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Japan trade surplus improves

Japan’s balance of trade improved significantly in June on an annualised basis, although both imports and exports remain sharply down.

Provisional figures from Japan’s ministry of finance show the country saw its trade surplus rise to ¥508 billion (£3.25 billion), up from ¥300 billion last month. Another positive sign was that the month saw an increase in exports and imports after a softening in both last month.

Despite the glimmers of hope, exports remain 35.7% lower than in June 2008 with imports down 41.9% from 12 months ago.

Related Articles:
Japanese bonds outperform treasuries
Japanese trade flows nosedive in first quarter


Jobs lost in Clerical merger with Widows

Lloyds Banking Group is set to cut another 1,200 jobs at the start of 2010, partly due to the merger of Clerical Medical into Scottish Widows.

Rally not sustainable says OPM

OPM Fund Management is taking a cautious view of the markets and expects to lock in some profits because it does not think the current market rally is sustainable.

What exactly is product innovation?

By Fiona Tait, Pensions Specialist Ros Altmann reportedly hoped for more product innovation following pension freedom¹ and, according to one poll, 66 per cent of advisers also believe that providers should be doing more². This article considers whether there is a real client need for new products, or whether we should be focusing our attention on efficient delivery […]


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