Mizuho, Japanese Banks May Add Provisions as Bad Loans Rise, Fitch Says Feb 24, 2010
The GDP deflator tumbled 3 percent, the biggest drop since record-keeping began in 1955, according to the same report. The economy has yet to fully recover so demand for funds remains weak and banks are struggling to boost lending, Fitchs Horiuchi said. (Bloomberg -- Japan)
Japan's manufacturing mood picks up Feb 17, 2010
A record 3 per cent annual fall in the GDP deflator, a broad gauge of price trends, underscored the view that the gap between supply and demand was pushing Japan deeper into deflation. The BOJ remains ready to ease policy again in the future if market shocks such as a sharp rise in the yen or a heavy tumble in Tokyo shares threaten a fragile economic recovery. (Sydney Morning Herald -- Business)
* Japan finance chief wants 1% inflation Feb 17, 2010
However, markets focused on the record 3 percent annual fall in the GDP deflator as a sign that the gap between supply and demand was pushing Japan deeper into deflation. Deflation] is unlikely to result in immediate easing, but it will keep up the pressure on the Bank of Japan to continue with an easy monetary policy, said Takafumi Yamawaki, a senior rates strategist at BNP Paribas Securities. (Taipei Times, Taiwan -- Sports)
Japans Q4 growth better than expected Feb 16, 2010
Markets focused on the record 3% annual fall in the GDP deflator as a sign that the large gap between supply and demand was pushing Japan deeper into deflation. Japanese government bond futures hit a two-week high after the data. (The Star Online, Malaysia -- Business)
Japan's Economy Grows Faster-Than-Estimated 4.6% on Asian Export Revival Feb 16, 2010
The GDP deflator, the broadest measure of prices in the economy, fell a record 3 percent ... The GDP deflators year-on-year was the biggest since records began in 1955. (Bloomberg -- Latin America)
Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Bolivia Jan 22, 2010
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