Japanese business confidence improves (AP)

TOKYO ? A key central bank survey offered a cautiously optimistic assessment of corporate Japan, where business confidence is improving even as the global economy's prospects darken.

In the Bank of Japan's quarterly "tankan" survey of business sentiment released Monday, the main index for big manufacturers climbed back into positive territory as a recovery from the March 11 earthquake and tsunami took hold. The latest reading stood at 2, up from minus 9 three months ago.

The figure represents the percentage of companies saying business conditions are good minus those saying conditions are unfavorable, with 100 representing the best mood and minus 100 the worst.

The earthquake and tsunami disrupted parts manufacturing, leading to critical shortages for industries such as automobiles and electronics. The fallout extended worldwide, with the International Monetary Fund estimating that global car production tumbled up to 30 percent in the two months after the disaster.

The economic aftershocks dragged Japan back into recession and resulted in a sharp deterioration in confidence that sent the main tankan index to its lowest level in more than a year.

But factories have put supply disruptions largely behind them now. Industrial production figures last week showed that output had nearly recovered to pre-quake levels. Exports in August rose for the first time in six months.

Monday's numbers "clearly support our view that Japan's economy continues to recover, largely due to the improvement of auto sector, even with intensified headwinds from slower global growth and yen appreciation," said Masamichi Adachi, senior economist at JPMorgan Securities Japan, in a research note.

The mood among big non-manufacturers also climbed into positive territory to 1 from minus 5 in June.

Smaller enterprises improved as well, though they weren't feeling quite as optimistic. The confidence index for medium-sized manufacturers rose to minus 3 from minus 12. The small manufacturers' index stood at minus 11 from minus 21.

The future appears less certain. Companies in the tankan gave a mixed picture of the months ahead, reflecting deepening worries about global growth, Europe's debt problems and a persistently strong yen.

The IMF last month sharply downgraded its economic outlook for the United States and Europe through the end of next year. Its chief economist described the world economy as entering a "dangerous new phase."

What happens elsewhere matters to Japan because it relies heavily on exports to drive growth. Any slowdown in overseas demand could thwart progress made since the disaster.

Exporters are also grappling with a strong yen, which surged this year to post World-War II highs against the dollar as the U.S. central bank pursued stimulus policies that contributed to a weaker greenback. When the yen climbs, it reduces the value of exporters' overseas profits when repatriated to Japan.

Officials have expressed concern that the yen's prolonged strength could lead to a hollowing out of Japanese industry. Already, companies such as Nissan Motor Co. and Panasonic Corp. have announced plans to shift more production overseas.

The survey forecasts business sentiment among large manufacturers to rise to 4 over the next quarter. Medium-sized manufacturers also expect a slight improvement. But small manufacturers and non-manufacturers predict business conditions to either stay flat or deteriorate.

The tankan, which helps guide monetary policy, showed that large companies overall plan to boost capital spending by 3 percent this fiscal year through March 2012. The figure is down from 4.2 percent in the June survey.

Large manufacturing companies assume an average exchange rate of 81.15 yen per dollar for this fiscal year compared with current rate of around 77 yen. The discrepancy could mean firms will have to revise down revenue and profits forecasts later in the year.

The Bank of Japan surveyed 10,910 companies nationwide. About 99 percent responded.

The bank's next policy board meeting is scheduled for Thursday and Friday.

___

Follow Tomoko A. Hosaka at http://twitter.com/tomokohosaka

Source: http://us.rd.yahoo.com/dailynews/rss/japan/*http%3A//news.yahoo.com/s/ap/20111003/ap_on_bi_ge/as_japan_economy

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Recent recipe comments

SOOOOOOOOOOOO SWEET. Should be listed as a dessert! Too sweet for my tastes (and my stomach, unfortunately), and the coconut adds a weird and somewhat unpleasant texture to the topping ? I'd have preferred an extra cup or two of nuts instead. I probably won't be making this again. I do have a sweet tooth, but I like interesting flavors with my sweet, and prefer things like Red Vines over chocolate and fruit sorbet over ice cream, so I guess I'm not into super rich things. This was too rich for me. However, if you're into super rich desserts, this might be for you! Also, I used canned yams ? I think if I'd used fresh, it wouldn't have been as sweet. Oh. Pet peeve. The orange ones are yams. Not sweet potatoes. Those are white. :)

Nothing special, just good roasted potatoes with a little seasoning. I used regular russet potatoes, btw, and a lot of them. It ended up taking close to two hours to cook properly but I don't know if that's because I used different potatoes or what. I also increased the amount of herbs/butter proportionate to the amount of potatoes I used, but I could barely taste anything but the butter. I'd add lemon juice to the lemon gratings in the future, and maybe some basil or rosemary. Anyways, it's the kind of bare-bones recipe you can play with, which is fun. No big complaints, and if you don't have your own roasted potato recipe this is a good enough place to start.

This was absolutely delicious. It's SUPER spicy though ? if you're new to Indian food you might want to start with something a little less hardcore. However, if you enjoy strongly spiced dishes, this is for you! I used ground cinnamon, btw, and had no problems (in case you don't want to buy stick cinnamon special). I pretty much just threw everything in the food processor for like ten seconds and cooked it up and let it simmer until my husband got home. If it does end up too spicy for your taste, try adding a cup or two of water and letting it cook off. :) Anyways, my husband isn't even into spicy dishes and he loved this too! We will definitely be having this again. FYI ? depending on your portion preference, this is probably not enough for 4 people ? we both had relatively small portions tonight (it's late) and there's only enough left over for 1 more portion. Which we totally just flipped a coin for. :p Recommend highly!

