Business May 8, 2001

Prepare for Koizumi failure

Stock prices have firmed up, reflecting market expectations that Prime Minister Junichiro Koizumi will push for structural reform. But it may be too optimistic to believe he will carry out the policy program he is advocating. Koizumi pledged to promote structural reform while paying heed to ...

Business Apr 3, 2001

LDP must balance fiscal, party interests

While Tokyo stocks continue to fluctuate wildly, some market participants are saying that stocks have bottomed out and have started an upward surge, following the Bank of Japan's effective return to a "zero-interest-rate" policy and commercial banks' accelerated disposal of bad loans. Although the start ...

Business Feb 27, 2001

Japan lacking tools to bolster economy

The economy has eroded into a pathetic situation as corporate capital spending, now the sole driving force for economic growth, is thought certain to decline in light of machinery orders received. Many economists should be expecting the nation's economic growth to be close to zero ...

Business Feb 27, 2001

Japan lacking tools to bolster economy

The economy has eroded into a pathetic situation as corporate capital spending, now the sole driving force for economic growth, is thought certain to decline in light of machinery orders received. Many economists should be expecting the nation's economic growth to be close to zero ...

Business Jan 16, 2001

Pessimism spells bargains

The Tokyo stock market began the 21st century lackluster amid concern over the stalled economic recovery and selloffs to unwind cross-shareholding ties. Investors need not, however, be too pessimistic. Corporate capital spending is still on the rise and, given increased yearend bonuses, consumer spending could ...

Business May 30, 2000

Setback fuels recovery doubt

Feeling the jolts of unstable stock markets worldwide, the Tokyo bourse has been hit by sharp corrections since the start of April. Although concern about inflation and higher interest rates in the U.S. has surely ushered the Tokyo market into its current correction, there are ...

Business Mar 7, 2000

Market ready to take off

The key Nikkei average is hovering around 20,000, shrugging off worries about corporate sales to unwind cross-shareholding ties. Even stocks belonging to the "old economy" are starting to lure buy orders. The market will probably experience nervous trading through mid-March as participants continue to watch business ...

Business Feb 1, 2000

Market in correction mode after sharp rises

Tokyo stocks have been unstable since the start of the year apparently in reaction to overheated buying of information and communications issues in December and a resultant rise in prices of value stocks, or stocks of low price-to-earnings ratios. The market is also being affected ...