Investment banks back out of Taiwan
Article Abstract:
China's barring of Credit Suisse First Boston from participating in deals in China after the company hosted Taiwan officials at investment conferences has resulted in Goldman Sachs Group Inc., Merrill Lynch and Co., J.P. Morgan Chase and Co., ABN Amro, and Daiwa Securities dropping their planned roadshows in the United States, Singapore, Hong Kong, and Japan. This has adversely impacted Taiwan's efforts to attract foreign capital and aid the island's economy. China's equity offerings are expected to account for up to half of all Asian equity offerings over the next year.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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At Matsushita, it's a new word order
Article Abstract:
Matsushita Corp. has initiated a policy in which managers must pass an English-competency test to be eligible for promotion. The Japanese company is trying to change its corporate culture to be more dynamic and global-reaching, and requiring managers to learn English is part of its globalization strategy.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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U.S. firms seek net worth
Article Abstract:
JP Morgan and Co. and General Electric Co. (GE) announced that they are planning to make millions of dollars in investments in Japanese firms for the 2000 year. GE has reserved $50 million for Japanese investments. JP Morgan could spend as much as $50 million and $100 million in Japan in 2000.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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