Tetsuya Ishijima

For Tetsuya Ishijima's latest contributions to The Japan Times, see below:

Business | ON THE FRONT LINE Jul 11, 2002

Factors in U.S., Japan cloud stock outlook

Fears of another huge terrorist attack in the U.S. shrank after Independence Day on July 4. But terrorism is just one of many bearish factors affecting stocks. Corporate accounting scandals are the biggest selling factor on the New York market. The Securities and Exchange Commission ...

Business | ON THE FRONT LINE Jun 13, 2002

Revival abroad, not policies, aiding economy

Real gross domestic product grew at an annualized 5.7 percent during the January-March period. The revised GDP growth figure, to be released in August, is expected to be lower due to revisions to consumption figures for single people, who boosted their spending during the ...

Business | ON THE FRONT LINE May 16, 2002

U.S. pickup fuels hope for Japan recovery

There is little dispute that a solid pickup in U.S. consumer spending has bolstered evidence that the economic recovery is gaining momentum. Although capital spending is refusing to turn higher, the U.S. economy expanded at an annual pace of 5.8 percent in the first quarter. Against ...

Business | ON THE FRONT LINE Apr 12, 2002

State must act before market backs banks

Special bank inspections have found that the disposal of soured loans made headway toward the close of fiscal 2001. The 13 major banks reportedly chalked up 8.4 trillion yen in losses stemming from the disposal of bad loans for the year, 1.9 trillion yen more ...

Business | ON THE FRONT LINE Mar 14, 2002

Rally has put 12,000 in Nikkei's cross hairs

During the recent rally on the Tokyo Stock Exchange, the 225-issue Nikkei average broke the 11,000 resistance line. The key market gauge soared 638 points to end at 11,450.22 on March 4, and has since been within touching distance of 12,000, a level unseen since ...

Business Feb 8, 2002

Investors shaky as critical phase looms

Tokyo stocks tumbled across the board again this week, mirroring a wholesale collapse in investor confidence. Public confidence in Prime Minister Junichiro Koizumi has been badly shaken, stirring up skepticism about the 30 trillion yen-a-year ceiling on new government bond issues -- a symbol of ...

Business | ON THE FRONT LINE Jan 10, 2002

TSE rebound may prelude longer struggle

The continued firmness of share prices in New York in recent weeks has helped the Tokyo stock market rebound. It remains to be seen, however, whether Tokyo stocks have found their bottom. Given the nation's bleak economic prospects and the continuing uncertainty over bad-loan disposals by ...