Japan announced its trade data for August, and its export level to the European Union collapsed by 28% from the same month last year. If the data is any indication of Europe’s shrinking demand, the export problems of the United…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Japan announced its trade data for August, and its export level to the European Union collapsed by 28% from the same month last year. If the data is any indication of Europe’s shrinking demand, the export problems of the United States and China almost certainly have worsened. The Financial Times reports:
For now, the world’s third-biggest economy cannot rely on earning its money back through exports. The provisional data from the ministry of finance showed that in August shipments to western Europe by 28 per cent from a year earlier, thanks to big falls in exports to Germany (18 per cent) and the UK (42 per cent). Exports to China, meanwhile, posted their third successive decline. August’s 10 per cent fall was only slightly better than a 12 per cent slump in July.
Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.
Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community.
Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.
Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, moderating workshop sessions at regional conventions.
Nike Buys Back Shares Nike Inc. (NYSE: NKE) became the latest company to return money to shareholders as the economy falters. It joins a raft of firms from AOL Inc. (NYSE: AOL) to Microsoft…
China was supposed to be falling apart. Inflation was more than 10%. Labor costs were rising rapidly. The central government jacked up gas and diesel prices. The apocalypse was just around the corner. What…
The global arms race is on again, based on a measure of arms trade over the past five years, compared to any similarly measured period since the Cold War.
The Vanguard S&P 500 ETF (NYSEMKT: VOO) is coming under pressure this morning as trade tensions between the U.S. and China boil over with rare earths. Just days ago, China expanded its rare earth…
It is hard to imagine how a hot company like BYD could suffer an extraordinary drop in sales. However, in February, it happened. According to the FT. “The world’s biggest electric vehicle maker reported…
ThinkstockThe Stockholm International Peace Research Institute research on arms imports and exports of weapons remains the gold standard in this sort of measurement. The top line news from its new Trends in International Arms Sales…
U.S. gasoline prices rose again last week as demand remains unusually strong for this time of year. Coupled with rising exports, prices could remain elevated through the end of the year.
The Stockholm International Peace Research Institute issued its report on arms imports and export trends from 2007 to 2011. The agency writes The volume of international transfers of major conventional weapons was 24 per…