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March 17, 2014

Japanese yen may fall below Y100 against the US dollar according to J.P.Morgan head of research

Japanese currency Copyright Peter Hanami 2005
Picture: Japanese currency 



"Mr. Sasaki (J.P.Morgan's head of Japan rates & foreign exchange research) ..believes the yen could "break below Y100 (against the dollar) in one year's time" which would be the lowest that it has been since November"



Source: Japanese investors will love $A again strategist
BY Bianca Hartge - Hazelman
Australian Financial Review
FRiday 28th February, 2014, page 22



March 15, 2014

Japan Post announces a $US 13 billion investment prior to public stock offering

Japan Post delivering mail in Japan Copyright 2014
Picture: Japan Post delivering mail in Japan 






"Japan's postal system which runs one of the worlds biggest banks as well as the nations largest insurers, has announced a $US$13 billion investment plan to pave the way for a public stock offering next year "




Source: Japan Post sinks $US $13bn to deliver float
BY Atsuko Fukase
The Wall Street Journal
The Australian Newspaper
Friday February 28th 2014, page 21

March 14, 2014

Bitcoin collapse in Japan reminds Japanese investors of prior fraud case involving "enten"

"While Bitcoin has faced relatively little scrutiny in Japan, it has invited comparisons to a scandal involving enten, an electronic currency used by a Tokyo company to defraud investors of billions of yen in the Mid-2000's"


Source: Bitcoin faces greater regulation after Mt.Gox collapse
By Hiroko Tabuchi & Rachel Abrams
New York Times
Australian Financial Review
Saturday 1st March 2014, page 11



March 13, 2014

Japan has a uranium inventory estimated at 100 million tonnes

" Japan's uranium inventory sits at 100 million tonnes and will swell by about a fifth this year if its nuclear generators remain idle"


Source: Japan's nuclear plans put a glow on uranium
The Lex column
Financial Times
The Australian Financial Review
Wednesday 5th March 2014, page 27