Nippon Steel will finish strong in both the third quarter and in the full year. A strong domestic market and weak yen has helped the company achieve positive earnings.
More Quotes from Mitsushige Akino:
An increasing amount of money is flowing into mutual funds from individuals, driving large capital stocks higher. Even so, the upside is limited as overseas investors are shifting money out of Japan as they are worried about interest rate hikes.Mitsushige Akino
By taking full control of the U.S. unit, the group is trying to speed up its decision making,
Mitsushige Akino
In the mid-term run, an end to the policy is not in itself bad news, as it will bring normalization to monetary policy and signal an end to prolonged deflation.
Mitsushige Akino
There was selling pressure today because of news of tighter stock margin trading rules and since today is the last day of delivery of money for sold shares, and the market responded outright.
Mitsushige Akino
It's not really that overseas investors are negatively reacting to Japanese stocks overall but rather... they are waiting for results, worried about rising oil prices and higher interest rates.
Mitsushige Akino
The Federal Reserve will concentrate on the decrease in house prices and home equity loans as a strong indicator of the cooling of the U.S. housing bubble. That may limit further increases in rates past 5.25 percent.
Mitsushige Akino
Readers Who Like This Quotation Also Like:
Based on Keywords: nipponIf wrinkles must be written on our brows, let them not be written upon the heart. The spirit should never grow old.
James A. Garfield
If you wish in this world to advance your merits you're bound to enhance; You must stir it and stump it, and blow your own trumpet, Or, trust me, you haven't a chance.
William Gilbert
Great passions may give us a quickened sense of life, ecstasy and sorrow of love, the various forms of enthusiastic activity, disinterested or otherwise, which comes naturally to many of us.
Walter Pater