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Category: The Economy (page 1 of 3)

A sharp downturn in business investment and global demand for Japan’s exports in late 2008 pushed Japan further into a recession. Japan’s huge government debt, which totals 170% of GDP, and the aging of the population are two major long-run problems.{rss items=”5″}http://www.bing.com/news/search?q=%22Japanese+economy%22+news&go=&form=QBNR&format=rss{/rss}

Transportation in Japan

Number of Japanese Airports: 175 (2008)
country comparison to the world: 35
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Number on Japanese Phones and Internet Users

Telephones – main lines in use: 51.232 million (2007)
country comparison to the world: 5

Telephones – mobile cellular: 107.339 million (2007)
country comparison to the world: 7

Telephone system: excellent domestic and international service
domestic: high level of modern technology and excellent service of every kind

International: country code – 81

Numerous submarine cables provide links throughout Asia, Australia, the Middle East, Europe, and US

Satellite earth stations – 5 Intelsat (4 Pacific Ocean and 1 Indian Ocean), 1 Intersputnik (Indian Ocean region), and 1 Inmarsat (Pacific and Indian Ocean regions

Radio broadcast stations: AM 215 (plus 370 repeaters), FM 89 (plus 485 repeaters), shortwave 21 (2001)

Television broadcast stations: 211 (plus 7,341 repeaters)
In addition, US Forces are served by 3 TV stations and 2 TV cable services (1999)

Internet country code: .jp
Internet hosts:   39.909 million (2008)
country comparison to the world: 2

Internet users: 88.11 million (2007)
country comparison to the world: 4 {rss items=”7″}http://www.bing.com/news/search?q=%22internet+users%22+Japanese+&go=&form=QBNR&format=rss{/rss}

Nichigin: The Bank of Japan

The Bank of Japan (日本銀行, Nippon Ginkō) is the central bank of Japan. It is called Nichigin (日銀) for short.

Headquarters: Tokyo, Japan
Established in 1882
Bank Governor: Shirakawa Masaaki 白川方明 since April 2008
Base borrowing rate: 0.30%

"Bank of Japan" Japanese - BingNews

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ECB | Japanese yen (JPY) – Euro Foreign Exchange Rates

The European Central Bank (ECB) is responsible for monetary policy covering the 16 member States of the Eurozone. It was established by the European Union (EU) in 1998 with its headquarters in Frankfurt, Germany.
{rss items=”2″}http://www.ecb.int/rss/fxref-jpy.html{/rss}The Bank of Japan (日本銀行, Nippon Ginkō) is the central bank of Japan. The Bank is called Nichigin (日銀) for short.{rss items=”7″}http://www.bing.com/news/search?q=%22Bank+of+Japan%22+Japanese+&go=&form=QBNR&format=rss{/rss}

Japanese Foreign Reserves and External Debt

Japan’s reserves of foreign exchange and gold:

$954.1 billion (31 December 2007 estimate)
country comparison to the world: 2

Japan’s External Debt:   

$1.492 trillion (30 June 2007)
country comparison to the world: 8

Stock of direct foreign investment – at home:
$139.7 billion (2008 estimate)
country comparison to the world: 24

Stock of direct foreign investment – abroad:
$597 billion (2008 estimate)
country comparison to the world: 9

Japanese Yen – US Dollar Exchange Rates:

yen (JPY) per US dollar – 103.58 (2008 estimate), 117.99 (2007), 116.18 (2006), 110.22 (2005), 108.19 (2004)

As of July 2009, 1 U.S. dollar = 94.27 Japanese yen.
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