stocks

Olympic fever hits Tokyo Stock Exchange, one company gets hot, then gets burned

Tokyo’s selection as the site of the 2020 Olympics seems to have put all of Japan in a good mood. Economic analysts wondered if this optimism would carry over into the investment world, and indeed a modest market-wide rally seems to be building.

One corporation caught up in the surge, however, saw its entire stock price increase wiped out in less than an hour, with some saying the fluctuation was caused by its name.

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As Stocks Rise, so do the Hem Lines: Japan’s New Incentive for Economic Growth

In the face of our global economy’s seemingly never-ending nosedive, Japan has come up with a hip, new way to stimulate growth in its local communities: by starting up a band!

Machikado Keiki☆JAPAN, a group name that roughly translates to “Street Corner Conditions JAPAN,” is the latest and greatest four-girl idol group to hit the media. I know it sounds a bit like a band full of hookers, but just wait until you hear their pitch! Basically, the better the nation’s stocks are doing, the shorter their skirts get! Clearly, the idea of having enough money for food and rent is not enough of an incentive to get some economic stimulus going; what the country really needs is more half-naked women! Read More