After the outbreak of the Russia–Ukraine conflict, Japan wasted no time in advancing its national strategy and actively promoted shuttle diplomacy with the United States(U.S.), Europe, East Asia, and neighboring coun...After the outbreak of the Russia–Ukraine conflict, Japan wasted no time in advancing its national strategy and actively promoted shuttle diplomacy with the United States(U.S.), Europe, East Asia, and neighboring countries of Ukraine around sanctions against Russia based on strategic considerations and the goal of maximizing national interests. Japan regarded this conflict as an important opportunity for an international strategic game, in an attempt to move and overturn the postwar international order and reconstruct the new global order with the U.S., Europe, and Japan as the core countries dominating the military, science and technology, and economic spheres. In response to the crisis, Japan made a brief policy adjustment—from the initial hesitation to the imposition of active sanctions and pressure on Russia—to reverse the passive situation on the issue of the Four Northern Islands and weaken Russia’s strength. Japan also took the opportunity to promote the “China threat theory”;strengthen the quadrilateral mechanism between the U.S., Japan, India, and Australia;provoke regional confrontation;and try to gain a new Cold War dividend.展开更多
Japan's exports fell in November,dashing expectations for an end to the two-year run of declinesjargely due to weaker U.S.-and China-bound shipments and suggesting a slower pace of recovery for the world's thi...Japan's exports fell in November,dashing expectations for an end to the two-year run of declinesjargely due to weaker U.S.-and China-bound shipments and suggesting a slower pace of recovery for the world's third largest economy.The trade data is likely to be of some concern for policymakers counting on solid external demand to boost factory output and broader corporate activity to revive the economy.展开更多
This paper analyzes empirically the relationship between recent Japanese stock prices and macroeconomic variables For the Japanese stock prices, the level and rate of that are both used for analysis. The results show ...This paper analyzes empirically the relationship between recent Japanese stock prices and macroeconomic variables For the Japanese stock prices, the level and rate of that are both used for analysis. The results show that exchange rates have not been a significant determinant of the ＂level＂ of Japanese stock prices, but on the other hand, have been a significant determinant of its ＂rate＂. The ＂rate＂ has been used to analyze determinants of the stock prices. However, it is dangerous to use it without taking into account its level. Many stock traders usually look at the level. Interest rates, especially the domestic interest rate, have not impacted the Japanese stock prices. Japanese interest rates have been quite low as the Bank of Japan has implemented quantitative easing instead of interest-based policies. Recently, the U.S. stock prices, particularly in the first few days after a change, have been significantly influencing the Japanese stock prices.展开更多
文摘After the outbreak of the Russia–Ukraine conflict, Japan wasted no time in advancing its national strategy and actively promoted shuttle diplomacy with the United States(U.S.), Europe, East Asia, and neighboring countries of Ukraine around sanctions against Russia based on strategic considerations and the goal of maximizing national interests. Japan regarded this conflict as an important opportunity for an international strategic game, in an attempt to move and overturn the postwar international order and reconstruct the new global order with the U.S., Europe, and Japan as the core countries dominating the military, science and technology, and economic spheres. In response to the crisis, Japan made a brief policy adjustment—from the initial hesitation to the imposition of active sanctions and pressure on Russia—to reverse the passive situation on the issue of the Four Northern Islands and weaken Russia’s strength. Japan also took the opportunity to promote the “China threat theory”;strengthen the quadrilateral mechanism between the U.S., Japan, India, and Australia;provoke regional confrontation;and try to gain a new Cold War dividend.
文摘Japan's exports fell in November,dashing expectations for an end to the two-year run of declinesjargely due to weaker U.S.-and China-bound shipments and suggesting a slower pace of recovery for the world's third largest economy.The trade data is likely to be of some concern for policymakers counting on solid external demand to boost factory output and broader corporate activity to revive the economy.
文摘This paper analyzes empirically the relationship between recent Japanese stock prices and macroeconomic variables For the Japanese stock prices, the level and rate of that are both used for analysis. The results show that exchange rates have not been a significant determinant of the ＂level＂ of Japanese stock prices, but on the other hand, have been a significant determinant of its ＂rate＂. The ＂rate＂ has been used to analyze determinants of the stock prices. However, it is dangerous to use it without taking into account its level. Many stock traders usually look at the level. Interest rates, especially the domestic interest rate, have not impacted the Japanese stock prices. Japanese interest rates have been quite low as the Bank of Japan has implemented quantitative easing instead of interest-based policies. Recently, the U.S. stock prices, particularly in the first few days after a change, have been significantly influencing the Japanese stock prices.
