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Japanese businesses don’t cower amid trade gloom

So much for the trade war apocalypse. While many headlines feature gloom about the precarious state of relations between the US and its economic partners, Japan’s most widely watched indicator has some sunny patches worthy of attention. Japanese companies plan a surge in capital spending in the year through March 2019, according to the central bank’s quarterly Tankan survey released ...

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Forget banks and worry about high stock prices

It’s time for investors to stop fighting the last war. The next downturn most likely won’t be triggered by another meltdown of the financial system. The Federal Reserve has concluded its stress test of big banks, a look into whether they have enough money set aside to withstand another 2008-type financial crisis. The Fed announced that all 35 banks examined ...

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Clothing sellers defy retail death’s rattle

Specialty apparel and department store stocks have been battered in recent years as a steady stream of store closings and unenticing merchandise put their future in doubt. But the apparel and accessories business is suddenly looking more fashionable. Last week, Goldman Sachs analyst Alexandra Walvis initiated coverage of Tapestry Inc., Tiffany & Co. and VF Corp. with a buy rating. ...

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