Japan

Stocks finally digested some of the stellar gains seen year-to-date after the latest FOMC minutes rattled investor confidence. During Chairman Bernanke’s testimony to Congress last week, it became clear that the Fed is discussing p...
Stocks finally digested some of the stellar gains seen year-to-date after the latest FOMC minutes rattled investor confidence. During Chairman Bernanke’s testimony to Congress last week, it became clear that the Fed is discussing potential exit strategies, which inevitability sent a wave of worry across Wall Street as stimulus hopes faded away. U.S. equities took a dive in the second-half of the week, although bargain buyers helped to recover some lost ground on Friday after durable goods orders data came in better-than-expected [see also The Cheapest ETF For Every Investment Objective]. ETF Insider Recommendations Our Asia Pacific pick took a turn for the worst as selling pressures in Japan spilled over into the Aussie equity market, which also prompted us to take profits in our XLU position ahead of the prolonged holiday weekend. Last Week’s Actionable ETF Ideas Ticker Position Week Performance EWA Long -1.5% XLU Long +8.8% Closed Trade: Long EWA: [...]Click here to read the original article on ETFdb.com.Related Posts:How To Use A Pairs Trading Strategy With ETFsDaily ETF Roundup: DXJ Tumbles After Nikkei Freefall, XLU SlumpsETF Insider: Asia Pacific Country Fund Looks Ripe For Rebound, Gold Offers A HedgeETF Insider: Bull Run Continues, Short Trade Gets Stopped Out Daily ETF Roundup: YCS Pops On Weaker Yen, XLU Slides Alongside Utilities
12 minutes ago
Prime Minister Manmohan Singh will undertake a five-day official visit to Japan and Thailand from Monday.
Prime Minister Manmohan Singh will undertake a five-day official visit to Japan and Thailand from Monday.
about 1 hour ago
Economic uncertainty surrounding the U.S. government sequester, European debt crisis and weakening GDP in China has resulted in volatile spending patterns across most segments of the market. According to the latest market study by Intern...
Economic uncertainty surrounding the U.S. government sequester, European debt crisis and weakening GDP in China has resulted in volatile spending patterns across most segments of the market. According to the latest market study by International Data Corporation (IDC), as a result of the current economic climate, business technology spending was slightly below expectations in the second half of 2012 and first quarter of 2013. IDC now projects worldwide IT spending growth of 4.9 percent this year in constant currency, down from the previous forecast of 5.5 percent growth -- and representing a slowdown from the 5.6 percent growth recorded in 2012. As a result, IT spending will reach $2.06 trillion in 2013. Including telecom services, ICT spending will increase by 4.5 percent to $3.7 trillion. So, what are the key trends that are shaping the updated global forecasts? Deteriorating PC Shipments The reduction in IDC’s overall forecast for 2013 is largely driven by rapidly deteriorating PC shipments since the second half of 2012. IDC now expects PC spending to decline by 3 percent in constant currency this year, representing a third successive year of declining PC revenues. The shift to mobile devices remains a key driver for overall tech spending growth. Excluding mobile phones and tablets, worldwide IT spending increased by only 2.8 percent in 2012 and is forecast to grow by just 2.6 percent this year. Worldwide spending on smartphones will increase by 17 percent in 2013 while tablet spending will grow by 32 percent. The combined growth rate for PCs and tablets, meanwhile, will remain stable in the range of 4-5 percent. Cloud Services Cannibalizes Software and IT Services Just as tablets are cannibalizing PC spending, so the growth of managed cloud services continues to cannibalize commercial software and IT services. Software spending in the U.S. grew slightly slower than forecast in 2012, and IDC has consequently reduced the U.S. software forecast to 6 percent growth for 2013 (from 7 percent). IT services demand remains stable, but the pass-through from capital spending and software deployment remains tepid by historical standards. IDC now forecasts growth of 5.6 percent in worldwide software spending in 2013 (constant currency), and 3.8 percent in IT services. Decline in Server Revenues IDC's assessment also suggests a decline in overall server revenues while storage infrastructure spending will cool somewhat after the major spending cycle of 2011/2012. IDC now projects 2.4 percent growth in worldwide storage hardware revenues this year, down from 6.1 percent growth in 2012. Network infrastructure investment was strong in 2012, as many carriers invested in the deployment of LTE networks, but this will also cool in 2013. Service provider spending on network equipment will increase by 1.1 percent this year, compared to 5.8 percent in 2012. Enterprise network spending should remain more stable, projected