Shinzo Abe

Shinzo Abe

Japan's government approves record military spending

TOKYO (Dec 22): Japanese Prime Minister Shinzo Abe's government on Thursday approved an increase in defense spending to record levels to counter growing Chinese military power in the East China Sea and an escalating North Korean ballistic missile thre

Broker's Calls

4 odds that make Genting a risky bet

SINGAPORE (Nov 28): OCBC Investment Research is reiterating its “sell” call on casino operator Genting Singapore with a fair value of 75 cents, in light of the current economic policy uncertainties faced by Japan.
Donald Trump

Trump team promises to address ethics concerns on businesses

WASHINGTON (Nov 21): President-elect Donald Trump will work to ensure there is "proper separation" between his business empire and his job as president of the United States, Vice President-elect Mike Pence said on Sunday, amid fresh concerns about
Tokyo stocks

Global Markets

World’s biggest comeback breathes life into Japan’s equity bulls

TOKYO (Nov 21): The global stock market’s biggest comeback story of 2016 isn’t over yet. So say Citigroup Inc., AllianceBernstein and Bordier & Cie, who all see further gains for Japanese shares after the Nikkei 225 Stock Average climbed more than 20%

Higher employment means higher household spending right? Not in Japan

SINGAPORE (Aug 31): Household spending in Japan has bucked conventional economic theory, falling 0.5% in July even as the unemployment rate fell to 3% in the same month, says a Wall Street Journal report on Tuesday.
Philippe Waechter, Natixis Asset Management

Quote of the day

US ‘still does not have the role of leader’, says Philippe Waechter

Global economic activity continues to evolve at a moderate pace. The United States still does not have the role of leader despite a cyclical improvement in April. Europe is in a complex phase on the eve of the British referendum on the Brexit. The risk is
China stocks

Tokyo leads Asia stocks higher after Yellen comments

HONG KONG (May 30): Tokyo stocks led Asia higher Monday, boosted by hopes the government will delay a sales tax hike and by a weaker yen after Federal Reserve boss Janet Yellen hinted that a US interest rate increase was looming.
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