Japan starts crackdown on bad-debt problem
Article Abstract:
Japan is beginning to reform its banking industry and weed out bad loans. A new government policy is calling for more bank inspections and a closer watch on credit ratings and stock prices. Reforms may be painful initially but should help Japan's economy in the long run.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Threats of a recession
Article Abstract:
Japan's economic indicators show that the country may be turning toward another recession. Low consumer spending and expanding inventories most likely mean that companies will slow production and investments in an attempt to increase profits.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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