Weak yen brings buy interest to blue chip exporters, sparking an afternoon session rally which brought the Nikkei back near breakeven from earlier triple-digit losses. * Nikkei 225 Stock Average: -28.14 (-0.2%) to 17,732.77 * Nikkei 225 futures Osaka: -70 (-0.4%) to 17,730 * TOPIX: -5.70 (-0.3%) to 1,745.92; Advancers 640 x decliners 942 (unchanged [...]
Archive | June 13, 2007
Japan’s Underemployed “Freeters” and “Internet Cafe Refugees”
The June 18th Newsweek Int’l Edition covers a disturbing situation, but one that may be improving, where underemployed younger workers in Japan are now forming unions and even publicly demonstrating in an attempt to demand more work and make their voices heard regarding inequalities in compensation, among other things. It’s worth a read. Let’s hope [...]
U.K. Journalists Explain Globalization to Japan
There is an interesting recap by the Japan Times (it may not be available online for much longer) of an economics symposium last weekend in Tokyo. Ambrose Evans-Pritchard, international business editor of The Daily Telegraph, notes “Globalization has been very kind to Britain,” but explains how there was once fear Britain’s assets would all be [...]
Subscribe
Subscribe to our e-mail newsletter to receive updates.
