Japan premium clouds Tokyo bourse
Article Abstract:
Japanese banks pay a Japan premium of 0.1 to 0.2 percentage points more than London interbank offered rates. Analysts noted that indications shows that rates for the Japan premium may rise over the next few weeks. They warned that a rise in the premium could spur mass selling of Japanese bank stocks, which could adversely affect share values at the Tokyo Stock Exchange. Many money-market traders have already begun to ask banks to pay more than other lenders to raise short-term funds in anticipation of the increase in Japan premiums.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Bond market thrives as banks retreat
Article Abstract:
Japan's bond market is witnessing remarkable improvements as business enterprises seek alternative ways to acquire financial support amidst the country's banking crisis. Statistics revealed that sales of straight bonds since Dec 1997 to Jan 1998 increased twice as much due to banker's unwillingness to provide loans to companies. The growth is significant not only because it signifies the collapse of Japan's bank-centered system, but marks the evolution of the country's financial markets, as well.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Taking sides on Japan's gap: weak banks may hold greater potential gains
Article Abstract:
Investment advisers maintain that some weak Japanese banks may be good investment as they may pull themselves through the financial crisis. Analysts warn however, that investing in Japanese banks is not for the weak of heart as some banks may close. It is important that investors chose the banks with the highest probabilities of regaining composure and investors may expect improvements by the end of 1998.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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