Word: nihon
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Dates: during 1990-1999
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EXPLAINING to the Japanese newspaper Nihon Keizai Shimbun why he had not been promoted to grand champion, American-born sumo wrestler Konishiki said, "Strictly speaking, this is racial discrimination." By week's end, however, the 576-lb. idol backed down and said his remarks had been "misinterpreted...
...just stood there blankly," said a floor dealer. Another market watcher described it as a "bottomless swamp." The market edged upward on Friday as bargain hunters poured in, but a new era of wariness had clearly arrived. THE MARKET THAT WAS DREAMING A DREAM, blared a headline in Nihon Keizai Shimbun, a financial daily...