Japanese Ministry of Finance trade statistics released on Wednesday the quick report showed Japan's August exports rose 2.8%, first increase since the March 11 earthquake, but the energy import growth, leading to the August trade deficit of 775.3 billion days million. Although the Japanese economy shows signs of recovery, but the August trade deficit hit a new high of 32 years, and three slightly wounded a trade deficit and Japan's July trade surplus was 72.5 billion yen. The data show that Japan's exports in August rose 2.8 percent to 5.36 trillion yen; imports increased by 19.2 percent to 6.13 trillion yen, 20 consecutive monthly rise. The report shows that Japan's exports growth was mainly driven by the automobile, shipbuilding and steel imported goods, crude oil imports rose 39.9 percent in August World Pipe network informed, and liquefied natural gas imports increased by 55.7%. August trade surplus with the U.S. growth of 299.7 billion yen to 228.3 billion yen trade deficit with China.
"Financial Times": UK public sector debt reached a record 15.9 billion pounds
today nationwide local businesses offer summary
Washington Post: Fed to buy long-term bonds to reduce interest rates
British National Bureau of Statistics data, public sector net borrowing reached a record 15.9 billion pounds in August, much higher than the £ 13 billion before the market is expected. The relevant data in the same period last year to 5.9 billion pounds, of which £ 4 billion for local government spending. If the local government in the 2010-11 cash reserves, so that they can with tightening of the 2011-12 central government money available, which resulted in the UK public sector borrowing data has shrunk last year, but this year appears expansion. An economist at Nomura Securities, said Rush, because of this, public borrowings and budget Accountability Office predict the match. Further gloomy economic forecast, the borrowing needs of the entire fiscal year will continue to increase.
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"The Guardian": Tesco plans to start a price war retail before Christmas break, the stock market hit
For Tesco will next week set off a price war fear it small competitors stock price declines. Allegedly follow the hundreds of products and prices online store, Tesco, Ocado was the biggest blow to the stock closed down more than 11%, retailers, Sainsbury and Morrison also declined. Britain's largest supermarket operators, Tesco is preparing for a large-scale promotional activities, suppliers that Tesco is planning to each lecture entitled "cheap" before the key Christmas holiday promotions war, and analysts believe that the supermarket industry profits will collapse, "If Tesco really decided to act. Tesco's performance in recent years has been the threat of small competitors, although it is leading in size.
"Japan Times" Japan's August trade deficit record 32 years
U.S. Federal Reserve Board on Wednesday announced the adjustment of their own portfolio of government bonds in order to further reduce long-term interest rates. This is made by the Federal Reserve to rescue the faltering economy and the latest regulatory action. In anticipation of the substantial downside risks to the U.S. economy, the Fed said that from now until June 12 next year to buy $ 400 billion in long-term U.S. government bonds, so should be able to reduce long-term interest rates, so that people in mortgage loans and long-term investment in slightly easy. This before the array with the newly printed money to buy government bonds quantitative easing policy, the Federal Reserve buy long-term government bonds, will sell due $ 400 billion national debt in less than three years.
the Federal Reserve on Wednesday announced a new plan to stimulate growth and sell such shorter period as government bonds, buying $ 400 billion of longer-term treasury bonds, thus extending the overall deadline of the assets of government bonds held by. The Fed said that there are strong indications that the U.S. economy needs help, the agency said in a statement released Wednesday: "The growth is still slow. Recent data point to the overall labor market conditions continue to weaken and the unemployment rate is still high. Household spending in recent months has been weak rhythm of growth. "The Fed said in a statement, the purpose of this program is to reduce the cost of borrowing for businesses and consumers, including the cost of mortgages. The organization hopes that the low interest rates to encourage enterprises to build new factories and hire more workers, consumers home, car, clothing, and holiday spending begins to increase again.
president of
India's largest car manufacturer Malu Di Suzuki, Bhargava said that the company's profits will be Mani Saar factory in northern India, Haryana continued to strike, the company does not exclude the right to participate in the violent siege of management and hinder the production staff to make leniency. The strike began August 29, seriously affecting the production of the Malu Di Suzuki's Swift models, resulting in a large backlog of orders. This plant is currently using a temporary production plan, backlog of orders reached 80,000. Maruti Suzuki companies had laid off some employees, and other workers to sign a "well-behaved Treaty agreement, but most of the workers expressed their opposition.
"Daily Telegraph": the United Kingdom tax gap last year accounted for 7.9% of GDP
UK Treasury full-year loss of 35 billion pounds of tax, the figures are 7.9% of income. This loss is called "tax gap" is the difference between the amount of tax payable and the actual total charge amount. Last year's 7.9% figure is smaller than the figure of 8.1% in the year before, but critics say this figure is still too high. The British ruling coalition promised to simplify the system and to combat tax evasion, making taxation more efficient. Last year, the British Chancellor of the Exchequer Osborne to HM Revenue & Customs to provide 917 million funding to combat the tax gap, and plans revenue increased by 7 billion pounds in 2014/15 years ago. However, the Secretary of the Chancellor of the Exchequer David Gauke think, despite HMRC had some success in combating tax evasion, close tax loopholes, but the fight against tax evasion, a long way to go, the challenge of the tax gap will still exist for a long.
New York Times: the Fed announced the purchase of long-term bonds of $ 400,000,000,000
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U.S. National Association of Realtors on Wednesday reported that an increase of 7.7 percent in August, U.S. existing home sales were 5.03 million units, excluding seasonal factors, less than economists think that the healthy real estate market should 6 million sets. The existence of risk of foreclosures housing accounted for 31% of sales last month, the ratio is higher than 29% in July. These houses have a lot of buyers are investors. The same time, the trading activities of the 一手房 buyers did not change much, 32 percent of total sales, unchanged from July. Under normal circumstances, 一手房 buyers should account for half of existing home sales. The report shows that the various regions of the United States in August existing home sales improved, but the northeast Yin Yilin Hurricane restricted. The report also showed that U.S. existing home median sales price in August for $ 168,300, down 5.1%.
"The Times of India" Malu Di Suzuki dropped due to strikes profits
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"USA Today": The U World steel pipe network editing .S. August existing home sales ring was an increase of 7.7 percent to 5.03 million units