Word: shimanaka
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...month. Moreover, earnings and corporate balance sheets around the world are as healthy as they have been in years. In Japan, corporate profits have climbed for four straight years (the longest sustained increase since the 1970s) and consumer spending is rising briskly on the back of declining unemployment. Yuji Shimanaka, chief economist at Mitsubishi UFJ Research and Consulting in Tokyo, says Japan is now in "a golden cycle." So, for now, is much of the world. "It comes down to very simple macroeconomics," says Subir Gokam, an economist at CRISIL, India's largest credit-rating firm. "The global economy...