Word: offing
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Dates: during 1970-1970
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Many other blue-chip companies have lost their historic appeal to big investors, partly because their growth prospects look small, and partly because of young brokers' thirst for quick gains. Under the circumstances, better news than any rise in the Dow may be that the Big Board's...
If World War II had ended differently, Germany and Japan today might be waging a cold war for military-political supremacy in other countries. Instead, their rivalry is commercial. Thanks to the first postwar "economic miracle," the Germans got a long head start in penetrating world export markets. Even in...
The Japanese gains have been greatest in the U.S., the world's richest market. Ten years ago, West Germany shipped 30% of all foreign electrical goods sold in the U.S., Japan very little. Today, the Japanese share has climbed to about half, while the West German share has shrunk...
Kimonos in Düsseldorf. The Japanese challenge has left the Germans far behind in steel production and shipbuilding. Japan's yards now build more than half the world's shipping tonnage, German yards less than 9%. The Japanese say that some of the German orders come from...
The Germans complain, as do many U.S. businessmen, that much of the Japanese competition is unfair. They say that Japanese manufacturers earn high profits selling in a home market that is virtually closed to foreign competition, then use these profits to subsidize cut-price export sales. The Japanese exporters also...