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Japan has become the region’s low cost producer in a range of industries, from shipbuilding to software engineering….
Nikkei Index
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British prime ministers would invite union leaders and heads of industry to Number 10 Downing Street in order to thrash out wage deals over beer and sandwiches
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I scan my memory, jumbled and blurred by hangover, jetlag, lifelag. Got it – he’s a media figure, fronts up current affairs programs, TV and radio. A real pro, and a nice guy too. “You’re looking well,” I respond.
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The biblical parable of the talents contains a timely warning for the gold market. In the story the master distributes his wealth between three servants. The first and the second put their capital to work in businesses and generate healthy profits. The third, scared of losses, buries his share in the ground.
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It’s déjà vu all over again. That’s what the rip-roaring bull market in Chinese stocks looks like to anyone who lived through the late 1980s Japanese bubble.