- Joined
- 27 February 2008
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am i the only one here with thoughts or intrest in this area ?
no one else thinks this maybe the dawn for a new era here ?
no one intrested in anything investment wise except the good ole busted USA and OZ ?
If its a good enough trade buy the market hedge the currency.
The time after the bubble's collapse (崩壊, hōkai?), which occurred gradually rather than catastrophically, is known as the "lost decade or end of the century" (失われた10年, ushinawareta jūnen?) in Japan.
Recently, the Nikkei 225 stock index reached a 26-year low 6994.90
(Reuters) - Prime Minister Yoshihiko Noda has vowed to achieve 1 percent inflation in Japan within one year, as part of his pledges to become re-elected head of the ruling Democratic Party.
Noda will draw up plans to beat deflation and revitalize the economy. He also aims to carry out reforms to achieve a society without nuclear power generation, though he did not give any timeframe, according to his election pledges.
(Reuters) - South Korea unveiled a $5.2 billion follow-up stimulus package on Monday, including tax breaks worth $2 billion, as the government tries to shore up Asia's fourth-largest economy in the face of the protracted debt crisis in Europe.
The steps would save taxpayers some 2.3 trillion won ($2.0 billion) in personal income tax, home transaction tax and domestic sales tax on automobiles and large electronics appliances, the finance ministry said in a statement.
"The fiscal crisis in Europe is continuing for a longer period than expected and the simultaneous slump in the advanced and emerging economies is continuing," Finance Minister Bahk Jae-wan said at a policy meeting.
The ministry said the package, which also includes a plan to make sure provincial governments spend their full budget allocations, would amount to 4.6 trillion won this year and 1.3 trillion won for next year, worth about $5.2 billion in total.
The measures were a follow-up to a $7 billion package in late June. Together, the stimulus packages are equal to about 1 percent of gross domestic product.
In June, the government had foreshadowed there could be further steps, so the market had been expecting an announcement.
The government has ruled out more direct measures to boost budget spending, saying it did not want to increase debt levels and fiscal soundness was important given Europe's problems.
After the country's export-reliant economy lost steam, the central bank cut interest rates in July for the first time in three years and is widely tipped to deliver another rate cut as early as Thursday.
($US1 = 1130.3000 Korean won)
it seems that japan and Korea have also put aside some of their enmity as the mutual threat from China looms like a colossus over the outh China Sea.Mr Kishida emerged as the victor of the Liberal Democratic Party’s leadership contest and was installed as the country’s 100th prime minister after a parliamentary vote on Monday.
The Prime Minister moved to continue the strong ties between Australia and Japan, which have been bolstered by the Quad strategic dialogue.
The pair is understood to have discussed strengthening the economic partnership between the two countries, including securing supply chains and clean energy technology such as hydrogen, while deepening defence and security ties.
Mr Morrison and Mr Kishida also addressed geopolitical concerns in the Indo-Pacific region, such rising Chinese belligerence and ambition in the East and South China Seas, and recent missile launches by North Korea.
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