Wall Street Journal (June 10)
“Growing fears of a surge in coronavirus infections sent the stock market tumbling Thursday, pulling the Dow Jones Industrial Average down more than 1,800 points for its worst day since March.” In recent days “investors have gotten more signs that the smooth reopening they have been hoping for may be increasingly difficult to achieve—throwing into doubt their hopes for a nascent economic recovery.”
Tags: Coronavirus, Dow Jones, Economic recovery, Fears, Infections, Investors, Stock market, Surge, Tumbling
Washington Post (May 13)
As countries around the world “explore ways to end stay-at-home orders, countries that had already opened up are closing down again after renewed spikes in infections. Lebanon on Tuesday became the latest country to reimpose restrictions after experiencing a surge of infections, almost exactly two weeks after it appeared to contain the spread of the virus and began easing up.”
Tags: Closing down, Infections, Lebanon, Open up, Restrictions, Spikes, Spread, Stay-at-home, Surge, Virus
Reuters (October 4)
Though Ireland still expects negative impacts from Brexit, the country is busy making lemonade with what otherwise might just be lemons. “Ireland’s central bank has seen a surge in financial services firms seeking to set up or extend their operations in Ireland as a result of Brexit and is processing over 100 applications.” So far, Barclays, Legal & General Investment Management and Standard Life Aberdeen are among the companies who have chosen Dublin as a post-Brexit base.”
Tags: Applications, Barclays, Brexit, Central bank, Dublin, Financial services, Ireland, Legal & General, Negative impacts, Standard Life Aberdeen, Surge
Reuters (February 21)
“The recent surge in market volatility, by some measures one of the most dramatic on record, will have zero impact on investor returns beyond a few months. Literally zero.” Investors are better to hold tight to their investments. “In fact, the turbulence that wiped $4 trillion off the value of world stocks earlier this month is already fading.”
Tags: Dramatic, Impact, Investors, Market volatility, Returns, Surge, Turbulence
Nikkei Asian Review (July 9)
“Japan’s listed companies saw their aggregate sales surge 20% from fiscal 2000 to 2016, while their net profit soared by nearly 40%. A look at some of the best performers suggests the growth can be chalked up to two key factors: globalization efforts and new business models.”
Tags: Best performers, Business models, Globalization, Growth, Japan, Net profit, Sales, Surge
Institutional Investor (January 9)
“Tiger-related funds are not celebrating the market’s 2016 surge.” While some “stock market investors have been whooping it up after the Standard & Poor’s 500 stock index posted an unexpectedly strong 9.5 percent gain last year,” Tiger funds were left licking their wounds. Wrong-footed by the election of Donald Trump, many Tigers tumbled far into the red, undoing solid performance earlier in the year.
Tags: 2016, Election, Investors, Performance, S&P 500, Surge, Tiger funds, Trump, Wrong-footed
Wall Street Journal (September 26)
“As the oil bust shows little sign of reversing, independent refiners in China have emerged as perhaps the most important, and little-known, force in oil markets today.” Known as “teapots,” these refiners accounted for the vast majority of the 13.5% surge in imports this year by China, which now rivals the U.S. as world’s largest crude importer.”
Time (September 13)
“The median household income for a family in America surged last year, the first time since before the Great Recession when there was a year-over-year increase in earnings. Median household income in the United States was $56,516 in 2015, an increase of 5.2% in inflation-adjusted dollars from the 2014 median of $53,718.”
Tags: Earnings, Family, Great Recession, Household income, Surge, U.S.
Bloomberg (December 15)
“A surge in Tokyo’s elderly population over the next 10 years may overwhelm urban healthcare systems; while depopulation and stagnant economies in rural Japan are set to leave nursing homes and hospitals half-empty.” Prime Minister Shinzo Abe is pushing “an audacious idea” of motivating urban elderly to relocate to Japan’s countryside.
Tags: Abe, Audacious, Countryside., Depopulation, Elderly, Healthcare, Hospitals, Japan, Nursing homes, Rural, Surge, Tokyo, Urban
Wall Street Journal (May 9)
“Driven by a surge in international interest, total commercial property transactions in Tokyo jumped 71% to $10.1 billion from the same period last year, leaping above New York and London.” Tokyo’s commercial real estate market was the largest in the world during the first quarter of 2014. This marked “the first time the Japanese capital has topped an ongoing survey of the world’s major cities launched a decade ago.”
Tags: Commercial property, Japan、New York, London, Market, Real estate, Surge, Tokyo, Transactions
