Keeping faith in U.S. bonds: higher returns still tempt Japanese investors
Article Abstract:
The recent trend of selling foreign bonds by Japanese investors is not expected to be prolonged as the difference in interest rates with the US tapers off. Japanese investors showed significant interest in US government bonds in 1997 but began to sell to improve financial standing before the closure of their fiscal year on September 30. More investors sold bonds in November 1997 following the collapse of major banking and securities firms, with a total turnover of some 3.5 trillion yen in December.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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A look closer at buybacks
Article Abstract:
Foreign and domestic investors in Japan have taken an aggressive approach in buying back shares, as they seek alternative means of expanding their profit margins. Buyback activities was introduced in Tokyo in 1995 as part of the city's financial services deregulation program and has caught the attention of investors since then. However, analysts caution investors to keep buyback efforts at modest levels, since they do not protect the interest of stocks in the long run.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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