Monday, March 28, 2011

Quick Overview

  • All Japanese ports affected by the devastating earthquake and tsunami that hit the northeastern part of the country on March 11 have now reopened, according to the Ministry of Land, Infrastructure, Transport and Tourism.
  • (Bloomberg) -- Japan’s ruling party is considering abandoning a proposed corporate-tax cut and boosting levies on individuals to help pay for earthquake reconstruction and reduce the need to step up bond sales.


  • U.S personal income rose 0.3% in February
  • U.S personal consumption expenditures rose by 0.7%
  • The average American family's household net worth declined 23% between 2007 and 2009, the Federal Reserve said.
  • The National Association of Realtors reported that its pending home sales index rose 2.1% in February, but down 8.2 YoY.

  • South Korea's business sentiment plunged to 99.3 in April from 113.5 the previous month.

  • China's mobile phone operators added 19.83 million new subscribers in the first two months of this year, bringing the number of the country's cell phone users to 878.83 million.

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