By Denis Clough, manager of the Schroder Tokyo fund and director of investment management It is of...
By Denis Clough, manager of the Schroder Tokyo fund and director of investment management It is often said that Japan dances to a different tune. Since 11 September, markets around the world have bounced but Japan less so. Military action in Afghanistan has been successful and lower worldwide interest rates have improved economic prospects but Japan's focus remains on its own structural problems and mixed economic data. While faith in monetary policy to power a global recovery exists, attention is fixed closer to home. Recent events such as the surprise collapse of insurer Taisei Fire...
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