Tagged: Japan

IMF cuts global growth forecast; Emerging economies to maintain robust growth

IMF cuts global growth forecast; Emerging economies to maintain robust growth

Europe’s failure might become a catastrophe for the world economy, according to IMF. Richer countries will grow at even slower pace than previously predicted by IMF. Japanese economy is poised to shrink by 0.5%...

Who are the largest holders of US Debt?

Who are the largest holders of US Debt?

Most of the US debt is held by the US citizens only. Foreign holdings of US debt is only 30% of the total debt. China and Japan combine holdings is 50% of all foreign...

Japanese Government finally intervenes after 6 years

Japanese Government finally intervenes after 6 years

Japan’s Finance Minister Yoshihiko Noda confirmed that his ministry intervened in the foreign-exchange markets but didn’t specify the amount of intervention. Noda also said the intervention was aimed at curbing excessive foreign-exchange fluctuations and...

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