Word: rebounds
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...pumping just under $48 billion into the market since May. "It has been such a dramatic change in investor psychology," says Masaaki Kanno, chief economist at JP Morgan in Tokyo. But considering Japan's history of false-start recoveries over the past decade, the nagging question remains: Is this rebound for real...
...during his successful campaign to win re-election two weeks ago as president of the ruling Liberal Democratic Party (and, thus, Prime Minister). As he tells it, the healthier statistics are proof that his structural economic reforms are working. As a sign of the increasing political capital that the rebound has provided him, Koizumi quickly shuffled his Cabinet, reappointing his controversial finance czar Heizo Takenaka and replacing the ailing 81-year-old Finance Minister Masajuro Shiokawa with Sadakazu Tanigaki, a younger, more reform-minded legislator...
...perhaps the most definitive proof of Hong Kong's rebound is the disappearance of deep discounts on airline fares. The best deal still available is from flag carrier Cathay Pacific, aimed at travelers from the U.S.: a round-trip ticket from San Francisco, Los Angeles or New York costs $999, and includes a further stop in one of 17 other Asian cities. Lufthansa offers one of the best fares from Europe, from London...
After two disappointing losses in College Park, Md. last weekend, the Harvard field hockey team will be looking to rebound against No. 11 Connecticut at 4 p.m. this afternoon...
After two disappointing losses in College Park, Md. last weekend, the Harvard field hockey team will be looking to rebound against No. 11 Connecticut at 4 p.m. this afternoon...