Category: William Grimes

Protests Aside, Hong Kong’s Status As Financial Center Is Not In Jeopardy

October 1st, 2014 in 2014, College and Graduate School of Arts and Sciences, International Business Times, Newsmakers, William Grimes 0 comments

GrimesInternational Business Times
William Grimes, College of Arts & Sciences

The current protests won’t dislodge Hong Kong from its central role as a top financial market and global business center. The future challenge of Shanghai might, but for now the mass movement that has brought business as usual to a halt hasn’t shown signs of threatening Hong Kong’s status in favor of regional rivals…

Expert quote: 

“Hong Kong has very low transaction costs, a very sophisticated financial system, and is highly technically developed. Geographically, it is a good place for intermediating regional capital flows.”

View full article

‘Call of Duty’ heads to China. But who will be the enemy?

August 1st, 2013 in 2013, CNNMoney.com, College and Graduate School of Arts and Sciences, Newsmakers, William Grimes 0 comments

GrimesCNNMoney.com
William Grimes, College of Arts & Sciences

Every bloodthirsty, militaristic first-person shooter video game needs an enemy — but it’s not always clear who that should be…

Expert quote:

“If you have naval combat over islands, everybody will know what that is, but there’s plausible deniability.”

View full article

Tokyo stocks soar on BoJ easing plan

April 5th, 2013 in 2013, AFP, College and Graduate School of Arts and Sciences, Newsmakers, William Grimes 0 comments

GrimesAFP
William Grimes, College of Arts & Sciences

Tokyo stocks soared on Friday, hitting record volumes as investors embraced sweeping new Bank of Japan stimulus measures which sent the yen plunging, spelling good news for the key export sector…

Expert quote:

“Deflationary expectations are much more firmly entrenched among Japanese companies and consumers (now). Also, Japan’s fiscal situation has become much worse.”

View full article

 

After BOJ Coup, Abe Faces More Economy Challenges

April 5th, 2013 in 2013, Associated Press, College and Graduate School of Arts and Sciences, Newsmakers, William Grimes 0 comments

GrimesAssociated Press
William Grimes, College of Arts & Sciences

Prime Minister Shinzo Abe is about to find out that bending central bankers to his will was the easy part of jolting Japan’s economy out of its two decade slump…

Expert quote:

“The evidence is that the wealth effect is much more modest than most people would like to believe.”

View full article

Japanese Election a Potential Turning Point for East Asia

December 7th, 2012 in 2012, College and Graduate School of Arts and Sciences, Newsmakers, William Grimes 0 comments

GrimesWorld Politics Review
William Grimes, College of Arts & Sciences

Japan’s Liberal Democratic Party, the country’s main opposition party, is likely to sweep Prime Minister Yoshihiko Noda’s ruling Democratic Party of Japan in the general election scheduled for Dec. 16, according to polls released yesterday…

View article

Japanese politics shifting right

December 6th, 2012 in 2012, AFP, College and Graduate School of Arts and Sciences, Newsmakers, William Grimes 0 comments

GrimesAFP
William Grimes, College of Arts & Sciences

Japan’s 12-day election campaign officially kicked off Tuesday, with the leading contenders choosing Fukushima Prefecture as their first stop, where last year’s nuclear crisis still weighs on people’s minds…

View article

Lagarde Woos Southeast Asia as Region Cuts IMF Reliance

November 14th, 2012 in 2012, Bloomberg, College and Graduate School of Arts and Sciences, Newsmakers, William Grimes 0 comments

GrimesBloomberg
William Grimes, College of Arts & Sciences

Fresh from yet another meeting in Brussels on Europe’s debt crisis, International Monetary Fund Managing Director Christine Lagarde today kicked off a three- country tour of Southeast Asia, which is thriving after emerging from turmoil more than a decade ago…

View article

Messy TPP process no reason for China to fear

October 9th, 2012 in 2012, College and Graduate School of Arts and Sciences, Newsmakers, OP-EDs by BU Professors, William Grimes 0 comments

GrimesGlobal Times
By William Grimes, College of Arts & Sciences

The US-led Trans-Pacific Partnership (TPP) has become a topic of major controversy in Japan and China over the last two years…

View article

SKorean leader visits islets, draws Japan protest

August 11th, 2012 in 2012, Associated Press, College and Graduate School of Arts and Sciences, Newsmakers, William Grimes 0 comments

GrimesAssociated Press
William Grimes, College of Arts & Sciences

South Korea’s president has made a surprise, election-year visit to islets also claimed by Japan, which quickly reasserted its sovereignty there, recalled its ambassador from Seoul and warned that the trip would worsen the countries’ strained relations…

View article

History minor irritant in S.Korean-Japanese ties

August 7th, 2012 in 2012, College and Graduate School of Arts and Sciences, Global Times, Newsmakers, William Grimes 0 comments

GrimesGlobal Times
William Grimes, College of Arts & Sciences

The issue of the disputed islets is a constant irritant in Japan-South Korea relations, but is actually a fairly minor problem…

View article