New signs of weakness may thwart Koizumi's plans
Article Abstract:
Prime Minister Junichiro Koizumi plans to continue with corporate restructuring and bank reforms, even though Japan's economy contracted by 0.8% in the first quarter. Decreasing growth numbers may encourage the Bank of Japan to further lower interest rates. Related graphs show Japan's GDP and the central bank's growth in money stock.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Business still looks grim
Article Abstract:
The Bank of Japan has released its quarterly tankan survey that measures the business community's take on the Japanese economy. The results show a predominantly negative outlook towards the financial future of Japan, based on the slowdown in the U.S. economy, and the Japanese banking sector's mounting debt.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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