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...There are other signs that Japan's economic fog is lifting. Despite their reputation for chronic unprofitability, the country's major listed companies posted a combined total annual income in fiscal 2002 that was 20% higher than in the previous record year of 1990, according to Merrill Lynch. Meanwhile, periodic routine government updates on key indicators, such as job growth, wage growth, executive sentiment and capital investment, have all revealed significant improvements. And most recently, the International Monetary Fund has joined the party, revising its projected 2003 economic-growth rate for Japan from 0.8% to 2.0%?while downgrading the Eurozone...

Author: /time Magazine | Title: Is Japan's Resurgence For Real? | 9/29/2003 | See Source »

...this has prompted a host of foreign and domestic observers to conclude?as many have during every uptick since the early 1990s?that Japan's decisive economic turnaround has finally begun. Merrill Lynch's chief Japan economist, Jesper Koll, has gone so far as to declare in the Daily Yomiuri newspaper that the economy has reached an "inflection point." "Make no mistake," he asserts. "Japan is back...

Author: /time Magazine | Title: Is Japan's Resurgence For Real? | 9/29/2003 | See Source »

...men’s team had its front line and blue line lynch pins, senior Tim Pettit and junior Noah Welch, named to the all-conference team. The Crimson was the only team to have two players named and both indicated that it was an unexepected honor...

Author: By Timothy M. Mcdonald, SPECIAL TO THE CRIMSON | Title: ECAC Picks M. Hockey First in Preseason Poll | 9/23/2003 | See Source »

Daryl Hannah has a potent monologue about giving birth to three children, all of whom succumb to birth defects. Susan Lynch tears your heart out as she imagines passing a snow day in Boston with the child she does not have; her hotel maid (Vanessa Martinez) dreams of the child she gave up for adoption. One speaks Irish-accented English, the other Spanish. They can't understand each other, but they do communicate on some very basic level. Aside from Marcia Gay Harden, above, covering a hard-used life with near sociopathic behavior, the other characters are less well developed...

Author: /time Magazine | Title: When Hope Springs Maternal | 9/22/2003 | See Source »

...largest economy, the global lift-off falls flat--and after a decade of false starts, it's hard to believe this economy is turning. Yet personal income and both consumer and business spending are suddenly surging, so believers are beginning to emerge. David Bowers, chief global strategist for Merrill Lynch, recently upgraded Japan from underperform to neutral. If the global recovery is strong, Japan's export businesses have a long way to rise, he reasons. He likes the banking sector most. Consider a fund like Fidelity Japan. Better to tiptoe into Japan for now. One of these days the turn...

Author: /time Magazine | Title: Investing: Buy Foreign! | 9/22/2003 | See Source »

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