After the collapse of the Tokyo Stock Exchange in October 2008 inline with the collapse of other share-markets worldwide, it has been slowly recovering since last March. In June the NIKKEI 225 broke the 10,000 points barrier and after a dip in July, it hasn’t closed below 10,200 points in August. There is no...
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In the second quarter of 2009 the Japanese economy grew by 0.9% compared to the previous quarter. This is positive news, and a bigger increase than the 0.3% that France and Germany reported last week. Analysts’ reaction was rather cool and the Tokyo Stock Exchange took a nosedive. The chart below shows economic growth...
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Kirin is a large brewing group and a fixture on the Tokyo Stock Exchange. It has recently raised eyelids in Australia with a major acquisition spree. In 2007 Kirin bought National Foods, an Australian dairy and fruit juice company, followed by the acquisition of Dairy Farmers, a leading dairy manufacturer, in 2008 and Lion...
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Australia is the only ‘advanced’ economy that avoided a recession. Although GDP growth has been anaemic in the first quarter of 2009, Australia is set for a speedy recovery with minor bruises from the Global Financial Crisis. Countries most heavily hit by the crisis have been those whose financial system have been exposed to sub-prime...
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On the 30th of August, Japan’s citizens will vote to elect a new government. The two leading parties agree the economy is in dire need of revitalisation. With the ruling Liberal Democratic Party (LDP) having failed to fix the economy, the Democratic Party of Japan (DPJ) is expected to win voters’ confidence. The DPJ...
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Japan’s exports rose by more than 12% in the second quarter of 2009. Although this only compensates for less than half the 29% drop in exports in the first quarter, it is an important sign that Japan’s economy is getting back on track. More than any other economy, Japan relies on exports for economic...
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