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A bear in bull's clothing

Article Abstract:

Stock prices on the Tokyo Stock Exchange are rising, due in large part to Japan's policy of shoring up the market to help Japanese firms raise capital. Since Mar 1993, the Nikkei average has risen by more than one-sixth, despite Japanese firms' lower earnings reports.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993

Forecasts and trends

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Too clever by half

Article Abstract:

The Japanese economy has been bolstered by an $87 billion government support package. Stock prices have risen unrealistically but confidence in the hopeful upturn may be misplaced. The many bad bank debts is a crucial issue which the government must face.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992

Banking industry, Finance

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Subjects list: Japan, Stock-exchange, Stock exchanges, Economic policy, Tokyo Stock Exchange

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