May 09, 2015
Japanese Customer News May 9th 2015
● “Japan’s central bank is set to move its inflation forecast for the 2015 fiscal year down several tenths of a percentage point from the current 1 per cent and shave its growth forecast from the current 2.1 per cent, even as its quantitative easing program buys Y80 trillion yen worth of bonds each month”
Source: Japan set to cut inflation forecast, by Robin Harding, Financial Times, Australian Financial Review, April 28th, 2015, page 22.
● “The yen which has tumbled about 28 per cent since the end of 2012, has propelled the earnings for companies from Toyota Motor to Mitsubishi Electric”
Source: BOJ refrains from added stimulus, by Toru Fujioka and Masahiro Hidaka, Bloomberg, Australian Financial Review, Friday May 1st, 2015, page 31.
● “Australia’s notoriously slow and expensive internet is now hurting “all aspects of business, government and the community”
Source: Digital Innovation rate too slow, by Noel Towell, The AGE Newspaper, Monday 4th May, 2015, page 9.
● “A Tokyo hotel is offering women a special room to cry in. The rooms in Mitsui Garden Yotsuhai hotel, come with a selection of tear-jerker movies and luxury tissues. A hotel spokesperson says the $100 rooms are designed so female guests can “cry heartily in comfort “ because crying helps people combat stress”. Make-up remover and steam eye masks are also provided for post-sobbing”
Source: What the ? MX Newspaper, Melbourne, Australia, Wednesday 6th May, 2015, page 3.
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