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	<title>Active Investing in Japan &#187; Goldman Sachs</title>
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		<title>M&amp;A is key for Japanese equities in 2010 &#8211; Goldman Sachs</title>
		<link>http://steventowns.com/2009/11/19/ma-is-key-for-japanese-equities-in-2010-goldman-sachs/</link>
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		<pubDate>Thu, 19 Nov 2009 16:26:24 +0000</pubDate>
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				<category><![CDATA[Earnings]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[Valuation]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Japanese stocks]]></category>
		<category><![CDATA[mergers and acquisitions]]></category>
		<category><![CDATA[Nikkei]]></category>
		<category><![CDATA[Nikkei 225]]></category>
		<category><![CDATA[ROE]]></category>
		<category><![CDATA[tokyo]]></category>
		<category><![CDATA[Topix]]></category>

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		<description><![CDATA[Reuters (article in Japanese) reports that Goldman Sachs issued a report earlier this week that argues M&#38;A will be the major theme for Japanese equities in 2010. Having a &#8216;macro&#8217; investment theme for the start of each new year is a ritual for brokerages in Japan, although it seems no one ever has the resolve [...]]]></description>
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