Experts say Tokyo stocks could benefit if U.S., Japan keep exchange rate stable
Article Abstract:
The US Federal Reserve and Bank of Japan worked together to bring down the dollar to about 91 yen. Japanese economists believe that continued cooperation between the two institutions would stabilize current dollar and yen levels. Japan's GDP for the fourth quarter of 1995 is expected to increase by 0.8%, and by 2.5% in 1996 if the dollar stands at 92 yen by the end of 1995.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Privatization could give needed boost to shares of PNB, some analysts say
Article Abstract:
Some analysts are advising players in the Philippine Stock Exchange to invest in the Philippine National Bank after the government began offering a third bloc of shares in the bank, further lowering its stake to less than 50%. However, some analysts warn investors not to buy PNB stock until it reaches an average price-to-earnings ratio of 14.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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