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Record dumping of foreign bonds powers up yen
www.japantimes.co.jp
[The Japan Times] - "Japanese investors have no choice but to buy the yen, though it's painful, because of problems in Europe," said Yuuki Sakurai, chief executive officer at Fukoku Capital Management Inc. in Tokyo, which manages $7.3 billion in assets.
Sir Howard Stringer will expand role at Sony
betanews.com
(One widely quoted analyst, Yuuki Sakurai, suggested that the UK-born Stringer was moved into the driver's seat precisely because the situation's tough -- and will require someone with "non-Japanese loyalties" to make tough ...
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