Category Archives: BUSINESS

Japan's stock market leads falls but rally may not be over

Markets fell on Monday.

The S&P 500 fell 0.3 percent, the STOXX Europe 600 fell 0.4 percent and the Nikkei 225 fell 1.3 percent.

While Japanese stocks fell on Monday, Russ Koesterich, portfolio manager for BlackRock’s Global Allocation Team, thinks that the Japanese rally may not be over.

Among the positive factors for the Japanese stock market, Koesterich listed reasonable prices (cheapest in the developed world), supportive monetary policy, rising inflation and improving corporate sector

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Trump — and the United States — at the crossroads in Asia

Author: Sourabh Gupta, ICAS

Placing his palm on the same Bible that President Lincoln used at his inauguration, Donald J. Trump was sworn in amid pomp and protest as the 45th president of the United States on 20 January. On the same day 156 years ago, with the Civil War looming, Lincoln had counselled his countrymen to renew the common ties that bound them. ‘We are not enemies, but friends … we are not, we must not be aliens or enemies but fellow countrymen and brethren’ he had vainly noted. President Trump’s message, by contrast, was hardly intended to appeal to the better angels of America’s nature. Yet as he gets down to the gruelling task at hand, Trump would be wise to apply Lincoln’s appeals to his international allies and partners, notably in the Asia Pacific.

US President Donald Trump, flanked by Vice President Mike Pence (L) and White House Chief of Staff Reince Priebus (R), looks up while signing an executive order on the reinstatement of the Mexico City Policy in the Oval Office of the White House in Washington 23 January 2017. (Photo: Reuters/Kevin Lamarque).

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For the better part of 70 years, the United States has, by and large, been a force for good in Asia, deploying its superior strength and resolve in the service of secure sea lanes, open markets and …continue reading


Cute, Cool and Colorful: Stationery Shops in Tokyo

Source: Tokyo Cheapo

Japan is great for many things, food, culture and believe it or not stationery. This doesn’t come as a big surprise though, with the Land of the Rising Sun of course being the home of the artistic craft of origami. Stationery always seems to be one of those necessary staple items. Pens, paper, post-it notes—we all need ’em and we can all buy it from a range of incredible Tokyo stationery shops. Whether for yourself or a loved one back home, as always, Japan doesn’t disappoint.
Kakimori (Kuramae Station)

This place is top for writing. It is a stationery shop specializing in pens, inks and letter sets. Everything is chosen based on level of comfort and you can try different fountain pens to find one that suits you. You c

The post Cute, Cool and Colorful: Stationery Shops in Tokyo appeared first on Tokyo Cheapo.

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Nendo and Dentsu Form Alliance, Establish New Business Design Entity Cacdo

Globally recognized design firm Nendo and ad agency Dentsu have entered into a strategic alliance, resulting in a new business design entity called Cacdo.

According to a press release, the new entity was established on January 21,2017 and will begin operating on February 1, 2017. Cacdo (カクド) means “angle” in Japanese, and is assumed to convey the intent and expertise of the new entity: nendo’s creativity and speediness in the categories of product, space and visual design, combined with Dentsu’s production and communication design skills.

In an interview in 2015 nendo founder Oki Sato hinted that he was interested in getting more into design consulting. This appears to be one manifestation of that aspiration as Cacdo plans propose branding and design solutions for corporate clients.

The entity will be 80% owned by nendo and 20% owned by Dentsu and the entity will occupy offices in the same space as Nendo, but Dentsu executive Satoshi Matsuda will be taking the helm.

A similar transaction took place last year in which Dentsu’s competitor and ad agency Hakuhodo acquired design firm IDEO. We’ll look forward to what Cacdo has in store in the future.

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Panasonic’s low bid for PanaHome: Stewardship fan GPIF silent


Excellent Financial Times article on the silence which the Government Pension Investment Fund is maintaining about the low price at which Panasonic is offering to acquire the 46% of PanaHome it does not already own. Parts of the market are calling for GPIF to speak up especially in view of its vocal support for Japan’s 2014 stewardship code. The Fund is PanaHome’s biggest outside shareholder owning 3.5% through various asset managers.

© 2016 Japan Pensions Industry Database/Jo McBride. Reporting on, and analysis of, the secretive business of Japanese institutional investment takes big commitments of money and time. This blog is one of the products of such commitment. It may nonetheless be reproduced or used as a source without charge so long as (but only so long as) the use is credited to and a link provided to the original text on that site.

This blog would not exist without the help and humour of Diane Stormont, 1959-2012

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