Nissan relocating plant; central bank buys shares

It's been a busy month so far.

Nissan is not merely laying off workers, it is moving a plant out of Japan (to Thailand). Building plants outside of Japan is not new, but closing and relocating plants out of Japan is.

Also not new, but infrequent, Japan's central bank announced it would buy $11.12 billion (1 trillion yen) of BBB minus or lower company shares from the nations banks. This last occurred in September 2004 and in November 2002. The move is to add stability to the banking system.