Japan Stocks gain for the second day as pay U.S. Show recovery

April 20, 2011, 10: 23 pm EDT by Norie Kuboyama and Satoshi Kawano

April 21 (Bloomberg) - Japanese stocks advanced for a second day after that companies American, including Apple Inc. reported an increase in profits and oil prices soared, signaling that the global economic recovery is accelerating.

Sony Corp., most major exporter of electronics of the Japan, gained 1.7 per cent. Renesas Electronics Corp. and other manufacturers of semiconductor and advanced tools after Qualcomm Inc., the large manufacturer of mobile phone chips, reported profit that topped estimates. Inpex Corp., Explorer of the No. 1 oil, jumped to 4.2%. Nissan Motor Co. increased by 1.9% after the automaker said that it will boost shipments of electric cars.The Nikkei 225 Stock average rose 0.6% to 9,662.67 11 hours trading pause in Tokyo. The broader Topix gained 0.3 percent to 839.65, with approximately four actions on the rise since all three fell. "American companies, especially tech stocks are wear well, and which helps to create confidence,"said Mitsushige Akino, who oversees the words of 600 million dollars in assets in Tokyo at Ichiyoshi Investment Management Co.""Investors are looking to take a little more risk".

-Editor: Jason Clenfield, John McCluskey.

To communicate with journalists for this story: Norie Kuboyama in Tokyo at the nkuboyama@bloomberg.net; Satoshi Kawano in Tokyo, at skawano1@bloomberg.net.

To contact the responsible editor of the story: Nick Gentle at ngentle2@bloomberg.net.

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Canadians are the second most happy in the world: survey

Canadians share second place among the most satisfied of the planet, a world poll that asked respondents to assess their own lives.

Overall well-being of Gallup survey found that 69% of Canadians surveyed, falls into a category called Gallup "prosperous."

Canada on par with the Sweden, three percentage points below Denmark, whose citizens are apparently the more satisfied with their current situation and prospects for the future.

People in the category "prosperous" rate of their current life at seven or more high on a 10 point scale and assessed their future lives eight or more, Gallup said.

Only two per cent of Canadians was considered to be "suffering." People in this category rated their current lives and future four or below.

Another 30 per cent of Canadians have been regarded as "evil" - somewhere between these two extremes, the survey said.

Gallup has found the majority of respondents "prosperous" only 19 countries - most in Europe and America.

The story has been much less pink 67 other countries where less than one quarter of the inhabitants were booming. In sub-Saharan Africa, the median percentage of flourishing was only eight per cent, with Chad coming down with only one per cent of its respondents deemed be booming.

Gallup said its investigation of welfare suggests that little progress was made at the previous year.

"Overall well-being of Gallup data highlight the diversity of development challenges around the world," the survey company said on its Web site.

"As the uprisings in Tunisia and Egypt has shown earlier this year, leaders should not rely on only GDP as an indicator of how well their countries and their citizens."

The welfare survey results are based on interviews with about 1,000 adults conducted between February and December 2010 in each of the 124 countries.

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Disney Gets a Second Chance in China

By Ronald Grover, Stephanie Wong and Wendy Leung

There are signs fail that the inauguration April 8 to the Shanghai Disney Resort from $ 4.4 billion was not aimed at the typical Orlando holidaymaker. Shanghai schoolchildren sang When You Wish Upon a Star - in Mandarin. Mickey Mouse was plated not in his misfiring signature, but in traditional costume of Chinese Red to symbolize good fortune. Everything which has been adapted to the tastes of the nation the most populated of the world.

Walt Disney (DIS) has good reason to sweat the details to his first on the continent theme park. Opening Hong Kong Disneyland in 2005, he underestimated will appear how many visitors and how long they would dwell. The result: too little rides, inadequate seating and food provides restaurants and angry crowds who were to be repressed. Although Park Disney belonging to Hong Kong by 47% is expanding, it loses yet 92.3 million for the year ended last October, while attendance has increased by 13%. "We learned a lot from Hong Kong," says Disney Director General Robert a. Iger. "In Shanghai, we are in route a three hour of 300 million people." This is a huge opportunity, and we must pay attention to how come and their attendance patterns. ?

For Disney studios, who will hold a 43 per cent in the station of 963-acre (three companies belonging to the State own the rest), Shanghai is a bet of $ 1.9 billion on a growing Chinese middle class who will pass the projects of the company 200 billion per year recreation of travel by 2015. It is also a bet that Disney characters and 55 year history of the race theme parks can be adapted to a culture may not fully understand. Disney "has too much riding on China to leave Hong Kong or Shanghai fail", explains John Gerner, Director General of recreation business advisors, which evaluated the possibility for theme parks in China for Village Roadshow, a theater operator and Australian Park. "Hong Kong was an experiment to see if a smaller Park would work, and he is not." Now they are fixing it. ?

Disneyland in Shanghai will almost 85 acres, approximately 50% larger than Hong Kong Park opening, said an Executive. There will be traditional Disney rides and others based on Chinese culture, said Iger. The company is adding Chinese nationals in his "imagineering" team to help develop the Park. A staple that will change: Main Street USA, the turn-of-the-century collection of shop Windows and streets cars pulled by horses that greet visitors to most of the Disney parks. Iger, explains: "we believe simply that Main Street USA is perhaps not that interesting to the people here."

Disney is not likely to repeat the cultural missteps, had its opening of Disneyland Resort Paris in 1992, where sales of food products suffered because the Park did not initially use wine with meals. In Hong Kong, Disney has reduced the number of dogs in its restaurants serving more dim sum and noodle dishes, says Executive of Disney, and it is likely to be full of terroir in Shanghai. "Disney attention much more now to cultural differences," said analyst Evercore Partners (EVR) Alan Gould. A single motivation: The Shanghai Park will generate $ 70 million in management fees for Disney in its first year and $ 200 million in a decade, estimates of Gould.

