So what's the hold-up? Japanese fund managers are slow to buy stocks in the rest of Asia

Article Abstract:

Japanese investment in Asian stocks has been slow for the past decade, but signs suggest a recent increase will accelerate. Japan has huge current-account surpluses to invest, and an aging population that will need a better return on its retirement money. However, the yen has soared over the past 10 years, only recently faltering. Most offshore flows have been to higher-yielding bonds outside Asia, or to direct investment within Asia. Asia's share of Japanese equity investments rose from 4.4% in 1986 to 40.3% in 1994.

Foreign investments, Japan, Investments, Japanese, Japanese (Asian people), Foreign securities

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Strictly ballroom

Article Abstract:

Paul Bishop's Academy of Dance attracts the power elite of Hong Kong, bringing together politicians, business leaders, and others dedicated to the rhumba, tango, and other ballroom dances. Bishop, a native of southeast London who came to Hong Kong in the mid-1970s as a pharmaceuticals salesman, has a kind word for everyone, and works as hard as his clientele. He and his wife, who met him as his student, work seven days a week and several evenings offering group and private lessons and running dinner-dances.

Hong Kong, Recreation, Ballroom dancing

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