Japan’s retail sales tumbled the most in 13 years last month as the nation’s record earthquake shut stores and discouraged households from spending money.
BusinessWeek.com — Finance
Japanese Prime Minister Naoto Kan proposed a 4-trillion yen ($ 49 billion) extra budget that is likely to be the first of several packages to rebuild areas devastated by last month’s record earthquake and tsunami.
BusinessWeek.com — Finance
Japanese Prime Minister Naoto Kan proposed a 4-trillion yen ($ 49 billion) extra budget that is likely to be the first of several packages to rebuild areas devastated by last month’s record earthquake and tsunami.
BusinessWeek.com — Finance
The yen gained versus most of its major counterparts after the latest earthquake to strike Japan revived speculation that insurance companies would need to repatriate offshore investments to help pay for damages.
BusinessWeek.com — Finance
Stocks fell, dragging the Dow Jones Industrial Average down from an almost three-year high, while Treasuries pared losses and the yen rose as another earthquake shook Japan. Crude oil topped $ 110 a barrel and gauges of commodities climbed to the highest levels since 2008.
BusinessWeek.com — Finance
Wal-Mart Stores Inc., the world’s largest retailer, is resuming normal operations at half the stores hampered by Japan’s strongest earthquake as residents struggle to find water, food and other necessities.
BusinessWeek.com — Finance
Toyota Motor Corp. and Sony Corp., two of Japan’s biggest manufacturers, are facing worst-case scenarios of long-term production shortfalls as scores of plants remain closed and workers are idled in the aftermath of the March 11 earthquake and tsunami.
BusinessWeek.com — Finance
Stocks in Japan extended losses as trading resumed though the worst earthquake on record in the third-biggest economy is unlikely to dent the two-year bull market in global equities.
BusinessWeek.com — Finance
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