to post growth of 6.8 percent. The Global Networked Economy Emerging markets are still the engines of growth for Worldwide IT spending, with strong trends continuing in markets such as India and Brazil in recent months. The weakest-performing geographies will be Western Europe and Japan, where slow economic growth is inhibiting IT spending while the U.S. market remains fragile in the context of political uncertainty. "It's all about the economy," said Stephen Minton, Vice President at IDC. "Our surveys confirm that underlying demand for IT products and services remains strong, but that businesses are once again being forced to delay new projects or investments in the face of longer decision-making cycles and a lack of short-term visibility. This storm could pass quickly, if governments in the U.S., Europe, China and Japan succeed in steering their ships towards calm waters in the second half of the year." That being said, it's the savvy forward-looking executive leaders who continue to invest
about 1 hour ago
Whichever way the mistral wind blows on Sunday when Steven Spielberg’s jury hands out its awards, it’s fair to say that for critics, the Competition has been divisive. While a number of films received huzzahs in the Palais, several were ...
Whichever way the mistral wind blows on Sunday when Steven Spielberg’s jury hands out its awards, it’s fair to say that for critics, the Competition has been divisive. While a number of films received huzzahs in the Palais, several were met with mixed reactions. Among the best received were the Coen brothers’ Inside Llewyn Davis, Steven Soderbergh’s Behind The Candelabra, Paolo Sorrentino’s The Great Beauty, Hirokazu Kore-Eda’s Like Father Like Son, and Abdellatif Kechiche’s Blue Is The Warmest Color. Among the not so hot were Nicolas Winding Refn’s Only God Forgives and Takashi Miike’s Shield Of Straw, both of which were subject to boos during press screenings. And, yet, each has its supporters. Only God Forgives had something to live up to. Winding Refn and star Ryan Gosling were the darlings of Cannes two years ago when the former won the directing prize for Drive. But God Forgives‘ violence and extreme exercise in style were a turn-off for many. Still, The Guardian gave it five stars. One veteran critic adds that supporters also “tend to be French and genre specialists.” Libération calls Gosling, “The greatest actor of all time in the galaxy of the world.” Shield Of Straw, from the prolific and iconic Japanese director Miike was booed, “not because it’s totally awful, but because it really didn’t belong in Competition,” I’m told. But The Japan Times says it’s the type of film that’s “beloved by the local industry.” Warner Bros. recently released in Japan for about $12M in the first three weeks. Other divisive titles include A Castle In Italy, the sole Competition film directed by a woman. Some see the semi-autobiographical story as too bourgeois, but France’s Première finds it transcends helmer Valeria Bruni-Tedeschi’s previous work. Many agree James Gray’s The Immigrant boasts a strong performance from Marion Cotillard as a Polish immigrant in early 20th century New York. But terms tossed around about the film alternately include “extraordinary,” “unengaging,” “sublime,” “lame,” and “superbly directed.” Whether a film’s future career depends on its reception here is debatable, some say. Amat Escalante’s Heli scored low on critics’ lists, but still closed deals. Sales agent Fiorella Moretti tells me divided reviews didn’t much change her ability to sell the film. She allows that U.S., UK and Latin American (especially Argentinian) distributors rely on reviews, “but it’s not the last word.” Given the homefield advantage, a film’s French career can be tarnished if the local press doesn’t like it. (A distributor says the same goes for the Venice Film Festival where a bad reaction from the Italian press does no favors to a film’s prospects in Italy.) Still, if a film is not scheduled for release immediately following a festival, the reaction can blow over and the marketing can be tweaked. If a film needs reviews to help push it, then positive critiques “can bring a smaller movie into the limelight,” an offshore sales agent says. If films are mainstream, they can sometimes get past negative critical reaction. Conversely, even good reviews at Cannes can’t guarantee success at the box office. Last year’s Brad Pitt-starrer Killing Them Softly debuted in Competition to largely positive notices but only made about $15M in the U.S. and another $22M foreign. Speaking of box office, France’s Relax News pulled together some interesting figures on what Palme d’Or winners have done in receipts over the past 25 years. According to the research, Michael Moore’s controversial 2004 documentary Fahrenheit 9/11 is the top scoring victor with about $220M in receipts, followed by 1995’s Pulp Fiction with $214M. Roman Polanski’s The Pianist rounds out the top three with $120M. His Venus In Fur screens here in Competition today.
