Forbes (October 15)
“Amid chatter about the ‘Japanification’ of China’s economy, it’s wise to keep an eye on how Beijing’s troubles might scuttle Tokyo’s recovery, too…. Japan is uniquely vulnerable to China’s downshift amid myriad global headwinds and other dynamics—including controversies over patents.”
Tags: Beijing, China’s economy, Controversies, Downshift, Headwinds, Japanification, Patents, Recovery, Tokyo, Troubles, Vulnerable
Washington Post (October 1)
“Offices in many of the world’s major cities are struggling to find workers to occupy them.” In contrast, during 2023 “Tokyo will add some 1.26 million square meters… of new office space, with little trouble occupying it…. Foreign investors, some of whom are dumping properties overseas, are snapping up buildings.” While Tokyo’s post-COVID recovery “has been more circuitous…it may be more complete than global peers.”
Tags: 2023, Buildings, Circuitous, Foreign investors, Major cities, Office space, Overseas, Post-Covid, Properties, Recovery, Struggling, Tokyo, Workers
New Yorker (August 28)
“Japan is the first nation to experience a demographic tipping point where more than twenty per cent of the population is over sixty-five years old.” This magnifies the effects of climate change. Hot summer weather in Tokyo now lasts “some fifty days longer in recent years as compared with the twentieth century.” The additional “heat has proven a silent killer of these older citizens. Thirteen hundred people die of heatstroke annually in the country, the majority of them elderly.”
Tags: Climate change, Demographic, Elderly, Heatstroke, Hot, Japan, Magnifies, Over sixty-five, Population, Silent killer, Summer weather, Tipping point, Tokyo
Financial Times (May 16)
“Japan’s Topix rose to its highest level in almost 33 years on Tuesday, boosted by a rally led by foreign investors. Buyers have been drawn to Tokyo stocks by potential improvements to corporate governance, a return to wage inflation and the perceived stability of the market compared with geopolitics-riven Chinese stocks.”
Tags: 33 years, Buyers, Corporate governance, Foreign investors, Japan, Market, Rally, Stability, Stocks, Tokyo, Topix, Wage inflation
Wall Street Journal (August 26)
“Energy common sense is in short supply these days, so all the more reason to cheer Japan for rethinking its flight from nuclear power.” Germany is currently debating whether to keep “its three remaining reactors online. Maybe Japan’s decision will prove compelling. “This should be an easy call as natural gas shortages loom this winter. Advanced economies need reliable base load power, and at least Tokyo understands this.”
Tags: Advanced economies, Base load power, Common sense, Debating, Germany, Japan, Natural gas, Nuclear power, Reliable, Rethinking, Short supply, Shortages, Tokyo, Winter
Wall Street Journal (August 5)
“China’s firing of missiles near Japan has left little doubt that Tokyo would be pulled into any potential war over Taiwan—and would be part of the U.S.-led alliance likely to defend the island.”
Bloomberg (July 20)
There seems to be a split “forming between a growing number of bearish yen watchers in Tokyo and their more positive foreign counterparts.” With the yen at a 24-year nadir, “strategists are debating whether one of the year’s hottest macro trades—sell the yen—is overdone.” In Japan, many think “there’s still plenty of time to pile on shorts,” but overseas “analysts from Sydney to Geneva… say time is nearly up on the trade as the yen slips further toward the key psychological level of 140 per dollar.”
Tags: 140 per dollar, Analysts, Bearish, Foreign, Japan, Macro trades, Nadir, Overdone, Overseas, Shorts, Split, Strategists, Tokyo, Yen
Financial Times (June 29)
Hong Kong elite are visiting Japan on posh tours to invest in Tokyo. Property brokers say the tours demonstrate “the appeal of the weak yen” and “the way in which the Tokyo market seemed immune from the recessionary worries swirling around other capitals.”
Tags: Appeal, Brokers, Elite, Hong Kong, Immune, Invest, Japan, Market, Posh, Property, Recessionary, Tokyo, Tours, Weak yen, Worries
Reuters (August 1)
“As competitors battled for the podium on the third day of Olympic athletics on Sunday, it was Tokyo’s oppressive heat that perhaps dished out the most pain. Punishing conditions greeted athletes and officials as a trackside thermometer touched 40 degrees Celsius (104°F) and the humidity hovered around 60%, with sun beating down on an Olympic Stadium devoid of spectators due to COVID-19.”
Tags: 40 degrees Celsius, Athletes, Battled, Competitors, Conditions, COVID-19, Heat, Humidity, Officials, Olympics, Oppressive, Pain, Podium, Punishing, Spectators, Sun, Tokyo, Trackside
Washington Post (July 24)
“The cauldron is lit in Tokyo’s covid Olympics. Let’s hope it’s not a fuse.” Frankly, the IOC only has in place a “haphazard collection of rules.” The IOC president “is lying to 11,000 international athletes with differing immune status and levels of exposure who are gathered unsafely amid a pandemic.” There is no bubble. “The only bubble at the Tokyo Games is the spit bubble coming out of Thomas Bach’s mouth.”
Tags: Athletes, Bach, Bubble, Cauldron, Covid Olympics, Exposure, Fuse, Haphazard, Immune status, IOC, Lying, Pandemic, Tokyo, Tokyo Games, Unsafely
