The Wall Street Journal
Heard on the Street
The Wall Street Journal
Heard on the Street
Pessimism about the outlook for yuan appreciation may make sense, but there is at least one variable at work that is outside Beijing's control: the value of the dollar.
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What a difference three years can make in the Japanese electronics industry, which has more or less divided in two since the 2008 Lehman shock triggered an export slump.
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Handed a solid case for cutting interest rates—weak retail sales, falling home prices, a long slide in construction activity—Australia's central bank instead decided to hold steady and hope for the best.
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Monday was a telling day in home entertainment. Two ambitious players bought into the video-streaming business and one left its DVD division on the curb.
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Wall Street makes nothing simple. Pay is no different. Investment bank Lazard is a case in point.
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Cheap natural gas creates winners and losers. Coal miners fall into the latter camp.
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The Bank of England is likely to unleash a further round of quantitative easing this week. But whether this is the right monetary medicine remains an open question.
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Xstrata's minority shareholders have taken center stage in the debate over the merits of the miner's proposed merger with Glencore. But what of Glencore's own minorities, who own 17% of its shares?
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Investors cheered the ouster of Perpetual Ltd.'s chief executive Monday. They should have held their applause.
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Buying stuff from China isn't such a bargain anymore. One consequence of that: Companies that move freight from Mexico are getting busier.
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The most powerful studios in Hollywood have yet a another star to schmooze: the DVD kiosk.
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Since Zynga generates the vast majority of its revenue through Facebook, analysts tried to use Facebook's financial results to figure Zynga's fourth-quarter earnings. But the models have too many moving parts.
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The employment report was very good. So why aren't long-term Treasury yields jumping for sorrow?
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Sure, stores have a penchant for blaming the weather for weak sales. But in January it looks like the dog really did eat some retailers' homework.
The Oil Market's Other Gulf
Oil markets are experiencing another bout of continental drift. Once again, the North Sea's Brent crude grade is leaving U.S. benchmark West Texas Intermediate, or WTI, in the dust.
Turkey may have enjoyed strong growth in the last couple of years, but its economists seem a gloomy lot.
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