Connect with us

Japan

Nikkei’s 2017 rally heralds that Japan Inc. is back

Japan’s recovery has been driven by ultra-loose Bank of Japan policies and a buoyant global economy

Avatar

Published

on

Little is afoot in Tokyo to create the sustainable domestic demand-led growth that has eluded the Japanese economy for two-plus decades

The Nikkei’s 19% rally isn’t completely irrational. Companies are cash rich and underpinned by an economy enjoying its best run in 16 years, unemployment at 23-year lows and investment banks heralding that Japan Inc. is back.

The missing link, though, is wages. Average monthly cash earnings rose by just 0.6% in October, year-on-year. Worse, labor unions are lowering their ambitions for bigger gains in 2018.

This disconnect raises valid questions about whether Nikkei bulls ran ahead of economic fundamentals not just this year, but in the last few.  Since Prime Minister Abe’s tenure began in December 2012, the Nikkei has gained an eye-popping 128%.

Source link

Continue Reading
Advertisement
Comments

Japan

Japan takes lion’s share in EEC foreign investment

Japanese investors pledged Bt375.907 billion, followed by China Bt67.872 billion, Singapore Bt42.358 billion, US Bt27.908 billion and those from the Cayman Islands at Bt23.169 billion.

Avatar

Published

on

Foreign investment via their joint ventures with Thai partners (foreign shareholding at 49 per cent) in the EEC stood at Bt752.780 billion.

(more…)

Continue Reading

Japan

Thai DPM Somkid meets with Japanese Chamber of Commerce

Thai government is pushing forward projects such as the Thailand 4.0 development model and the Eastern Economic Corridor without any changes in key policies, reaffirming the coalition government will ensure a unified economic direction through economic ministers meetings.

National News Bureau of Thailand

Published

on

JCC Bangkok president meets DPM Somkid

BANGKOK, 5th August 2019 (NNT) – Deputy Prime Minister Somkid Jatusripitak has given an assurance to JCC Bangkok president, that Thailand is pursuing key policies including Thailand 4.0 and the EEC project, while the JCC president says Japanese investors are more confident with the Thai economy in H2 2019

(more…)

Continue Reading

Business

How Asia could be the winner in the US and China’s Belt and Road race

The world’s three largest economies – the US, China and Japan – are actively manoeuvring for economic and geopolitical influence through infrastructure funding

Avatar

Published

on

Infrastructure development has become one of the great battlegrounds of our time.

(more…)

Continue Reading

Most Read

Upcoming Events

Mon 09

21st World conference pharmaceutical chemistry and drug design

December 9 @ 8:00 am - December 10 @ 5:00 pm BMT
DUBAI,UAE
Dubai
Jan 23

12th World Congress on Alzheimers Disease & Dementia

January 23, 2020 @ 9:00 am - January 24, 2020 @ 5:00 pm BMT
Feb 12

Future Energy Asia

February 12, 2020 - February 14, 2020
BITEC
Bangkok
Feb 19

13th World Congress on Nursing and Health Care

February 19, 2020 @ 9:00 am - February 20, 2020 @ 5:00 pm BMT
Phuket
Phuket city
Mar 11

Food science conferences

March 11, 2020 @ 8:00 am - March 12, 2020 @ 5:00 pm BMT

Press Release

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 11,908 other subscribers

Trending