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How Sharp embodies Japan's zombie problem

Art Post · 2/6/1612:01 AM

By William Pesek Published: Feb 4, 2016 10:00 p.m. ET If the Bank of Japan wonders why its monetary magic is gone, officials can find answers in the battle over Sharp. On Jan. 29, Haruhiko Kuroda tapped his wand and conjured up yet another surprise. At first, Governor Kuroda's trick involving negative interest rates worked wonders as the Nikkei soared and the yen plunged. A week later, it's clear Kuroda's spell has fallen flat. Why? Investors are looking behind the curtain and disenchanted...

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How Sharp embodies Japan's zombie problem

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