Pacific Ocean, travel, Hawaii, Kauai,
Pacific Ocean, travel, Hawaii, Kauai,

Pacific Tribune

Gathering Art and Lifestyle News about Issues for the Pacific Basin
December 13th, 2007

Business sentiment slumps on rising yen

asahi.com : Business sentiment slumps on rising yen – ENGLISH

The U.S. subprime loan crisis, the rising yen and soaring oil and material prices led to the first decline in three quarter of business confidence among leading manufacturers, the Bank of Japan’s Tankan survey showed.The survey released Friday for the quarter through December showed that the diffusion index for large manufacturers, a key indicator to gauge business confidence among Japanese companies, fell by 4 points to 19 from the previous quarter.

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Posted in business, currency, financial crisis, real estate bubble |

This entry was posted on Thursday, December 13th, 2007 at 10:28 pm and is filed under business, currency, financial crisis, real estate bubble. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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