This was like... barely edible. A lot of the proportions seemed off, for starters, and then it was just like... ew. It was creamy and mushy and sicky sweet in a way potatoes should never be. We ate the thing because our food budget is tapped out for the month, but it was pretty gross. I pretty much dumped ridiculous amounts of hot pepper on it in order to be able to eat it at all. :( It was a good idea, it just didn't pan out at all. If you decide to try it, definitely use less honey and less sour cream. Or maybe no honey and no sour cream. It would be better if it were crispy and spicy. Sorry, author. :(

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Thank you Defragmeout! I'm glad you liked it! I think I'll have one myself tonight! =)

The last time I made this, we were out of tomato sauce. My boyfriend suggested using a can of Rotel instead, and it turned out very well. We were kind of "meh" about this recipe before that substitution. Now it will certainly be in our rotation of meals.

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Galaxy cluster research supports Einstein's Theory of Relativity on a cosmic level

In one small win for Einstein, one giant win for mankind, scientists at the Niels Bohr Institute have proved his General Theory of Relativity on a cosmic scale through their research of large galaxy clusters. Accordingly, the clusters -- which are the largest known gravity-bound objects -- have such a strong pull that they should cause light to "redshift," or proportionally increase in wavelength, shifting towards the red end of the visible spectrum. To test it, researchers measured beams from 8,000 clusters, revealing that they do indeed cause a change in light's wavelength, supporting Einstein's theory to a T. One good turn deserves another, right Albert? Armchair cosmologists can hop on over to the source link to learn more.

Galaxy cluster research supports Einstein's Theory of Relativity on a cosmic level originally appeared on Engadget on Fri, 30 Sep 2011 02:08:00 EDT. Please see our terms for use of feeds.

Permalink Forbes  |  Niels Bohr Institute  | Email this | Comments

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Home Base Business Growth

Home-based businesses that become successful may finish up having to leave the home finally for growth. This may be a very hard decision to make for the owner. The concept of now spending more money to grow can be frightening. One doesn?t have lots of the money sucking problems as the business owners of yesteryears. The truly long leases, enormous security deposits, restorations, and equipment costs aren?t that bad any longer.

There are several options today for the home based business owner to get cheap and flexible space with out costing too much and having to sign a long-term agreement. When you go to a business center you'll get that office with a desk but also can expect to have Internet and many other perks. So what are some of the advantages of a business office center?

* Central position in a high traffic areas

* Well furnished offices and suites

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* Complementary coffee and water

* Convenient agreements that may range all the way from 3 months to 5 years

There are top firms specializing in these office centres all over the country. Firms such as HQ World Work Place, Corporate Apartments, and SOS America offer these great services to those home run business owners so that they can broaden their horizons but not need to invest in more hardware or dismantle their home based office space. This gives the owner the choice of hiring others and still staying home if he or she so wants.

There are even some corporations that offer rental by the day or hour. Depending on what type of office space and the facilities you would like you are looking at anywhere from a couple of hundred to few thousand every month. It actually depends on the location, services, and the office size you want.

The bulk of these companies also offer virtual space as well. This is a cheap methodology of having the ability to offer a more business like atmosphere to your small office. You'd be in a position to meet clients in a space a couple of times per week rather than in your living space. This gives your business a rather more professional look with out spending tons of money on an office space. There are mail programs offered that provide you with an address so that you can receive and deliver business packages and mail. These virtual spaces also provide personal offices and meeting rooms. This will enable you to work from home essentially but meet with clients and get your mail at a business address to keep your home information private.

Programs like this start at about $70 every month, which is extremely reasonable. There are also the virtual office packages that give you the same benefits as the post programme but also give you a telephone number, voice mail, live receptionist during business hours plus call-screening, forwarding, and patching. This type of offer begins at about $190 every month and you get your firm name listed in the lobby freely. This is superb for small home business owners who need to keep their personal information personal.

Shirley Allan is actively involved in the work from home industry. While the technology used to conduct this type of business has changed enormously in that time, the beliefs behind creating and operating a successful home run business stay the same. You can learn more by going to the Work From Home Australia Opportunities business list.

Source: http://internetbasedbusinessarticles.com/67314/home-base-business-growth/?utm_source=rss&utm_medium=rss&utm_campaign=home-base-business-growth

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Enhance your Financial Management to Drive your Business ...

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Posted in: Accounting Software, Choosing a VAR/Partner, Dynamics GP 2010, Financial Management, Fundraising, Grant and Fund Management, Microsoft Dynamics GP, Non-profit, Not-for-profit

Tags: Account Level Security, Advanced Management, Analytical Accounting, Bank Reconciliation, Business Essentials, Cash Flow Management, Cashbook Bank Management, Collections Management, Drive your Business Forward, Financial Management, financial management software, Grant Management, Microsoft Dynamics GP for your Not-for-Profit, Microsoft Dynamics GP software, MIG & Co. Dynamics Partner, Nonprofit Dynamics New York Partner, Nonprofit Dynamics Partner, Not-for-profit, not-for-profit accounting software, Reporting

Source: http://nfptechblog.com/enhance-your-financial-management-to-drive-your-business-forward-part-1/

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