Investors in Japan are still waiting for signs the government will implement the structural reforms ...
Investors in Japan are still waiting for signs the government will implement the structural reforms as promised before the election. Simon Somerville, head of Japanese equities at Cazanove, says: 'In terms of the economy, it is weakening quite dramatically at the moment. This has been led by the export sector.' The economy is close to being in a recession and the equity markets are performing negatively. 'Another driver of the markets has been the Koizumi government and the expectation he would implement the reforms outlined in his election campaign. As yet, there has been no detail...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes