Word: sasaki
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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...
...firm of Sasaki Associates, Inc. has been chosen to modify the building, which has not been significantly renovated since the 1960’s. Sasaki has previously designed fitness facilities at MIT and Brandeis University...
...Heid, whose reports had prompted the Mariners to sign outfielder Ichiro Suzuki and relief pitcher Kazuhiro Sasaki, has been tracking Matsui for six years. His scouting report: "Extremely strong arm. Outstanding range, comparable to Omar Vizquel's. Fast as a bullet train." Suzuki, the quickest player in the American League, says Matsui is even quicker than...
This has been a tough summer for Japanese baseball. Stadiums have been relatively empty, and televised games have attracted far fewer fans, many of whom prefer to tune in each morning to watch live broadcasts of the Seattle Mariners, featuring Japanese stars Ichiro Suzuki and Kazuhiro Sasaki. In the U.S., Japanese players are the new thing, the "It" boys of baseball. Back home, the national sport has spent summer in the dumps...