Andrew Jackson, Head of Wholesale and Listed Real Estate at Standard Life Investments, says Abenomics will put Japan back on track and in turn underpin growth in the country's real estate market.» Read More
Japan’s Nikkei Index has had its longest bull run since 1989, ending 2006 up 7%. Unemployment in the country is at an eight-year low, and despite a possible rate hike in the spring Japan is reclaiming its leadership position in the global economy. But is it too late for investors to get a piece of this growing economy? President of Matthews Asian Funds Mark Headley says no.
The Nikkei 225 Average ended 2006 on a high note Friday, booking its fourth consecutive year of growth -- something the Japanese stock market has not seen in nearly two decades.
Japanese industrial output rose less than expected in November, data showed Thursday, giving economists little help in gauging whether the Bank of Japan will raise interest rates next month.
Roughly $110 billion flowed to the more than 9,200 hedge funds in 2006, according Chicago-based firm Hedge Fund Research. Senior managing director of Channel Capital Group George Lucaci was on “Closing Bell,” explaining which funds made the most money this year. He also highlighted what to look for in 2007.
Retail sales in Japan fell unexpectedly in November from a year earlier, underlining the view that consumption remains a weak link in the economic recovery and trimming the chances of an interest rate hike in January.
Japanese consumer price growth matched expectations and personal consumption fell less than forecast in November, keeping alive speculation that the Bank of Japan could raise rates as early as next month.
Japan's trade surplus rose more strongly than expected in November from a year earlier as growing exports continued to underpin a steady recovery of the world's second-largest economy.
In the last week before Christmas Scrooge is no where to be seen. The skeptics are being driven from the markets. It is nigh on impossible to find a strategist at the moment prepared to come on TV and tell you not to own lots of stocks going into 2007. Giles Keating, Head of Research at Credit Suisse is a case in point, it doesn't get much more Goldilocks than this: U.S. soft landing then reacceleration of growth in the second half of the year, Europe outperforms the U.S., and Japan (A STINKER THIS YEAR) recovers further. Safe in emerging markets, but hard to find value in bond markets. Inflation doesn’t threaten the party and corporate profits continue to roll along nicely, with partial confirmation from another guest –- Ed Thompson, Gartner (the tech research people) –- that corporate spending on software and IT is, if anything, picking up.
Japan's current account surplus rose unexpectedly in October from a year earlier as continued gains in investment income offset a shrinking trade surplus.
China should surpass Japan this year to become the world's No. 2 investor in research and development after the United States, an international economic group said.
Joseph Stiglitz, Professor at Columbia University and 2001 Nobel Prize Winner explains how the central bank's stimulus program will improve the debt to GDP ratio if it successfully ends deflation.