WITLife is a periodic series written by professional Writer/Interpreter/Translator Stacy Smith (Kumamoto-ken CIR, 2000-03). She starts her day by watching Fujisankei’s newscast in Japanese, and here she shares some of the interesting tidbits and trends together with her own observations.
Today’s NYT has a flurry of articles about Japan’s politics and economy. First of all, PM Kan survived the challenge to his leadership and handily defeated Ozawa with 721 votes to his 491. Everyone can breath a collective sigh of relief knowing that the PM will not be changing yet again.
On the economic side, Hiroko Tabuchi gives us two articles about the strong yen and its implications. One discusses the measures the government has taken to weaken it, intervening in foreign markets for the first time since 2004. The other talks about how the strong yen has provided an opportunity for Japanese companies to go a shopping spree purchasing foreign companies, such as Rakuten’s recent acquisition of Buy.com. Happy reading!
2 comments so far...
Thanks for collecting these Stacy, especially the two on the Yen.
I had totally missed the news on Rakuten’s acquisition of Buy.com … maybe a little Japanese-style business sense will improve Cali’s customer service failures …. thx 4 this, Stacy !!