result for 26 years, and other business news.
Japan economy
Business As Usual: Japan’s jobless up … US economy grows slowly … UK capital gains tax fight …
US economy growing slowly, while sale of soft drink soars … Inflation is down in most of Europe … A reminder for Rio Tinto … The Tele rails against plans for a capital gains tax boost in the UK …
Business As Usual: Rosy future for capex … Apple eats Microsoft … Club Austerity’s newest member …
Taxpayers to chip in for Foster’s, Foster’s write-offs could total $2.5 billion, UK’s Channel Five on the market and BSkyB close to buying Virgin Media TV and Apple takes the most-valuable title.
Business As Usual: $1b write-down for Foster’s … Rough time for global markets … iPhones for 97 bucks …
Foster’s to separate wine and beer, tens of billions of dollars were wiped off global markets, US consumers are unmoved, a new iPhone is on the way, so the price plummets and other business news.
Business As Usual: Business as Usual: This is now serious….Ms Merkel speaks, down go markets…but growth still solid in Asia, US bank sick list rises
The Aussie dollar is falling, as it should, but where is the RBA? Plus, will Angela Merkel will manage to talk Europe back into recession? Asian growth still good on China’s back and other business news.
Business As Usual: UK tax! Now that’s a real tax … China wants America’s bonds … Going broke the only growth sector …
General Motors is back in the black … China is still doing its bit to prop up the US deficit … Countries defaulting? Poll says it’s a chance … Going broke it just about the only growth industry in the US …
Business As Usual: While young Murdoch loses the plot, Thomas the Tank Engine and Barney the Dinosaur are broke …
James Murdoch gives The Independent a piece of his f-cking mind … Greece asset prices fall right across the board … In Asia, Japan is still king of the debtors … Austar is making money hand over fist … Thomas the Tank Engine and Barney the Dinosaurare all but broke
Business As Usual: Demand strong for Greece debt … thanks China for the oil price hike …
In Greece, it’s still not time for Stavros to pass the ouzo and kick back … Wholesale prices in Japan take a tumble … Paying more for oil? The blame is firmly with China … There’s a message for newspapers in what’s happening in the music industry …
Business As Usual: Business as usual: Greece still shaking … US investors ignore reality … Murdoch guru quits …
More tremors felt around Greece … US investors are ignoring reality, while interest rates there rose alarmingly and investors ignored a surprise 18,000 rise in the number of weekly jobless benefits … Bankruptcies in Ireland are on the up …
Business As Usual: Jobs boost forecast in US … banks still failing … Chinese bubble busting …
Job figures in the US are tipped to be the best in 30 months … US banks continue to bit the dust … China puts the brakes on bank lending … Japan is still in deflation … BSkyB is expected to challenge an Ofcom ruling in the UK.
Business As Usual: Lehman guilty fingered, News to unload mobile content business
The finger of fate is pointing at those responsible for the collapase of Lehman’s, the bottom has fallen out of the US tomato industry, which in turn is having a disastrous effect on the fast-food business and other business news of the day.
Business As Usual: All hail and, well, big insurance claims … more US banks go …
Natural disasters are going to have a big say in the fortunes of insurance companies, 26 more US banks have gone down the tube, China’s exchange rate is steady as she goes, some encouragement in the latest US job figures and more business briefs.
Business As Usual: How Woolies kicked a big goal … a veritable buffet of Buffett … warm inner glow in the UK
The lowdown on the Woolworths’ results, Warren Buffett puts in his two bob’s worth, growth in the UK, Japan’s travelling nicely and other business news of the day.
Business As Usual: Kerry hardly stoked by WA Newspapers … Westpac’s big bananas … Top Gear payout
WA Newspapers still shedding readers (and profits), Westpac’s knee-deep in bananas, the earnings power of Top Gear and the latest on the Japanese and European economies in today’s business briefs.
Business As Usual: The European crisis … Japan holds on … Canwest lifeline
The Aussie dollar’s performance against the euro has snuck up, Greece is in deeper economic woe than anyone thought, Canwest has been thrown a lifeline and the Reserve Bank to speak in today’s business wrap.
World’s economies steering different paths
A flood of figures and announcements from governments on Friday tell very different stories about where some of the world’s major economies are a month into 2010.
How Japanese hyperinflation could destroy the dollar
Japan is carrying a massive load of debt and is in serious danger of exploding into a “hyper-inflationary death spiral”, says Business Insider. If it does, it could take the entire US financial system down with it.
Japan’s terrible two decades
When the bubble burst in Japan’s economy 20 years ago, it turned Japan into a land of savers, amidst dropping wages and fear of banks. Will the next decade be even more difficult financially as the growth of savings slows?
Can Latin America save Japanese electronics?
Japan’s ailing electronics industry is looking offshore to save the country from its economic woes, attempting to convince 400 million-odd South Americans to get on board with the country’s digital-TV standard in order to flog them new sets and TV phones. Will they buy in?
Japan: the land of the not-so-rising sum
There is a very real chance the Japanese economy could return to the red this quarter or in early 2010, after the shock downgrade in third quarter economic growth.
Export markets feel the pain
Mixed news from our biggest export markets shows more signs the rebound in the Japanese economy is running out of steam, but the early flow of monthly figures from China suggest the rebound there remains on track.
A sinking economy in the land of the rising sun
For all the talk of “change” in the wake of Japan’s election, one thing will remain the same: the country’s economic woes, with growing national debt and few innovative ideas from the incoming Democratic Party oh how to tame it.
Big Government hiding an inconvenient truth
If you believe Nobel-Prize winning New York Times commentator Paul Krugman, we’ve all been saved by the state and their quick thinking Big Government. Except, the worst may not be over.
Shanghai surprise spooks the market
Yesterday’s drop in the Chinese stockmarket means all eyes will be glued to it today, while Japan’s recovery is continuing, but may run out of puff.
Japanese production growth disappoints
Japanese industrial production failed to improve its rate of increase in May, and with global demand weak, exports won’t save their slumping economy.
