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The black ships

Article Abstract:

Analysts believed that the failure of Japanese brokers Yamaichi Securities, due to an agency junk-bond rating, would herald the development of more market control in the Japanese financial sector. However, Japanese financial and political authorities continue to collaborate to conceal financial problems. Finance Minister Hiroshi Mitsuzuka appears to support a reduction in government intervention, but other politicians are distancing themselves from major reforms.

Publisher: Review Publishing Company Ltd. (Hong Kong)
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997

Japan, Column, Economic policy

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Saudis buy into UBL

Article Abstract:

The government of Pakistan has sold a 26% share in United Bank Limited (UBL), a financial institution, to the Basharahil group of Saudi Arabia. The Basharahil group had to make a committment not to layoff any staff for one year and not to make asset sales for three years.

Author: Bourke, Gerald

Publisher: Thomson Financial Inc.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1996

Pakistan

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Subjects list: Financial services, Financial institutions

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