APPIEZELF schreef op 26 januari 2012 01:01:
09:00 Tokyo tijd.
Nikkei 225: 8,890.49 +6.80 ( +0.08%)
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Japan Posts First Trade Deficit Since '80By TAKASHI NAKAMICHI
TOKYO-Japan posted a ¥2.5 trillion ($32 billion) trade deficit last year, its first annual shortfall since 1980, and economists expect more deficits ahead as the yen remains strong, global growth slows and Japanese demand for energy imports continues to surge.
A slew of unusual events, such as the March earthquake and nuclear accident and the European debt crisis, played a major role in pushing Japan into trade deficit. Another key factor was autumn flooding in Thailand, a key production center for many Japanese manufacturers. These factors helped to produce a shortfall of ¥205.1 billion in December, worse than the ¥150.5 billion shortfall forecast by analysts.
Is this just last year's earthquake taking its toll with energy imports rising and with infrastructure damage hurting exports? Is there a greater risk? Dow Jones's David Cottle looks at the implications.
Many economists see no quick end to the trade shortfall, with Japan's export-driven economic model losing its luster as the strong yen continues to hollow out the domestic manufacturing base. The nation's shift away from nuclear power leaves it no choice but to import more energy.
online.wsj.com/article/SB100014240529...