Free and queasy
Article Abstract:
The International Monetary Fund conducted a study on the Asian banking industry to examine the changes in the financial systems of such countries as Malaysia, SriLanka, Singapore and the Philipppines. The study revealed that deregulation of banks in the region enabled it to withstand the negative effects of some international banking developments. It also underscored the necessity for nations to harmonize exchange-rate policy with monetary credo. This should be done to allow it to thrive despite the global trend for freer capital flows andexchange rate systems. A set exchange rate will make the monetary policy of anycountry dependent on outside developments.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
In their own backyard: Japanese foreign ventures to tap Asian capital markets
Article Abstract:
Japan's banking and securities industries plan to utilize the financial markets of neighboring Asian countries to increase investment returns. The industries are regionalizing since the Bank for International Settlements requires more capital for US and Europe investments. Furthermore, sluggish trading in the Tokyo stock market has reduced revenues. Banks and investment houses plan to list Japanese joint ventures on the stock markets of Thailand, Malaysia, Indonesia, Singapore, Hong Kong and Taiwan. In addition, banks intend to increase loans to Japanese subsidiary companies in Asia.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Question of turf: Japan removes wall between banks and brokers
Article Abstract:
Financial reforms in Japan have focused on removing the barrier between banks and securities brokers. Both business groups are allowed to engage in each other's business. The reforms cover amendments to the Banking Act, the Securities and Exchange Act and the Merger and Conversion Act. Nevertheless, the reforms have not totally dismantled some constraints to the easy access of banks and brokers to each other's lines of business.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: A question of trust: South Korean funds need bail-out after buying binge. Conspicuous errors
- Abstracts: Hose down: Mahathir douses campaigning for Umno elections. Code of conduct: compromise in rift between sultans and ruling party
- Abstracts: Unfinished business; KMT still evasive over role in 1947 massacre. Three into one: KMT faces complex challenge in polls
- Abstracts: Islam and democracy. A nation awakes: The inside story of Suharto's last days in the palace and an assessment of his legacy