Monday, September 09, 2013

Newsletter September 9th 2013

Japanese Customer Newsletter, September 9th 2013.



By

Peter Hanami





#1. Finance



" As the yen has plunged, Japanese investors have been repatriating their investments in the region believing the yen can go no lower"



Source: Sell sign hangs over local economy as the US jobs outlook brightens, David Uren, The Australian, Monday July 8th, 2013, page 17




#2. Media



"The Japanese owners of (Dentsu Aegis Network) are looking to expand…in the local market (Asia). Last year, London-based Aegis was taken over by Dentsu in a $4.94 billion deal - the biggest in the history of the advertising industry"




Source: Japanese to expand Mitchell's empire, by Darren Davidson, The Australian, Monday July 8th, 2013, page 23



#3 Economics




"In Japan, Abenomics is about ending deflation and restarting economic growth"




Source: Likonomics is the right path, by Yiping Huang, Australian Fininacial Review, Monday July 8th, 2013, page 37



#4. Energy



"With spot at "US 39.50 a pound, hope is about all there is at the moment. But with eight Japanese (nuclear) reactors expected back on line this year…those in the industry foresee a supply squeeze in the near future"


Source: A time to buy….for the brave, by Robin Bromby, The Australian Newspaper, Monday July 8th, 2013, page 21





#6. Quote



"It was a knack she had. And I could see that she took care of her clothes with an attention bordering on love."



Haruki Murakami



Source: The Wind Up Bird Chronicle, p224




#7. Currency



"Japan's currency devaluation has been caused by the central bank's decision to undertake a form of money printing known as quantitative easing"



Source: Waiting for the third economic arrow out of Japan's bow, by Jacob Greber & Laura Tingle, Australian Financial Review, Monday July 8th, 2013, page 10





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© Peter Hanami, 2003 - 2013. All rights reserved. Quotes belong to respective owners. Note links to many Japanese websites expire.



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