Word: japanism
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...from G.I. Joe, and it was a clunker. The used-car farce The Goods: Live Hard, Sell Hard fell hard, cadging just $5.5 million and instantly qualifying for an federal auto bailout. Of the other new releases, Hayao Miyazaki's Ponyo, which had made $165 million in its native Japan, earned $3.5 million in the English-language version - which is not much, but is also not bad, considering the modest returns for Miyazaki's previous theatrical releases in North America (Princess Mononoke, $2.4 million; Spirited Away, $10 million; and Howl's Moving Castle, $4.7 million). The high-school rock musical...
...countries toward Sudan, and the international funding institutions like the IMF and the World Bank, we did not waste time and we started to look for new partners. From the first day, our policy was clear: To look eastward, toward China, Malaysia, India, Pakistan, Indonesia, and even Korea and Japan, even if the Western influence upon some [of these] countries is strong...
...running close to flat-out thanks to enormous infrastructure construction and brisk sales for new autos and apartments. That means it would appear to have little leverage in pursuit of the price cuts on iron ore that it seeks: a 45% reduction from last year's record levels. (Japan and South Korean steelmakers got cuts of 33% from 2008 levels...
...Taiwan? Certainly Japan and Taiwan are going to be beneficiaries because, in the case of Japan, they are a huge exporter of high-performance capital goods, very complex machinery and equipment like that, that most other countries can't produce themselves. Taiwan is a more component supplier of electronics. But the Taiwan bulls would argue that Taiwan is going to become the newest province of China; there is going to be a huge flow of real estate investment and industrial investment by mainland Chinese into Taiwan. I have trouble believing that...
Moving to Japan's stock market, which has been comatose for years, are conditions taking shape for its bull to reawaken? I think they are. Consumer confidence in July rose, exceeding expectations, and there's been a sharp acceleration in industrial production. Also, there is an election in another week, and it's pretty clear that the LDP [Japan's ruling party] is going to lose. The new party that's coming in intends to put through programs that will increase the amount of money that the average Japanese [person has], thereby stimulating personal spending. For example, it intends...