Tokyo casts wary eye on subprime: banking minister says a U.S. slowdown could weaken Japan
Article Abstract:
Japan Banking Minister Yoshimi Watanabe has announced that the Financial Services Agency is keeping watch over the impact of the US subprime mortgage problems on the Japanese economy. Although the nation's stock markets and foreign exchange markets have been negatively affected, losses have remained small relative to the US and Europe as Japanese banks have not invested quite as heavily in any credit products involving American subprime loans.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Beneficiaries of the shakeout? Asian firms chasing overseas deals
Article Abstract:
Asian companies have made 77 cross-border deals since August 1, 2007, with a total value of $6.39 bil, an increase from 70 deals worth $6.28 bil last year. Asian firms so far remain comparatively unaffected by the credit market problems currently impacting the US and European economies.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Comment about this article or add new information about this topic:
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