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By Claudia Blume Hong Kong 12 May 2008 A strong yen and a slow U.S. auto market are to blame for Japanese automaker Toyota's profit drop in the first quarter, and Malaysia's Maybank will buy a stake in a Pakistani lender. Claudia Blume has more on th
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Disasters, Strong Yen Dissuade Tourists from Visiting Japan Japan's tourism industry has been knocked into a deep recession. Foreign tourists, who normally contribute about $16 billion annually to the economy, canceled planned visits after the March
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Japan's government and the country's central bank took action Thursday to dilute the yen. The Japanese currencys strong standing against the dollar is making exports more expensive, hurting efforts to revive the country's moribund economy. After many
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Residents in major economies such as the US and Japan have been enjoying ultra low interest rates for a long time. People in Japan are even seeing negative rates. Take a look at how people in those countries are planning their personal finances in su
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