Japanese Drug Makers: A Tale of M&A
Japanese drug makers, sitting on piles of cash, have been one of the most aggressive industries turning to costly acquisitions in order to combat the earnings blow of patent losses and lower drug prices. So how have they done?
Facebook’s Asia Strategy? India, Japan, South Korea
Given the huge hurdles Facebook has in China where Internet censorship has left it with near zero penetration, the giant tech company is turning instead to markets like India, Japan and South Korea to spur its growth in Asia.
Stringer’s Reign at Sony Comes to an End
The small club of high-profile foreign executives in Japan lost another member on Wednesday as Sony announced president and CEO Howard Stringer will be stepping down.
Nomura Results: Not as Bad as You May Think?
Companies often unveil nasty results and blame it on the recently departed. But in the case of Nomura Holdings, a surprise may be in store.
US MMFs versus the Eurozone, Part 2
In the first installment of US money market funds versus the eurozone, the funds were seen fleeing the continent as quickly as possible, leaving all sorts of funding chaos in their wake....
Philip Pilkington: Is QE/ZIRP Killing Demand?
em>By Philip Pilkington, a journalist and writer living in Dublin, Ireland
Warren Mosler recently ran a very succinct account of why the Fed/Bank of England’s easy monetary policies – that is, the combination of Quantitative Easing and their Zero Interest Rate Programs – might actually be killing demand in the economy.
Warren Mosler...
Yes, Virginia, Servicers Lie to Investors Too: $175 Billion in Loan Losses Not Allocated to Mortgage Backed Securities (and Another $300 Billion on the Way)
he structured credit analytics/research firm R&R Consulting released a bombshell today, and it strongly suggests that prevailing prices on non-GSE (non Freddie and Fannie) residential mortgage backed securities, which are typically referred to as "private label" are considerably overvalued.
Japan has a Trade Deficit
Yesterday was a busy day for me so I am not sure how much attention this got but Japan recorded its first trade deficit since 1980. Japan has always exported a ton of stuff and imported all of its oil. The earthquake on March 11, 2011 shut down the nuc...
Japan’s trade switcheroo
The WSJ has a gloomy piece about Japan’s economy, which is expected to report its first annual trade deficit since 1980 on Wednesday, (as well as missing its target date...
The EBA 9% rule and the Eurozone crisis
Back in October 2011, James Ferguson, banking analyst at Arbuthnot Securities, warned that the EBA’s tough new capital rules could be about to make the eurozone crisis a whole...
New Banking Strategy? Head to Japan
Times are certainly changing when an investment bank is looking to Japan for growth.
Japan’s positive if unreliable indicator
In this sea of bad news, FT Alphaville would like to highlight a rare positive indicator — Japanese machinery orders in November.They soared 14.7 per cent compared to...
