Japanese telecom businesses seen pairing with foreigners
Article Abstract:
Rumors of a partnership with foreign firms were enough to cause an increase in the share prices of two Japanese telecommunications companies. KDD Corp, the former international telecommunications monopoly, experienced a 14%-rise in share prices on Sep 3, 1999, to 8,550 yen ($76.97) after confirming ongoing partnership negotiations. DDI Corp's shares rose 9% to close at 740,000 yen on the same day after the firm expressed its willingness to enter an agreement with a foreign partner.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Shipbuilders face rough seas
Article Abstract:
Japan's announced plan to overhaul its shipbuilding industry is expected to encounter a number of difficulties in its implementation. The Ministry of Transport has proposed a move to combine the shipbuilding units of Japan's seven major heavy-industry companies into three or four groups that could effectively with their rivals in South Korea. However, such a move is subject to the issue of loss of face and the possibility of closing some shipbuilding facilities.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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The trade surplus may go the way of the geisha
Article Abstract:
Japan's trade surplus could disappear within five years, as Japanese companies move operations overseas, as Japanese consumers snap up cheap imports, and as American buy less from Japan. The trade surplus in 2001 will be only about 1% of gross domestic product, down from a high of 4.1% in 1986. Some economists predict that the yen will weaken, allowing Japanese exports to rise again, and avoiding a disappearance of the surplus.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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