Tag: Japan

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  • Japan economy

    Japan’s Economy Shrinks, In More Bad News From Asia

    Japan’s economy shrank by 1.6 percent in the second quarter thanks to a weakening export market and reduced consumer spending, in news that follows a tumultuous week in China. The numbers do not bode well for Japan’s prime minister, Shinzo Abe. His economic policy, branded “Abenomics,” has sought to raise his country’s fortunes after years […]

  • Asian Markets Fall

    Asia Markets Spooked By China Concerns And U.S. Interest Rate Fears

    Asian markets fell in early trading Monday after lower-than-expected export numbers from China and concerns of a U.S. interest rate hike. The Nikkei in Japan fell 0.4 percent while the MSCI Asia Pacific Index dropped by a tenth of a percent. South Korea’s market fell 0.3 percent. China reported this weekend that exports fell 8.3% from […]

  • The Economic Impact of Natural Disasters

    Due to rising population, climate change, and environmental degradation, natural disasters are increasing in frequency. They are also becoming costlier and deadlier, according to Swiss Re, a reinsurance company. In 2009, natural disasters cost insurers about $110 billion. In 2010, the cost was double that, at $218 billion. According to the World Bank, there are […]