This may be good for Asahi, but it doesn't change weak economic fundamentals and the fact that no viable policy concerning the sour-loan dilemma has emerged from the government.
More Quotes from Hidenori Karaki:
The dollar has been stable in the middle of the 115-116 yen range. This is probably the main factor behind the gains.Hidenori Karaki
Techs had been leading Tokyo's recent advance along with banks. Even though growth potential is bright for high-techs, they are not free from profit-taking now and then.
Hidenori Karaki
Although few of us expect rate hikes this time around, market players still want to play it safe and wait until the verdict.
Hidenori Karaki
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