
The U.S. market close the previous day was continuous and positive, the Nikkei average was slightly higher, but after the opening 20 minutes to put a ceiling on the downside, a little back just before the close 7924.24 yen (Change Yen -79.86, -1.00 percent) to quit. 見SE付KETA remains a weakness in the Japanese market.
Just five days in line with today's highs, the real price charts are straightforward. This sentiment, he went forward to take in the fine might be better. This much is the option price and the MAMANARANAI SURIPPEJI is in the range of prices to get even.
Now and again, 25, line 5, 2007 lines and has spread wide. Of the yen exchange rate is still high and the pressure under the direction of the atmosphere has increased gradually. But as long as the pension止MANAI buying unilaterally will not fall, so in anticipation that the market is expected to get moving.
News Pickup
Information BOX: The summary of GM's restructuring plan - REUTERS
To avoid bankruptcy by the end of the 12 loans of 40 billion dollars needed until March 31, 2009 requires 12 billion dollars. Repayment to begin in 2011.
The legislation by the Department of Energy for environment-friendly car production and 36 billion dollars in loans pending. Fuel-efficient car factory for the production for the second application for renewal.
Trust Fund for retiree medical insurance related to the Autoworkers (UAW) to 210 billion dollars including debt, GM's total debt is 656 billion dollars. 356 billion dollars for debt reduction, and immediately start negotiations on holding bonds. The government has received financing from the dividend during the suspension.
Industry-wide auto sales in the U.S. -1300 million and 12.5 million still to be balance and balance of payments, to reduce costs.
U.S. market share of nearly 22 percent in the premise of maintaining.
Basic scenario, 12 million units in 2009, the 10-year 13.5 million units, 14.5 million units 11 years, assuming 12 years and 15 million units.
Downturn scenario, 10.5 million units in 2009, 11.5 million units 10 years, 11 years 12 million, assuming 12 years, and 1280 million units.
In addition to Hummer, Pontiac, Saab and Saturn brand and reduce the sale of businesses. Now account for 83 percent of sales CHEBI, Cadillac, Buick, GMC brand of refinement.
6450 to present a dealer in 2008 to 12 years, refinements in 4700.
Closure of nine plants by 2012, the current plant in North America decreased to 47-38.
In 2008 of 96,000 jobs in the United States to scale up to 12 years in 5000 to 60,000 million reduction 5000-7.
Production cost of 81 billion in 2008 to 12-year reduction of 45 billion dollars. "Structural" Ordinary 303 of the cost billion in 2008 to 232 billion dollars, a 12-year reduction.
Per hour by 2012 the cost of labor to a level comparable to Toyota.
Motor vehicles to replace internal combustion engines, electric vehicles continue to invest.
Halve the number of brands, dealers fell 27 percent, 19 percent decline in the number of factory employees fell 27 percent. This level of cost will be the same as Toyota and it probably will not. A downward revision of 1 trillion yen, Toyota is also aiming to further reduce costs (many of the toll I'll go out). U.S. new vehicle sales of 16.5 million units in 2006, 16 million units in 2007 (estimated in 2008 to find yet) was 1,200 million units with a view to a certain extent, be tough. 22% market share is important to maintain the premises. Conversely regain market share as soon as possible so that it will rebound to.
The U.S. administration, and the rest of the financial stabilization process of congressional approval of the request for public funds in the study - REUTERS
U.S. Treasury Secretary Henry Paulson, the rest of the financial stabilization process the input of 35 billion dollars to seek congressional approval for the study and the transition team of President Obama to the next percussion. The House's leading Republican lawmakers have expressed opposition, and the remaining billion dollars in 3500 to consult Congress for approval before the non-performing assets Relief Program (TARP) provides more detailed information is asked to. 3500 billion dollars in public funds the rest of the president's request in writing input would be possible. To prevent this, both houses of Congress must pass a joint resolution.
That, 2500 Free 100,000,000 dollars, 100 billion dollars approved by the President, 3500 100,000,000 dollars must be approved by Congress, did not? President of millions of dollars in the last 35 at the request of ITSUNO間NI almost OK to have been changed ... Well, another 80 are billions of dollars from a long run, really, "now". 1500 billion dollars (150 trillion yen weakness) is the amount is not outrageous at all. Substantial erosion in inflation is only at that. If only 5 percent inflation rate, if paid, 20 years later, approximately 1 / 3, a whopping 10 percent of about 1 / 8, I will. 刷っfact that so much is that the dollar, the dollar also fell far off the day shift,?
FRB, by buying government bonds also help to stimulate the economy - REUTERS
Obama is the next U.S. president and U.S. Congress are planning for an economic stimulus package to buyers of government bonds, FRB has emerged. Bernanke, "FRB-scale equivalent of a public market in the long-term purchases of government bonds and bonds with institutions," he said, "This technique such an impact on bond yields, the total is likely to stimulate demand," . Usually, when such action is likely to lead to inflation. However, FRB a significant amount of supply of liquidity in the financial system, even though the lending bank to take a negative attitude.
Oops has been banned in hand. Japan's economic slump of 2003 may be made at the time. I think it's time "stock" may be near the bottom.
The November ISM non-manufacturing composite index is updated at least the past two months in a row - REUTERS
Non-manufacturing statistics, the Composite Index (MNI) to 37.3 from 44.4 in October, and fall further. 50 fork and will continue to interrupt, 71 economists polled by Reuters and The median forecast of 42.0 percent. All the main item was the lowest level in the past.
Uncertainty has accelerated. ISM non-manufacturing index is calculated by the value of a questionnaire for the decline in itself is no less important, but still lost the state of economic activity continues to represent the poor remain frozen.
Add England 100bp rate cut by the central bank, policy interest rates to their lowest level since 1951 - REUTERS
ECB, lowered key interest rates 75bp to 2.50% - REUTERS
Followed by rate cuts so far, the reaction in the stock price has become thin. The European market for temporary activities, but it is down to the end. This should end without a rate cut in the yen is still the future.
Without changes in the global economy to maintain stability of RMB = China's Commerce Minister - REUTERS
Chinese Minister of Commerce Chen Ming Tak this week about the movement of the yuan, rise in the dollar has been quite a fall for the former are not the normal movement said. No major changes in the global economy as long as the policy to maintain the stability of the yuan. What major changes did not say whether cases.
The yuan currency is managed, it clearly is the difference between implicit and that the authorities will not know与RI. An obvious lie is a shame that without surgery, and from Japanese culture is totally incompatible behavior. Once here, "virtue" and the word is not the place of birth, and feel downright FUSHIGI. Or "virtue" of the product and ask too much of it was?
Sanyo acquired by Panasonic, Goldman denied that the sale - REUTERS
Daiwa, Sumitomo Mitsui Banking Corp. and Panasonic SMBC, Goldman Sachs one of the major shareholders for the acquisition price of 130 yen a share offer. Daiwa SMBC and Sumitomo Mitsui Bank to consider a positive direction, but the low price as Goldman Sachs refused to comment on the sale. Goldman, "This proposal is unacceptable. Destination, including the exercise of purchase rights for future consideration," he said of the comments. Goldman Sachs, Sumitomo Mitsui Bank and other shareholders to sell stock to a third party if the priority is to have the right to買I受KERU.
Year lows of 110 yen overshoot on the basis of doing? At least higher than the current market price of your presentation. GS will be presented to the 250 yen, the yen and 120 yen → 130感JINA even be room for negotiation. But "the right to buy" and asked the first. 安KATTARA than market price, the exercise would suddenly get a large unrealized gains.