The bottom line: Disney, which already provides its television programs, to 260 million viewers in China each week betting on continental theme parks.

Grover covers industry media and entertainment for Bloomberg Businessweek in Los Angeles. Wong is a reporter for Bloomberg News. Leung is a journalist for Bloomberg News.

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Treasury bills in the fall for second day as the rise in Inflation expectations

06 April 2011, 11: 19 am EDT by Susanne Walker and Emma Charlton

April 6 (Bloomberg) — treasuries fell for a second day, pushing the yield on the 10-year notes, more than 3.51% as the Federal Reserve will maintain the speculation sent inflation expectations stimulus measures almost three years reached heights.

The difference in performance between the five-year Treasury notes and debt indexed to the inflation forecast to increase to widest since July 2008, as the dollar collapsed and gold and silver soared to record levels. Atlanta Fed President Dennis Lockhart said he does not expect the Central Bank to tighten monetary policy at year-end, while Saint - Louis Fed President James Bullard said the Wall Street Journal, it is unlikely that it will succeed to get fed debt purchases cut. "" It does not appear as if the Fed is concerned about inflation, but clearly the market think differently, "said Sergei Bondarchuk, a strategist of interest rates in New York at BNP Paribas SA, one of 20 primary dealers that trade the bonds to the Central Bank of American. "The real test will be when the music of the Fed is stops.".Ten-year yields increased three basis point, or point percentage 0.03 to 3.515% at 11: 12 pm in New York, according to Bloomberg Bond Trader prices. Previously, he touched 3.53%, the highest level since March 9. The note of 3.625%, due in February 2021 fell 9/32, or $2.81 by the nominal value of $1,000 to 100 29/32.The difference between yields on the notes of five years and of the Council of Treasury Inflation Protected Securitiesknown as the rate of return, a gauge of expectations of trader to the consumer during the life of the debt price reached 2.41 percentage points, the broader level since July 2008. The rate of return of 10 years has affected 2.59% after winning yesterday to 2.60 percentage points, also the widest since July 2008.Gold, SilverThe dollar had lost against most of its major as the Central Bank counterparts European was ready for a meeting of future interest rates. The ECB should revive its main rate by 25 basis points to a minimum of 1 per cent, according to all 57 economists interviewed by Bloomberg.Gold for June delivery reached a record $1,466.20 an ounce, while money for immediate delivery is passed to $39.7265 record oncea 31-year record.Lockhart told reporters during a Fed Atlanta Conference at Stone Mountain (Georgia), low inflation and a fragile economic recovery to make unlikely tightening in 2011.Bullard said that it cause you to the meeting of the Federal Committee of the open market here this month for lowering the program of the Board of Treasury purchase of $ 100 billion. He held little hope of success.Purchase ProgramThe Fed announced in November, a plan to buy up to 600 billion dollars in debt U.S. until June to stimulate economic recovery. Makers have kept the interest rate of reference to zero to 0.25% since December 2008 in support of the economy.Yesterday released minutes of March 15 of the FOMC meeting showed a "few" among the 17 Central Bank Governors and regional bank presidents, said tighter credit can be justified this year, while a "a few others noted that political exceptional accommodation might be appropriate beyond 2011."Fed Fund futures showed a 40 percent chance the Central Bank will increase its rate target for overnight loans between banks to the policy of December meeting, compared to the likelihood of 33 percent a month ago.The Central Bank buys 1.97 billion of securities maturing August 2028 February 2041 today his program for the purchase of goods.The US economy will expand at a rate of 3.1% this year, a survey of economists Bloomberg. It goes beyond the United Kingdom, which is expected to expand 1.7 per cent, and the euro area, which economists predict will grow at a rate of 1.7%, polls show.NotesTwo-year two-year notes, which are sensitive to the Fed rate expectations because of shorter maturity, are overdue obligations Beaver for a month.Additional performance offering 30 year bonds U.S. on the notes of two years was 3.72 percentage points, after shrinking to 3.69 percentage points on 31 March, the more narrow, since November Al-year gives roses two basis points to 0.83% after having climbed six 0.81% basis points yesterday. 30-Year bond yields rose four basis at 4.55% points.The performance of the notes of two years will increase to 1.37% in the fourth quarter of this year, on the average of forecasts, in a survey of Bloomberg News of 53 economists with the latest forecast given the heavier weights. Yields 10 years will increase to 3.92%, and will advance the yields of 30 years of 4.94% investigations distinct show.Bill RatesSix three months and bill rates have decreased in a change in the cost of the guarantee of bank deposits and Treasury cut $ 5 billion to $ 200 billion the amount of bills outstanding supplementary financing program he sells on behalf of the Fed in a program place in 2008 to support the financial system. The reduction was made for reasons including the approach of the federal debt limit.Six-month bill rates were little changed at 0.14% after touching a record percentage of 0.1099 low April 4. Three-month rates slipped 0.61% after reaching 0.0304% on 5 April, the lowest since January stipulated Government tomorrow will announce how it intends to sell in 3-, sales to the auction of 10 and 30 years next week.

-With the help of Cordell Eddings in New York and Wes Goodman at Singapore. Editors: Greg Storey, Dave Liedtka

To contact the reporters on this story: Susanne Walker in New York at swalker33@bloomberg.net. Emma Charlton at the echarlton1@bloomberg.net London

To contact the editor responsible for this story: Dave Liedtka to the dliedtka@bloomberg.net

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