Japan is standing strong against commodity-driven inflation

Investors increasingly view Japan as a relatively stable haven among other global markets, particula...

Investors increasingly view Japan as a relatively stable haven among other global markets, particularly when compared to the more volatile emerging markets. Despite the effects from the credit crunch and growing inflationary concerns around the world, Japanese equities gained over 7% in local currency terms during the second quarter of 2008, outperforming all other major markets. The land of the rising sun is the world's most energy efficient country and has the lowest inflation rate due to a minimal macroeconomic impact from rising commodity and energy prices. In contrast, its neighbour...