RSS Feed

Calendar

March 2024
M T W T F S S
« Feb    
 123
45678910
11121314151617
18192021222324
25262728293031

Search

Tag Cloud

Archives

Financial Times (April 4)

2022/ 04/ 05 by jd in Global News

The Tokyo Stock Exchange received its “biggest overhaul in 60 years,” and left many unimpressed. “The exchange is now divided into three sections—prime, standard and growth,” but “domestic and global investors said the streamlining effort was a squandered opportunity.” Prime section market cap was set at only ¥10 billion while investors had hoped for ¥100 billion. Several hundred companies that didn’t make even that low bar were still allowed exceptional entry. “To widespread disappointment, the reshuffle has not significantly raised the bar for membership, resulting in 1,839 companies qualifying for the prime section.”

 

The Guardian (April 12)

2021/ 04/ 13 by jd in Global News

“Japan does not especially want to deliver the prestige of the first major global sporting event since the pandemic started to China.” Cancelling the Olympics would also place “billions of dollars at stake.” But “set against that are the lives that could be lost…. Undoubtedly, the cancellation of the Games would lead to disappointment and financial losses. However, these factors must be weighed against any risk that the Olympics could make the pandemic worse.”

 

Reuters (January 29)

2021/ 01/ 31 by jd in Global News

“Equity analysts are still counting on a speedy reopening. They expect the 1,585 companies included in the Global MSCI Index to report 6% higher net profit this year than they did in 2019, and 21% higher earnings in 2022.” Constituents are “still valued on an average multiple of 21 times this year’s forecast earnings, far above a long-term average of 16 times. With the path out of lockdowns looking uncertain, such exuberance is likely to end in disappointment.”

 

Financial Times (June 25)

2019/ 06/ 27 by jd in Global News

“The latest Brexit fantasy is the most absurd of all. Article 24 of the WTO’s underlying treaty is not a solution to no-deal.” If Boris Johnson wins the election, “he needs to have a plan ready to deal with the disappointment of his followers when it turns out they were sold policies under false pretences. A unilateral invocation of part of Article 24 is not a way out of the UK’s Brexit predicament. If Mr Johnson and his followers do not know that, they soon will.”

 

Wall Street Journal (June 4)

2018/ 06/ 05 by jd in Global News

Despite the “unanimous concern and disappointment” expressed in a statement by G7 members Canada, France, Germany, Italy, Japan and the UK, ”the Trump administration showed no sign of backing down from restrictive tariffs” or provided any indication “that the administration was wary of inching closer to a trade war.”

 

New York Times (March 19)

2014/ 03/ 19 by jd in Global News

Will Crimean exuberance over a Russian homecoming soon turn to disappointment? History suggests as much. When South Ossetia was liberated from Georgia in 2008 “people were delighted to see the Russian soldiers…. But within a few months of Russia’s recognition, shivering through the winter behind windows made of plastic sheeting, people began to wonder when the billions of rubles of aid pledged by Russia would reach them.”

 

[archive]