Tomasz's Feed
Feb 21, 2014

Thai protesters open new front with attack on Thaksin-linked firms

Feb 21 (Reuters) – Making little headway on the streets,
protesters in Thailand trying to oust the government have opened
a new front, targeting companies tied to Prime Minister Yingluck
Shinawatra’s family and using social media to drive the effort.

Calls for a boycott broadcast at rallies and spread via
Facebook and other social media had an immediate and striking
impact this week: shares of a property developer controlled by
the Shinawatras and a handset distributor with links to the
family plunged by about 10 percent over three
days.

Feb 4, 2014

Asian governments to central banks: it’s our mess, you fix it

TOKYO/JAKARTA (Reuters) – Asia’s central bankers are being forced to juggle their day jobs with what their governments have failed to do – steeling their economies for the hard times.

Critics say many governments have done too little to remove barriers to domestic and foreign business investment, cut red tape, upgrade infrastructure and develop deep, well-functioning financial markets when the region was flush with cheap money.

Feb 4, 2014

Analysis: Asian governments to central banks: it’s our mess, you fix it

TOKYO/JAKARTA (Reuters) – Asia’s central bankers are being forced to juggle their day jobs with what their governments have failed to do – steeling their economies for the hard times.

Critics say many governments have done too little to remove barriers to domestic and foreign business investment, cut red tape, upgrade infrastructure and develop deep, well-functioning financial markets when the region was flush with cheap money.

Jan 28, 2014

Analysis – Bets on China to balance reform and growth despite market fright

BEIJING/TOKYO (Reuters) – Investors fretting over the impact of China’s economic slowdown on its once red-hot emerging market peers have a powerful ally in Beijing’s leadership, which has both the means and strong motivation to forestall a sharp downturn.

Economists at government think-tanks and China watchers say Beijing will act if the economy loses traction too quickly, threatening financial and social stability, as it pushes towards more balanced and sustained economic growth.

Jan 28, 2014

Bets on China to balance reform and growth despite market fright

BEIJING/TOKYO (Reuters) – Investors fretting over the impact of China’s economic slowdown on its once red-hot emerging market peers have a powerful ally in Beijing’s leadership, which has both the means and strong motivation to forestall a sharp downturn.

Economists at government think-tanks and China watchers say Beijing will act if the economy loses traction too quickly, threatening financial and social stability, as it pushes towards more balanced and sustained economic growth.

Jan 23, 2014

N.Asia trio looks to export, consumption boost in 2014, China lags

TOKYO, Jan 23 (Reuters) – The first weeks of 2014 showed
North Asia’s manufacturing and export giants enjoying mixed
fortunes, with South Korea and Japan starting the year
positively, while China, the biggest of the trio, was still
struggling to regain momentum.

Asia’s top export powers, which together account for a fifth
of global economic output, expect to get a lift this year from
anticipated U.S. and eurozone recovery and better global growth
in general.

Dec 15, 2013

Abenomics scorecard: ‘A’ for early initiative, ‘C’ for follow-through

TOKYO/DAITO, Japan, Dec 16 (Reuters) – One year into Prime
Minister Shinzo Abe’s economic revival plan the message from
Japan’s industrial heartland and economists is clear: he has yet
to act on his pledge to stage the nation’s comeback as a global
economic dynamo.

Abe’s recipe of massive money printing, fiscal stimulus
twinned with longer-run consolidation and pro-growth policies
has already made it into economic vernacular as “Abenomics” and
won praise for its initial “print and spend” stage.

Nov 19, 2013

Japan not ready yet to pass non-tariff barrier test: EU trade chief

TOKYO (Reuters) – Japan still has work to do in tearing down non-tariff barriers faced by European Union companies ahead of a decisive review of EU-Japan trade talks next April, the EU trade chief said on Tuesday.

Japan and the EU launched talks on one of the world’s most ambitious trade deals last April despite opposition from European carmakers fearing it would boost competition in their backyard without improving their access to the Japanese market.

Nov 3, 2013

China reform checklist: How to tell that this time it’s for real?

TOKYO, Nov 4 (Reuters) – The message from Beijing could not
be clearer: China needs to shift to a more balanced economy that
is socially and environmentally sustainable.

That was the conclusion of a key Communist Party meeting a
decade ago, yet what followed was more of the same: rapid
investment-led expansion, which turned China into the world’s
no.2 economy, but left it laden with debt, environmental damage
and excess capacity.

Aug 20, 2013

As investors mull QE finale, Asia’s miracle shows signs of wear

HONG KONG/TOKYO (Reuters) – Asia’s economic miracle looks increasingly vulnerable to the end of a decidedly earthly phenomenon – five years of ultra-cheap financing sparked by the U.S. monetary policy dubbed “quantitative easing”.

The notion that a region associated with thrift, low debt and high savings is vulnerable to an ebbing tide of global credit is controversial.