Japan’s rugby players celebrate after their shock victory over Ireland on September 28. Japan is having a successful stint as host of the World Cup but its economy is in a ruck. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Rugby World Cup and US trade deal successes can’t hide Japan’s economic troubles

  • Japan has much to celebrate, in rugby and trade. But challenges remain: its cars are still exposed to US tariffs, exports are plummeting and interest rates are due to stay flat, driving banks to greater risks in search of profit

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Japan’s rugby players celebrate after their shock victory over Ireland on September 28. Japan is having a successful stint as host of the World Cup but its economy is in a ruck. Photo: Reuters
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Neal Kimberley

Neal Kimberley

UK-based Neal Kimberley has been active in the financial markets since 1985. Having worked in sales and trading in the dealing rooms of major banks in London for many years, he moved to ThomsonReuters in 2009 to provide market analysis. He has been contributing to the Post since 2015 and writes about macroeconomics from a market perspective, with a particular emphasis on currencies and interest rates.