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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
December 22, 2016
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.
November 28, 2016
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
November 21, 2016
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%
November 21, 2016
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.
August 31, 2016
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
June 16, 2016
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.
May 30, 2016