Word: tasker
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Paradoxically, one source of friction with other countries has been lessened. Explains Peter Tasker, a strategist for the investment-banking firm Kleinwort, Benson International: "This is the first recession in Japan that is wholly homegrown. They can't blame the Arabs for an oil-price increase or the unions or the Americans...
...been accelerated by rocketing oil prices abroad. Tokyo's Nikkei index has fallen from its peak of 38,915 last December to a closing price of 22,828 last week. "This has probably been the largest bear market in any country since World War II," says Peter Tasker, head of research at Kleinwort Benson International in Tokyo. In a fleeting burst of euphoria, the index zoomed a record 13% last Tuesday, but much of the gain was the result of frantic government moves to shore up the market. Among other things, the Finance Ministry gave investors easier access to borrowed...
...basing its current trade complaints at least partly on the problems Motorola has faced in getting frequency clearance in Tokyo for the cellular telephones it is selling in Japan; Tokyo considers the grievance too small to justify the hubbub surrounding it. Observes Peter Tasker, British author of The Japanese: "Japan is not alone in some of these disputes. Try selling telecommunications to the French...
...complicated human beings living together, confronting and battling one another from time to time, but ultimately yielding, compromising and coexisting in harmony." If Japan can extend that philosophy to its economic partners, relationships will thrive. In fact, the talk of Japanese internationalism is more than sentimental optimism. Says author Tasker: "They may not create their own momentum for change. They have to be pushed, but when they move, they move." The U.S. ought to give Japan greater credit for movement, even as it keeps up the pressure for more...
Died. John Tasker Howard, 73, historian and sympathetic critic of home grown music (Our American Music), whose biography, Stephen Foster, America's Troubadour, mined such nuggets as the fact that the No. 1 composer of fireside favorites got only $15 for Swanee River, a name he picked from an atlas after making a false start with "way down upon de Pedee ribber"; in West Orange...