New York Times (March 30)
“There’s nothing pretty about the details of Foxconn’s deal to take control of Sharp. And fixing Sharp, the loss-making Japanese electronics manufacturer, will be a tough slog for Foxconn.” But this transaction may just make history. It presents Exhibit A that Japan is capable of the sort of corporate reform critical to overhauling its economy.”
Tags: Corporate reform, Economy, Electronics, Foxconn, History, Japan, Loss-making, Manufacturer, Sharp
Investment Week (March 30)
“The past two weeks have seen a major transition in central bank philosophy, and possibly a renewed sense of coordination.” Central bankers seem to be signaling that they will not push further with negative rates and will instead embrace other methods, some non-conventional. “So far, markets have been euphoric at this turn away from the abyss and back towards some kind of ‘normality.’”
Tags: Central bank, Coordination, Markets, Methods, Negative rates, Non-conventional, Normality, Philosophy, Signaling, Transition
