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Masaaki Higashida
For Masaaki Higashida's latest contributions to The Japan Times, see below:
BUSINESS / ON THE FRONT LINE
Aug 22, 2001
Stock market woes a prelude to hard times
The Tokyo stock market has taken a severe beating in recent days.
BUSINESS / ON THE FRONT LINE
Jun 27, 2001
Foreign investors doubting 'Koizumi effect?'
The catalyst for this month's fall in Tokyo share prices was selloffs by foreign investors, notably U.S.-based players.
BUSINESS
May 30, 2001
Fate of Nikkei tied to Koizumi's policies
Although the stock market has reacted positively to the inauguration of the reformist Cabinet of Prime Minister Junichiro Koizumi, doubts linger.
BUSINESS / ON THE FRONT LINE
Apr 27, 2001
New York upturn positive news for Japan
The recent upturn in New York share prices could presage a more stable market in Japan, too.
BUSINESS
Mar 30, 2001
Investors in the dark; Tokyo rally elusive
Although global stock markets have restored a degree of stability, skepticism abounds over what is in store for the months ahead. On Wall Street, worries remain over company profits and the U.S. Federal Reserve's stated aim to engineer a soft landing. Earnings reports for the January-March quarter, due out next month, will be a major determinant for New York share prices. Once it becomes evident that U.S. corporate profits will bottom out in the April-June quarter, investors will move in, providing a major lift to share prices.
BUSINESS
Mar 1, 2001
U.S. likely to further ease interest rates
New York share prices remain in a corrective phase, but the downturn could soon run its course.
BUSINESS
Jan 31, 2001
Investors' confidence up as stocks stabilize
Following the lead of the New York Stock Exchange, the Tokyo stock market has regained some stability, which has helped to improve investor sentiment.
BUSINESS
Dec 22, 2000
World's stock markets battling pessimism
Pessimism abounds in stock markets worldwide. New York share prices have taken a beating amid concern over corporate earnings and economic prospects. The tumble in New York quickly spilled over to Tokyo, sending key market gauges to their year-to-date lows.
BUSINESS
Sep 27, 2000
Stock market volatility, selloff worries lifting
With selling pressure easing, the Tokyo stock market could open October on a positive note at the start of the fiscal second half.
BUSINESS
Aug 30, 2000
Beware effect of rising demand on stocks
Now that selloffs by foreign investors that have buffeted the Tokyo stock market for months have finally eased, market participants are showing more gumption.
BUSINESS
Jun 1, 2000
Selloffs abound, may have eased pressure
The Tokyo stock market has remained in a corrective phase in recent weeks as information-technology and other high-priced issues continue to take a battering.
BUSINESS
Mar 30, 2000
Dawn of fiscal year turning financial heads
The focus of stock trading has switched to deliveries for the coming month, and inves- tors are turning their attention to what the next fiscal year may have in store.
BUSINESS
Mar 2, 2000
Machinery orders presage smooth sailing
The latest batch of encouraging economic and corporate earnings reports could presage a more stable stock market in the near term.
BUSINESS
Feb 3, 2000
Demand recovery in offing
The New York Stock Exchange remained on a roller-coaster ride through much of last month, but no lasting de cline appears in the offing.
BUSINESS
Jan 6, 2000
World markets entering corrective phase
New York share prices tumbled Tuesday, sending equity markets reeling around the world. After charging ahead in record territory for months, the steep corrections of U.S. indexes have come as no surprise.

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on