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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.

Quake Damages Estimated in Billions

1 Groups   
Wall Street Journal - 03.21.2011 Original article ›
Alan Zibel, Alan, Zibel
LyrArc Article Gist
World Bank estimates are for the damage from Japan's earthquake and tsunami to cost $122 billion to $235 billion, or between 2.5% and 4% of Japan's GDP. By comparison the Kobe earthquake in 1995 cost $100 billion in damages. Growth will slow in the first half of 2011 by 0.5 percentage points, but it will accelerate in the second half of 2011. Growth will also slow in countries such as Thailand, Indonesia and Philippines which export to Japan.
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Japan Auto Makers on a Roll

2 Links 27 Groups   
Wall Street Journal - 04.22.2012 Original article ›
Yoshio Takahashi, Yoshio, Takahashi, Chester Dawson, Chester, Dawson
LyrArc Article Gist
Improving performance of Toyota, Nissan and Honda in the U.S., Japan and emerging markets. Japanese automakers report higher profits in the fiscal fourth quarter. Sales for 2012 are expected to quadruple for Toyota in the 2012 fiscal year compared to fiscal 2011, according to analyst estimates. Part of the recovery is from weakening of the yen from 75 to the U.S. dollar in October 2011 to 81 in the March-April 2012 period. Profit margins are expected to improve for Toyota from 1.5% to 5.1% for Toyota, 5.4% to 7% for Nissan and 2.5% to 6.8% for Honda.
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