about 1 hour ago
Cerezo Osaka ( 2 – 1 ) Nagoya , Japan on The 25th of May, 2013 at five to one Podcast:
Cerezo Osaka ( 2 – 1 ) Nagoya , Japan on The 25th of May, 2013 at five to one Podcast:
about 1 hour ago
An atomic research lab in northern Japan has reported a radiation leak that may have affected about 50 people, though none were hospitalized and no impact was expected outside the facility, the lab's operator said Saturday.
An atomic research lab in northern Japan has reported a radiation leak that may have affected about 50 people, though none were hospitalized and no impact was expected outside the facility, the lab's operator said Saturday.
about 1 hour ago
Mike’s comments regarding his recent stopover in Japan struck a chord that has been resonating within me for a week or two. Redgannet was originally conceived as a way to encourage my colleagues (in case you haven’t read the profile, I w...
Mike’s comments regarding his recent stopover in Japan struck a chord that has been resonating within me for a week or two. Redgannet was originally conceived as a way to encourage my colleagues (in case you haven’t read the profile, I work as a flight attendant for an international airline) out of the shops and their hotel rooms to experience something that the local natural scene has to offer. My success in this respect has been very modest, but Mike caused me think that instead of trying to drag folk from their beds, I should be sharing with people who are passing through, either in transit or on a layover. I usually write about sites accessible from the cities that I visit, but seldom make any mention of sites that can be reached from the airport. For passengers passing through with transit times of more than a couple of hours, such an opportunity could be just what they are looking for. Perhaps I have missed my calling. Let’s take Singapore’s Changi International Airport as an example; it is a huge hub airport with large numbers of people passing through in transit to Australia, Indonesia and south-east Asia. Anyone with more than a couple of hours to kill could easily make a quick birding foray out from the airport. The clean, easy and modern Subway/Metro system here is known as the SMRT (map, and fare/time calculator link) and there is a station at the airport (Google Earth cut and paste ref; 1°21’27.49″N 103°59’20.64″E (If you don’t already have Google Earth, it can be downloaded for free at this link)). Alternatively, taxis are cheap and plentiful. Asian Glossy Starling Here are two sites that I visit regularly which can easily be reached from the airport by SMRT  or taxi cab and given a cursory look within a couple of hours. If you knew there was an Asian Glossy Starling close by wouldn’t you want to go looking for it? But, remember to be back in plenty of time for your onward flight! Some time management tips; It may take some time to disembark and fulfill the formalities. Allow 30-40 minutes from landing to getting out of the airport and return to the airport with a minimum of an hour before your next flight. Check your hold luggage all the way through from your airport of origin to your destination and obtain a boarding card for your next sector at the same time. This will leave you less time stressed on your return to the airport. If you wish to leave the airport during your transit, you will need to present a landing card to immigration. Request a card and complete it on-board to make the most of your time. Have a small amount of Singaporean dollars to pay for taxis, trains and drinks. A taxi from the airport to Singapore Botanic Gardens could cost  S$20 – 30 depending on traffic, so bring at least S$60 (Exchange rate calculator). If you don’t get to spend it, you can use it on board, or change it back later. Taxi v SMRT – The SMRT is the excellent, clean, safe, reliable, cheap transport system of Singapore. It will cost just over S$2 per passenger for the same journey to the Botanic Gardens. The SMRT is predicted to take 50 minutes to the gardens, but a cab would probably manage it in 30 minutes. Taxis can usually be found quickly and easily unless it is raining. Don’t carry too much hand baggage. You will either have to leave it at the airport and collect it later (using up precious time), or carry it with you in hot, humid conditions. Below are details for Paser Ris and Singapore Botanic Gardens. My favourite site in Singapore is Paser Ris. It is easy to get to and from and very easy to get around. The birding is not exceptional, but you can easily see some of Singapore’s and South-east Asia’s more common species and it does throw up the occasional jewel. Occasionally there are days like this!                Paser Ris is a small park within 10kms of the airport, probably about 15 mins in a cab. Taxis are easy to find from the airport and would be easy to
about 2 hours ago
Orix Corporation, a leading integrated financial services group of Japan, has announced its decision to foray into the Mongolian financial services business through an alliance with TenGer Financial Group (TFG), a major Mongolian financi...
