Word: yen
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Dates: during 2000-2009
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OUTLOOK: The Bank of Japan will probably pump money into the economy to stimulate demand, and let the yen slump to boost exports. That threatens to destabilize other Asian currencies...
...playboy she reforms, was the biggest Hong Kong grosser since The Storm Riders in 1998. Help!!! (it was a big summer for punctuation), a hospital drama, mixed cynicism and sentiment in crowd-pleasing proportions. For New Year they offered the gorgeous, frantic, virtually all-girl Wu Yen, with Cheng as a warrior, Cecilia Cheung as an elfin enchantress and Anita Mui as both a King and his grandfather; it was the season's second-highest grossing film. Then came Love on a Diet, a romance about two grossly obese people determined to lose weight. It encased Lau and Cheng...
WHAT IT MEANS TO THE U.S. Once the chance of reforms diminishes, the yen may tumble toward [yen]160 to the dollar from [yen]123 now. A depreciation of such magnitude would make Japanese goods much cheaper on the world markets. But it could touch off a frenzy of me-too devaluations throughout Asia, including China and Korea. By devaluing their currencies, all these countries risk higher inflation and paying more to service foreign loans. "Remember, the last Asian financial crises got started after China devalued its currency," says Zonis. "So we've been down this road before. I think...
...good start for the club. On the day he signed up, Parma inked a contract to sell 10,000 Nakata jerseys in Japan. Every Parma match will be broadcast live in Japan on the Sky PerfecTV cable channel, netting more revenues for the Italian club. The lure of the yen is irresistible for English clubs under financial pressure from rising player salaries and keen to take their brands and their merchandise outside their saturated home market. The Premier League estimates that of the 440 million people globally who have access to televised games, more than one-third...
...What It Means to the U.S. Once the chance of reforms diminishes, the yen may tumble toward 160[yen] to the dollar from 123[yen] now. A depreciation of such magnitude would make Japanese goods much cheaper on the world markets. But it could touch off a frenzy of me-too devaluations throughout Asia, including China and Korea. By devaluing their currencies, all these countries risk higher inflation and paying more to service foreign loans. "Remember, the last Asian financial crises got started after China devalued its currency," says Zonis. "So we've been down this road before. I think...