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Japan business sentiment hits 2-year low: tankan
The weak figures reflect a worsening of the corporate business environment, such as a rise in oil prices and an expected decline in U.S. GDP," said Mamoru Yamazaki, chief economist at RBS Securities. BOJ SCENARIO The survey raises doubts about when or if strength in the corporate sector will spill over to households, a scenario that the Bank of Japan relies on to justify raising rates. "The tankan showed firms are cautious, so it would be hard for the BOJ to raise rates at least during the first half of next year," said Yoshimasa Maruyama, an economist at BNP Paribas. "We're at the point where we cannot really pinpoint when the BOJ could raise rates." No rate change is expected at the BOJ's two-day policy meeting that ends next Thursday.
Latest ULM blog: Outback Classic golf approaching fast
TIM HOLCOMB: Last week was a very good week for the ULM men's basketball team. On Tuesday, the Warhawks extended their home winning streak to 15 games with a 105-75 victory over an outmanned Alcorn State team. The win coupled with a loss by Southern Illinois to No. 15 Indiana last week gives ULM the 10th longest home winning streak in the nation. Impressive. On Friday playing its first game in the 26th annual Hawkeye Challenge tournament, the Warhawks came from 16 points down to defeat its Big 10 opponent, the Iowa Hawkeyes, in overtime, 72-67. The following day, ULM won its third game in a row, beating Rice in the championship game, 80-67, to become only the third team in the 26-year history of the Hawkeye Challenge to claim the tournament title. With the win, ULM claimed its first regular season tournament title since the 1987-1988 season when the then-Indians men's basketball team won the Utah Classic in Salt Lake City.
UTC valiant in defeat
BOONE, N.C. -- For three quarters Saturday, the University of Tennessee at Chattanooga played the two-time defending national champions just about even. But like they did throughout their disappointing season, the Mocs couldn't make the plays that mattered most. That's something No. 6 Appalachian State knows how to do perhaps better than any Football Championship Subdivision team in the country. The Mountaineers proved it again in the fourth quarter, outscoring UTC 16-0 in the final 15 minutes to pull away for a 37-17 win. "Two or three plays, that was all we needed to win this one," said senior safety Chris Camacho, who led the Mocs with 12 tackles and finished the season with 135. "We did a lot of things to be proud of in this game, but in the end it ended like so many others this season, with us coming close but not getting it done at the end." The Mocs finish the season at 2-9 (2-5 Southern Conference), with five consecutive losses.
Tom Gjelten, NPR Biography
NPR correspondent Tom Gjelten reports on a wide variety of international, economic, and security issues for NPR News. A veteran journalist, Gjelten has spent many years covering international news from posts in Washington and around the world. Gjelten's overseas reporting experience include stints in Mexico City as NPR's Latin America correspondent from 1986 to 1990 and in Berlin as Central Europe correspondent from 1990 to 1994. During those years, he covered the wars in Nicaragua, El Salvador, Guatemala, and Colombia, as well as the Gulf War of 1990-1991 and the wars in Croatia and Bosnia. With other NPR correspondents, Gjelten described the transitions to democracy and capitalism in Eastern Europe and the breakup of the Soviet Union. His reporting from Sarajevo from 1992 to 1994 was the basis for his book Sarajevo Daily: A City and Its Newspaper Under Siege (HarperCollins), praised by the New York Times as "a chilling portrayal of a city's slow murder" and selected by the American Library Association as a "Notable Nonfiction Book" He is also the author of Professionalism in War Reporting: A Correspondent's View (Carnegie Corporation) and a contributor to Crimes of War: What the Public Should Know (W.
Community calendar
Christmas for Kids, 9 a.m. to 1 p.m., Our Savior's Evangelical Lutheran Church, 703 Flieth St., Wausau. For age 4 through fourth grade. 845-3253. Santa visit with his reindeer, 1 p.m. to 4 p.m., Granite Peak Ski Area, 3605 N. Mountain Road, Rib Mountain. 845-2846, www.skigranitepeak.com. Family Fun Time, Marathon County Public Library, 300 N. First St., Wausau. 30 minutes of stories, songs and other literature-based activities. 261-7220. Community Buddhist meditation and study group, 4 p.m. to 5 p.m., First Universalist Unitarian Church, 504 Grant St., Wausau. Silent meditation, study and discussion of Buddhist teachings. . 842-3697. Pine Tree Quilters Guild, 10 a.m. to noon, Cedar Creek mall, Food court, 10101 Market St., Rothschild.
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