October 07, 2012

Cash rich Japanese companies and a strong yen in a different position than Europe & America

"Japanese companies are cash-rich at a time when Europe is in turmoil and America is in risk-aversion mode.The expectation is that the strong yen will lead to an explosion of mergers-and-acquisitions that pumps up profits"

William Pesek
Business Day
The Age newspaper
Wednesday July 4, 2012, page 13

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