U.S.-led group gets first shot at LTCB

Article Abstract:

US-based Ripplewood Holdings LLC has acquired a first hand opportunity to acquire the Long-Term Credit Bank of Japan. Although the actual value of the deal has yet been confirmed, it has been reported that the Japanese government has entered the final stages of the negotiation with high-ranking officials of Ripplewood. The deal highlights the intention of the Japanese government to open its domestic markets to foreign companies to provide the financial services sector adequate leverage for recovery and growth.

United States, Asset sales & divestitures, Acquisitions & mergers, Banking Institutions, Depository Credit Intermediation, Financial Services, Finance and Insurance, Banking industry, Mergers, acquisitions and divestments, Financial services industry, Banks (Finance), Economic policy, Long-Term Credit Bank of Japan, Ripplewood Holdings L.L.C.

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Japan's day of reckoning is getting closer

Article Abstract:

Japan's economy is close to collapse as the gross domestic product is forecasted to shrink and demand for goods and services is low. Key issues regarding the future of the economy include the printing of more money, a government bailout of banks, Prime Minister Junichiro Koizumi's policies, and foreign investor influence.

Public Finance Activities, Government regulation (cont), Public Finance-Total Govt, Public finance, Economic stabilization

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Tokyo prepares its coffers

Article Abstract:

The government of Japan is preparing a $16.54 billion (two trillion yen) spending package in an effort to stimulate the country's falling economy, but some analysts fear that this will not be enough. About one trillion yen of that total will go towards such things as job measures and structural reforms.

Government expenditures, Legislative Bodies, Budget, Budgeting, Budgets

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