Orix Corporation, a leading integrated financial services group of Japan, has announced its decision to foray into the Mongolian financial services business through an alliance with TenGer Financial Group (TFG), a major Mongolian financial group.
about 2 hours ago
Apologies for thin links. I’m on Melissa Harris-Perry’s MSNBC show at around 11:30 on Saturday, which entails some prep and turning in earlier than usual. I’ll catch up in tomorrow’s links. Cockroaches quickly lo...
Apologies for thin links. I’m on Melissa Harris-Perry’s MSNBC show at around 11:30 on Saturday, which entails some prep and turning in earlier than usual. I’ll catch up in tomorrow’s links. Cockroaches quickly lose sweet tooth to survive R&D Magazine (furzy mouse) Whey Too Much: Greek Yogurt’s Dark Side Modern Farmer (Carol B) 5 Most Horrifying Things About Monsanto—Why You Should Join the Global Movement and Protest on Saturday Alternet Physicists Create Quantum Link Between Photons That Don’t Exist at the Same Time Science Now (furzy mouse) Weinstein’s theory of everything is probably nothing New Scientist (Lambert). Countering an enthusiast link from yesterday Veteran fears ‘beginning of the end’ for Japan as bond market buckles Ambrose Evans-Pritchard, Telegraph Fracking could ruin German beer industry, brewers tell Angela Merkel Telegraph (Lambert) Stay Out of Syria! New York Review of Books. This looks to be an example of what I call leading edge conventional wisdom. America’s Wars, Ranked Gawker. The shortcoming of this list is that it does not include America’s undeclared wars. Can readers point to a good tally? Has Obama tightened US drone strike policy, or not? Christian Science Monitor Apologia pro dronis suis Michael Smith (Carol B) The future impact of US defense spending Cardiff Garcia, FT Alphaville Falling inflation complicates the Fed’s QE exit plan Gavyn Davies, Financial Times The Resurrection of Ben Bernanke Counterpunch (Chuck L) Bet against Treasuries at your own risk Financial Times Cooper Union: Secret Transcript of Board of Trustee Meeting Reveals Talk of Shut Down Village Voice (Lambert) Anthony Weiner’s mayoral site features the Pittsburgh skyline Capital New York (Chuck L) Alabama cities lead list of porn-loving religious places, poll says Alabama.com (Chuck L) Does Apple’s Cook Cook the (U.S. tax) Books? Linda Beale Internal Wall Street pitchbook shows that you, the clients, are suckers Daily Kos (Carol B). Quelle surprise! America’s Top Colleges Have A Rich-Kid Problem Clusterstock Antidote du jour (martha r):
about 3 hours ago
A delay in Japanese Prime Minister Shinzo Abe and his wife moving into their official residence, the site of past assassinations, has revived talk of ghosts in the corridors.
A delay in Japanese Prime Minister Shinzo Abe and his wife moving into their official residence, the site of past assassinations, has revived talk of ghosts in the corridors.
about 3 hours ago