Word: chasings
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Dates: during 2000-2009
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...company betting on a yen reversal may have a long wait. Tohru Sasaki, chief currency strategist in Tokyo at JPMorgan Chase & Co., believes the dollar-yen exchange is reaching a sustainable average. "The yen's level until last year was abnormally weak. Now it's coming back to normal," he says. Compared to the mid-1990s, he says, the strong yen's negative impact on the Japanese economy is "not that large." To have the same effect as the postwar peak in 1995, the exchange rate would have to reach 48 yen to the dollar, he says, because...
...dollar within three months and to 83 over the next year. Intervention, he says, will come at the 85-level, but even then it is difficult to predict what will happen. "What we're seeing is the unwinding of the yen carry trade," says JPMorgan Chase's Sasaki, referring to the practice of buying low-interest yen and investing it in high-yield currencies. "It's a very strong and powerful movement and it's difficult to stop it. I think that Japanese officials understand that and that's why they haven't intervened...
...suddenly decide to ally with his former hostage—or why the seemingly rational Barkley would go along with the plan—is left completely unexplained. Nonetheless, it seems the viewer is meant to root for the brothers as they carry out their plan. A rather exciting chase scene follows the payment of the ransom, and this clever sequence marks a highlight of the film. Unfortunately, it also divides “Nobel Son” between its mildly entertaining opening act and its manic, absurd conclusion. Indeed, the film veers wildly off track in its second hour...
...based executive-recruiting firm, is receiving 50% more unsolicited contacts from those seeking high-end jobs than in previous years, says Jory Marino, who heads the firm's North American office. And in case it's not painfully obvious, says Mickey Matthews, who directs North American operations for Stanton Chase International, a global executive-search firm based in Dallas, "the supply-demand imbalance certainly favors employers...
...supposed to be a surviving bright spot, where international carmakers, beleaguered at home, could still find new sales and profits. But with the market shifted into reverse, the already fierce competition between foreign and Chinese automakers like Chery and Geely will only intensify. Discounting has become widespread as carmakers chase fewer customers with special deals, eating into profit margins. "When growth is slowing down, everyone will be trying to defend market share," says David Jin, managing director of Boston Consulting Group in Shanghai...