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**Tokyo Stock Market Crashing Pretty Badly (down -946) and Yen SOARING against US Dollar**
Japanese live news sources | 10 October 2008 | AmericanInTokyo (with Japanese TV news sources)

Posted on 10/09/2008 5:48:37 PM PDT by AmericanInTokyo

10% of market is now lost. Struggling. 8:45 p.m. Eastern USA, 9:45 a.m. Friday Tokyo



TOPICS: Breaking News; Business/Economy; Foreign Affairs; Japan; News/Current Events
KEYWORDS: asia; economy; globaleconomy; japan; nikkei; subprime; wipeout
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lowest in 5 years, 4 months.
1 posted on 10/09/2008 5:48:37 PM PDT by AmericanInTokyo
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To: AmericanInTokyo

old data.

It is now 11%!!!


2 posted on 10/09/2008 5:49:14 PM PDT by maccaca (puma)
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To: AmericanInTokyo

Youch!


3 posted on 10/09/2008 5:50:02 PM PDT by umgud (In a crisis, dump gold, buy lead)
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To: maccaca

beebers!


4 posted on 10/09/2008 5:50:05 PM PDT by BurbankKarl
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To: AmericanInTokyo
Now seesawing a little, market is at 8300.87 points.

Yen has soared to 97 Yen to the dollar. Sheesh it was something like 105 Yen to the Dollar just over a week or two ago. Amazing shifts going on right now folks.

5 posted on 10/09/2008 5:50:17 PM PDT by AmericanInTokyo (Silver Lining to McCain's Defeat: We can, at once, seize the GOP from RINO leadership & clean house.)
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To: AmericanInTokyo

Could any of this be because of Obama’s position in the polls?


6 posted on 10/09/2008 5:50:29 PM PDT by Hanna548
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To: AmericanInTokyo

Is there a circuit-breaker to halt trading?


7 posted on 10/09/2008 5:51:42 PM PDT by Momaw Nadon ("...with the ultimate goal of ending tyranny in our world.")
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To: maccaca

no “old data”, but maybe two minutes off of what you have. this is a human word processing here. it takes some time to read the charts in Japanese real time, translate it in my head, and then post it up on FR, double check the facts to make sure it is not erroneous. that is about as fast as your gonna git it.


8 posted on 10/09/2008 5:52:24 PM PDT by AmericanInTokyo (Silver Lining to McCain's Defeat: We can, at once, seize the GOP from RINO leadership & clean house.)
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To: AmericanInTokyo

Fast, auto-updating Nikkei 225:

http://finance.yahoo.com/q?s=^N225


9 posted on 10/09/2008 5:52:37 PM PDT by Petronski (Please pray for the success of McCain and Palin. Every day, whenever you pray.)
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To: Hanna548; All

Could be due to recent things happening with North Korea and US shipping weapons to FREE CHINA.


10 posted on 10/09/2008 5:53:32 PM PDT by Mr. Jazzy (USMC- Guarding freedom around the world since 1775)
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To: AmericanInTokyo

It’s like a worldwide rolling nightmare.


11 posted on 10/09/2008 5:53:37 PM PDT by jpl (Does anybody have seven hundred billion dollars I can borrow?)
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To: Hanna548

NO and I wish FReepers would quit thinking that it was.

IGNORANT.


12 posted on 10/09/2008 5:54:08 PM PDT by Boiling Pots (Wright, Ayers, Alinsky, ACORN and Odinga - Attack!!)
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To: AmericanInTokyo

Thursday, October 09, 2008

Japan Machine Orders Fall For A Third Consecutive Month

Well, while most of the attention out there is justifiably focused on the dramatic events of recent days in the financial markets, the real economy is where the impact of what is happening all ends up, and news on this from in Japan continues to be pretty bleak.

Today we learnt that a key barometer of corporate capital spending in Japan plunged in August to its lowest level in more than five years, as business investment retreated sharply amid fears of a broader global slowdown.

Core private sector machinery orders, which exclude often-volatile orders from electric power firms and shipbuilders, fell 14.5 percent from the previous month to 891.7 billion yen ($8.9 billion) — the lowest value since April 2003.

The result marked the third straight month of declines and was far worse than the 3.3 percent drop forecast by Kyodo news agency.

The figures, considered an important gauge of business investment in the future, add to concerns that the sluggish exports performance in recent months is plunging the world's second-largest economy back into what looks to be a pretty nasty recession.
http://japanjapan.blogspot.com/

13 posted on 10/09/2008 5:54:38 PM PDT by BGHater (The GOP, the new DNC.)
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To: Momaw Nadon
breaker may kick in, lets see.

Now Nikkei is 8257.29 at 8:54 p.m. Eastern, 9:53 a.m. local Tokyo.

14 posted on 10/09/2008 5:54:38 PM PDT by AmericanInTokyo (Silver Lining to McCain's Defeat: We can, at once, seize the GOP from RINO leadership & clean house.)
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To: AmericanInTokyo; BurbankKarl

DON’T LOOK DOWN!!!...:0/


15 posted on 10/09/2008 5:54:52 PM PDT by 1COUNTER-MORTER-68 (THROWING ANOTHER BULLET-RIDDLED TV IN THE PILE OUT BACK~~~~~)
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To: Boiling Pots

I didn’t say I thought it was. Thats why I asked the question. I am just trying to learn, thats all. Then perhaps I won’t be ignorant:)


16 posted on 10/09/2008 5:55:48 PM PDT by Hanna548
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To: Petronski

Helpful, but that stuff in English is nearly 20 minutes behind real time.


17 posted on 10/09/2008 5:56:11 PM PDT by AmericanInTokyo (Silver Lining to McCain's Defeat: We can, at once, seize the GOP from RINO leadership & clean house.)
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To: Hanna548

Fear of Obama! The Ceo’s know he will ruin the already bad situation.


18 posted on 10/09/2008 5:57:03 PM PDT by omega4179 (Capitalism 2008!)
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To: jpl
It’s like a worldwide rolling nightmare.

it is a worldwide rolling nightmare.

19 posted on 10/09/2008 5:57:38 PM PDT by NeoCaveman (Who is the real Barack Obama?)
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To: Boiling Pots; Hanna548; Brad's Gramma; Allegra; MeekOneGOP
IGNORANT.

Describing yourself, Pots?

Boiling Pots
Since Sep 9, 2008

20 posted on 10/09/2008 5:58:19 PM PDT by fanfan (SCC:Canadians have constitutional protection to all opinions, as long as they are based on the facts)
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