Pricey Japanese stocks?

Pricey, and Japanese stocks, are typically not heard together in the same sentence. However, since last September’s market rout, earnings have deteriorated to the point that the Nikkei 225 is trading at over 175x forward earnings ... proceed with caution.

Wells Fargo Bank Shock The Street

So there is life after near death! Wells Fargo (WFC) stunned the street with a surprise $3 billion profit in Q1, vastly better than expectations...

Gold good for the long haul

“There is room for bulls and bears, but pigs get slaughtered,” said Peter Munk, the legendary founder and CEO of Barrick Gold, the world’s largest gold producer...

Is the government running out of options — or out of options already?

The political system is gearing up for a debate over the government's 15 trillion yen stimulus package that could decide the timing and the outcome of the next general election.

The Aso government's need for speed

Ozawa Ichiro, marking the third anniversary of his leadership of the DPJ, gave a long (and rambling) press conference at DPJ headquarters to mark the occasion...

Japan: Praying for an American recovery

Japan’s closely watched Tankan report was released last week, a quarterly report of business sentiment, showing its sharpest drop in history, cliff diving from -24 to -58...

What is the Next Big Thing?

A big chunk of the growth this decade sprang from artificial and ephemeral real estate gains, which have since gone poof! There is nothing to replace it until we invent something new...

Rakuten vs TBS - The Final Chapter

I cannot understand the meaning of the “Certified Broadcast Holdings Company” Act which came about through the Broadcasting Revision. Because public service is required, a single shareholder is limited to owning less than a third of the company?

Engine failure

Last time I had Japan under the loop I asked whether there was no end in sight for Japan's economy and as I wind up for another close look, I must say that it is still very difficult to find good news if any at all...

After the launch

In the wake of North Korea's Unha-2 launch Sunday, the Japanese establishment and public have uniformly reacted with a sense of outrage and a desire for an vigorous Japanese and international response to the test.

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