Brokers invite the brave
Article Abstract:
Some Asian financial analysts believe that investing in Japanese securities firms in 1998 can be a potentially lucrative move in the next three to five years. Leading firms such as Daiwa Securities Co., Nikko Securities Co., and Kokusai Securities Co. are being eyed by investors as good buys. Despite recent racketeering scandals in the Japanese industry which have driven share prices lower, the firms are still considered market leaders who will hold significance after the industry is deregulated. Daiwa and Nikko have lost some $96 million and $136 million, respectively, from penalties for paying off an alleged racketeer.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Mirroring bumpy US ride
Article Abstract:
Shares of Japanese blue-chip companies have shown growth similar to US counterparts. Shares of companies such as Canon, Toyota, Sony and Honda have grown considerably in recent years, primarily because of a large market share internationally and domestically. However, the continuing Asian economic crisis coupled with the political and financial instability in Russia, have threatened the market. Sony's operating profit dropped 4.9% in July 1998 due to declining prices of its products in Asia.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Bargains beckon in Tokyo; strategists turn keen on fallen share prices
Article Abstract:
Investors in Japan are now buying shares at relatively low prices after the Nikkei Stock Average declined 2.2%. Investment companies are now taking advantage of the cheap opportunities in Japanese securities mostly in the basic industries sector. Shares in Suzuki Motor dropped 8%, 4.3% for Nissan Motor, 14% for Amada, while Hitachi Zosen dropped 5%.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Product review. Theme: membrane roofing
- Abstracts: Crest: the big test. Preaching to the unconverted. No ordinary Joe
- Abstracts: Boom-time for the Leeds debt market. The growing importance of broking. Stepping onto the world stage
- Abstracts: Divided they fall. Sorry, Asia. Miti no more
- Abstracts: From circuits to packets: will the Internet steal the telephone business? Ready, steady ... whoops