Freelance business journalist. Former FX reporter for Wall St Journal (@wsj), Dow Jones, and @DJFXTrader. Also blogged for @thejuggle and @WSJCareers At Work.
online.wsj.com — Photography by Platon IT IS NO EASY JOB, being the grand negotiator at almost every financial crisis in the world in these troubled times. But as head of the International Monetary Fund, or IMF, Christine Lagarde has played a role in dealing with everything from the Cyprus bank scare to Chinese exchange rates.
online.wsj.com — Agence France-Presse/Getty Images When Prime Minister Kakuei Tanaka visited Beijing in 1972 to restore Japan's relations with China, a country that had been devastated by Japanese military aggression in the 1930s and '40s, his host Mao Zedong allowed himself a moment of levity.
economist.com — Cities and their millionaires by Economist.com Which city has the most millionaires? MORE millionaires live in Tokyo than in any other city, according to a new report from WealthInsight, a consultancy. The city, which boasts 460,700 individuals with net assets of $1m or more (excluding their primary residences), is home to over a fifth of Japan's millionaires.
online.wsj.com — Is cash in a stock fund's portfolio trash or treasure? How an investor answers can depend on whether stocks are rising or falling. So far this year, with stocks surging and the Dow Jones Industrial Average blowing past its pre-financial-crisis high in April, having cash on the sidelines hasn't been a winning move for equity fund managers.
nytimes.com — THE economic recovery from the recession that officially ended in 2009 has been extremely disappointing for American consumers. But for business, it has been the best recovery in decades. The government's estimate of first-quarter gross domestic product last week indicated the overall economy was only 8.3 percent higher than it was in the second quarter of 2009, the quarter the recession ended.
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