10 Updates

Yen Steady Against Dollar After Hitting 7-Month Low

Source: Wall Street Journal, Nov 19 2012, 1:05am CST

By Alexander Martin The yen was steady against the dollar during Asian trading Monday after it hit a seven-month low following a series of remarks last week by Japan's main opposition party leader calling ...

Continue reading on: Wall Street Journal

 
 
Update
10

35 minutes ago

Business › Weak yen helps drive Japan earnings, but no cure-all

Source: Japan Today  |   May 19 2013, 4:42pm CDT

Japan’s earnings season has drawn to a close with the sharply weaker yen helping inflate profits at some of the nation’s top exporters, but, some commentators warn, the drop is not all good news. Sony booked its first annual prof ...

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Update
9

37 minutes ago

Analysis: Little sign Abe can shake up Japan's inbound FDI

Source: FOX Business  |   May 19 2013, 4:40pm CDT

TOKYO – Japan risks missing, yet again, an opportunity to use foreign investment to help fuel sustained economic growth that has eluded it for the last two decades. Prime Minister Shinzo Abe pledged to make Japan "the world's easiest coun ...

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Update
8

25 weeks ago


Quote:
"However there are worries as to whether Mr. Abe and the LDP will be able to follow through on their very aggressive economic policies if they do in fact return to power"


Source: Wall Street Journal

 

Latest Politics News

 
Update
7

1 hour ago

Abe's Master Plan

Source: The Business Insider  |   May 19 2013, 3:30pm CDT

WHEN Shinzo Abe resigned after just a year as prime minister, in September 2007, he was derided by voters, broken by chronic illness, and dogged by the ineptitude that has been the bane of so many recent Japanese leaders. Japan's Prime Mini ...

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Update
6

2 hours ago

Development bank needs to do more

Source: Bangkok Post  |   May 19 2013, 2:35pm CDT

For more than eight years, former Asian Development Bank (ADB) president Haruhiko Kuroda spoke of the Japanese-led multilateral development bank's commitment to fighting poverty in the Asia-Pacific region. How ironic it is that tod ...

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Update
5

3 hours ago

Banks' dollar borrowing eyed

Source: Bangkok Post  |   May 19 2013, 2:16pm CDT

The Finance Ministry has blamed local commercial banks' offshore borrowing at low interest rates to be lent locally as a factor accelerating the baht's strength. The baht has triggered lots of finger pointing, most recently at local bank ...

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Update
4

3 hours ago

Why Japan Is Bad For The World

Source: Forbes  |   May 19 2013, 1:32pm CDT

Japan continues to be the world’s biggest financial story. The consensus seems to be that the country’s extraordinary economic measures are good for both itself and the world. I’ve detailed previously how Japan’s efforts ...

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Update
3

5 hours ago

Japan Discovers QE Has Risks

Source: Wall Street Journal  |   May 19 2013, 12:01pm CDT

Well, that was fast. Japanese Prime Minister Shinzo Abe's aggressive pro-inflation policy is only a few months old and a fight has erupted over its early effects. And this while there is no economy-wide inflation.On Wednesday, the Nikkei 225 closed ...

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Update
2

7 hours ago

Japan considers English specialist unis

Source: The Australian  |   May 19 2013, 9:29am CDT

ABOUT 30 Japanese universities will teach in English, under reforms advocated by the ruling Liberal Democratic Party's education reform panel. The Japan Times has reported that Toshiaki Endo, head of the panel ...

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Update
1

10 hours ago

This Is The Chart That Says Japan's Great Economics Experiment Might Be Working

Source: Clusterstock  |   May 19 2013, 6:38am CDT

A big economic story this year has been "Abenomics", Japan's effort to get out of its multi-decade deflationary slump using a combo of monetary policy, fiscal stimulus, and structural reforms. We already know ...

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