JAPAN’S CPI DROPPED 0.1% IN APRIL OVER MOBILE PHONE FEES

Highlights –

• Japan’s CPI dropped 0.1% in April over mobile phone fees.
• Bank of Japan struggled to accelerate inflation toward its elusive 2 percent goal.
• In April, mobile phone fees tumbled 26.5 percent from a year earlier.
...

JAPAN’S TRAVEL BALANCE FELL BY 89.2% IN FY 2020

Highlights –

• Japan’s travel balance fell by 89.2% in FY 2020.
• Japan’s travel surplus in 2020 fell 3.8% to 18.20 trillion yen from a year earlier.
• The service trade deficit stood at 3.73 trillion yen.
• Japan poste...

JAPAN’S CPI FELL BY 0.1% IN MARCH OVER LOWER ENERGY PRICES

Highlights –

• Japan’s CPI fell by 0.1% in March over lower energy prices.
• The core CPI in February was down 0.4 percent.
• In the reporting month, electricity prices fell by 4.8 percent.
• Gasoline prices in March turned p...

S. KOREA’S EXPORTS IN MARCH ROSE 16.6 PERCENT TO $53.8 BILLION

Highlights –

• S. Korea’s exports in March rose 16.6 percent to $53.8 billion.
• Rising demand for chips and autos led to gains in exports.
• The country’s imports also rose 18.8 percent to $4.17 billion.
• Exports of a...

JAPAN’S CPI FALLS BY 0.4 PERCENT IN FEBRUARY 2021

Highlights-

• Japan’s CPI falls by 0.4 percent in February 2021.
• Nationwide core consumer prices declined 0.6 percent in January.
• Electricity and gas bills sagged 7.8 percent and 6.2 percent in February 2021.
• Gasoline prices ...

JAPAN REPORTS A SLIGHT RISE IN EXPORTS FOR THE MONTH OF OCTOBER

Highlights –

• Japan reports a slight rise in exports for the month of October.
• In September, the declining pace of exports slowed from 4.9%.
• Exports to Asia as a whole rose 4.4 percent to 3.69 trillion yen.
• Imports, however,...

FALL IN CRUDE OIL PRICES RESULTED IN RIL SHARES SLUMP TO 52-WEEK LOW

Highlights:

• RIL share fell to 9% which is marked as the 52-week low.
• The crude oil prices slumped after a price war between Russia and Saudi Arabia.
• Oil prices are down by around 50 percent from its high in January.

On Thu...

EURO, YEN REACHES HIGH AS CRUDE OIL PRICES SLUMP

Highlights:

• Japanese yen is at a three-year high against the greenback.
• Euro remains at a two-year high while others suffer.
• Global currencies are under the pressure of fear of recession.

Monday trading market has not prov...

RIL SHARES TUMBLED TO 11 YEAR LOW

Highlights:

• TCS overtook RIL and became the number 1 m-cap.
• Crude oil prices were recorded as the lowest since February 2016.
• RIL shares tumble as crude oil prices slump by 31 percent.

Reliance Industrial Limited (RIL) sha...

RUPEE FELL BY 25 PAISE AGAINST US DOLLAR

On Friday, the rupee saw a rise of 25 paise. The Indian currency opened at 71.62 against the US dollar. This came after the rise in crude oil prices.

Brent crude oil Futures, on Friday, enter the market with a rise of $3. This was recorded as the highest jump since September 2019 after ...