Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Japan to unveil yen-mitigation package: report

The Japanese government launched a series of measures aimed at buffer to domestic economy continue to high, the influence of the yen, according to a report.
Package may include the subsidies to the enterprise, the establishment of the facilities in Japan, and help Japanese companies hoping to in foreign energy project shares, kyodo news agency quoted on condition of anonymity, said.
The strength of the Japanese currency in August, a record high against the us, has set up a file in the post-war walloped the export-oriented companies face a heavy reliance on exports country.
A GaoRiYuan, make the Japanese products overseas buyers of expensive, weaken the repatriation profit value. But it also enables foreign purchasing more hope to expand overseas company appeal.
Last week, in his first policy speech, prime minister Yoshihiko Noda minister, said the unit of the rise of mean that Japan is facing "unprecedented industry KongDongHua crisis".
He warned that unless something is done "domestic industry can down the mountain and employment opportunities, may be lost, if this occurs, it will be almost impossible to get rid of deflation and reconstruction" area, 3 November, the earthquake and tsunami that influence.
The yen soaring over recent months in Europe and the United States economic uncertainty continue to send to hedge currencies rampant global trade business value.
Although three markets, in the past year, two of them are from Tokyo separately intervention, the yen remains strong.
On Tuesday, the unit market price 76.56 yen to the dollar.
Kyodo news agency said the measures will be planned extra budget, this will also help pay for march disaster damage area reconstruction provide the funds.




Other News:
Japan to unveil yen-mitigation package: report
Man with gun report creates panic at Tucson base
2nd home invasion trial begins in Connecticut
Gender equality boosts development: World Bank
UBS trader ordered held over fraud allegation
News International to pay $4.7 million to settle hacking
UBS raises rogue equity trade losses to $2.3 billion
Searching for Mr. Right: Some Republicans unhappy with 2012 field