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Times of India (Free subscription) | 10/28/2008
... as sellers expect their clients could close their accounts and they are also just fearful," said Yoshinori Nagano, chief strategist at Daiwa Asset Management. "But an increasing number of investors have started seeing Japanese stocks as quite cheap and trade volume is picking up accordingly, even if it's only little by little." Traders also said public pension funds seem to have contributed...
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LA Times (Free subscription) | 10/27/2008
"In this kind of market that's moving without sensible reasons, only God knows what's going to happen tomorrow," said Yoshinori Nagano, a Tokyo-based senior strategist at Daiwa Asset Management Co.. "That's why people are so scared of what's ahead of them and sell whatever they have to avoid losses."
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ireland.com (Free subscription) | 10/16/2008
... system, which had been the main factor for market sell-offs up to now, are easing gradually," said Yoshinori Nagano, chief strategist at Daiwa Asset Management. "The sectors that reflect fears over the global economy the most are shipping firms and trading houses ... Just as financial worries started calming down after a series of measures, we'll need steps to deal with the economy."Fears...
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Mail & Guardian (Free subscription) | 10/10/2008
... is buying. Fundamentals don't matter anymore and there's no explanation for such a plunge," said Yoshinori Nagano, chief strategist at Daiwa Asset Management.Life insurer failsYamato Life, an unlisted insurer, failed with $2,7-billion in debt, although government ministers and analysts were quick to play down the risk of contagion."It is the smallest company in our nation's insurance...
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Reuters UK (Free subscription) | 10/10/2008
... is buying. Fundamentals don't matter any more and there's no explanation for such a plunge," said Yoshinori Nagano, chief strategist at Daiwa Asset Management.Overnight, U.S. stocks slumped more than 7 percent on fears that credit markets would stay frozen, paralysing the world's financial system and slowing economies to a standstill.At the centre of a financial crisis now almost...
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Reuters (Free subscription) | 10/10/2008
... is buying. Fundamentals don't matter any more and there's no explanation for such a plunge," said Yoshinori Nagano, chief strategist at Daiwa Asset Management in Tokyo, of the selloff in Japanese stocks.The Nikkei share average was down 10.6 percent, bringing the week's losses to more than 20 percent.Unlisted Yamato Life Insurance Co filed for bankruptcy protection because of market...
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Reuters UK (Free subscription) | 10/10/2008
... is buying. Fundamentals don't matter any more and there's no explanation for such a plunge," said Yoshinori Nagano, chief strategist at Daiwa Asset Management in Tokyo, of the selloff in Japanese stocks.The Nikkei share average was down 10.6 percent, bringing the week's losses to more than 20 percent.Unlisted Yamato Life Insurance Co filed for bankruptcy protection because of market...
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Times of India (Free subscription) | 10/10/2008
... is buying. Fundamentals don't matter any more and there's no explanation for such a plunge," said Yoshinori Nagano, chief strategist at Daiwa Asset Management. "Fears about the US financial system have been rekindled. The US government is still debating whether it would inject money into financial institutions. It needs to act now even if that would be beyond the current law." The...