July 2008
Jan 02, 2009
*Special to asia!
Japanese annual inflation hit 1.2% in March, the highest in a decade. This helped trigger a huge sell-off in yen bonds in late April after the figures were released. Investors feared Japan had little immunity from price increases and its central bank might be forced to raise rates, despite a weak economy.
Lee Han Shih is the founder, publisher and editor of asia! Magazine.
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