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Unemployment Rise, Moody’s will Lower Japan’s Debt Rating

As the announcement of Prime Minister of Japan Naoto Kan stating that Moody’s Investors Service is considering downgrading the debt of Japan. This followed an increase in unemployment and miss prediction improvement in Japan’s manufacturing production. [Read more…]

Toyota’s sales in May 2011 Sucks

Toyota Motor Corp. and Nissan Motor Co, the two largest automobile manufacturers in Japan is leading the sales decline for the ninth time automotive sales per month. In addition to earthquakes because of March, the cessation of government subsidies were the cause of slowing auto sales. [Read more…]