Deflation vs. Koizumi
Article Abstract:
Banking shares, which rose after Junichiro Koizumi was elected prime minister of Japan, plummeted after the administration began drawing attention to lenders' problems without offering any solutions. Now analysts are becoming more bearish, with the index of all bank shares traded on the first section of the Tokyo Stock Exchange falling 1% to close at 299.3 last Monday. The falling index and the weakening of Japan's banks are discussed.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Officials debate bank aid
Article Abstract:
Japanese government officials continue to debate whether more public money should be used to pay off bad loans that are crippling the banking industry. Some cash was injected into the banking system two years ago, but the question has surfaced again. Estimates of the level of bad debt range from Y40 trillion to Y150 trillion ($321 billion to $1.21 trillion).
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Keep on selling: Analysts support bank's good intentions
Article Abstract:
Politicians want Japanese banks to stop seelling bank shares because they believe it is weakening the stock market. Bank management and analysts agree that other factors, such as the tax structure, play a larger role in the country's economic problems.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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