Cnn business news 8 june 2019 in japan
Here are the top stories from CNN Business News on June 8, 2019, related to Japan:
Top Stories
- Japan's economy contracts for first time in over 4 years: Japan's economy shrank by 0.2% in the first quarter of 2019, marking the first contraction since 2015. The decline was attributed to a decline in exports and a slowdown in consumer spending. (Source: CNN Business)
- Toyota and Honda warn of global auto sales slump: Japanese automakers Toyota and Honda warned of a global slump in auto sales, citing declining demand in key markets such as the US and China. The companies also reported lower profits for the quarter. (Source: Reuters)
- Japan's Nikkei 225 index falls 2.5%: The Nikkei 225 index, Japan's benchmark stock market index, fell 2.5% on June 7, 2019, amid concerns over the global economy and trade tensions. (Source: CNN Business)
Business News
- Japan's retail sales decline for first time in 2 years: Japan's retail sales declined by 0.4% in May 2019, marking the first decline in two years. The decline was attributed to a decline in sales of clothing and food. (Source: Japan Times)
- Japan's unemployment rate falls to 2.4%: Japan's unemployment rate fell to 2.4% in May 2019, the lowest level in over 25 years. The decline was attributed to a strong labor market and a decline in the number of job seekers. (Source: Nikkei Asian Review)
- Japan's inflation rate remains low: Japan's inflation rate remained low in May 2019, at 0.8%, as the country struggles to achieve its 2% inflation target. The Bank of Japan has implemented various monetary policies to stimulate the economy and boost inflation. (Source: Bloomberg)
Market News
- Yen strengthens against US dollar: The Japanese yen strengthened against the US dollar on June 7, 2019, amid concerns over the global economy and trade tensions. The yen was trading at around 108.5 per dollar. (Source: CNN Business)
- Japanese government bonds fall: Japanese government bonds fell on June 7, 2019, amid concerns over the global economy and trade tensions. The yield on the 10-year Japanese government bond fell to around 0.15%. (Source: Reuters)
These are just some of the top stories from CNN Business News on June 8, 2019, related to Japan. If you're looking for more information or specific news articles, please let me know!