Veteran investor bets on Japanese insurance companies
Article Abstract:
Experienced US investor Martin Whitman is still putting money into several Japanese nonlife insurance firms despite the current economic turmoil as well as government deregulation experienced by such insurance firms in the country. Whitman has large shares in several Japanese companies such as Nissan Fire & Marine Insurance, Mitsui Marine & Fire Insurance and Chiyoda Fire & Marine Insurance. However, Whitman has already lost a sizable amount on Long-Term Credit Bank (LTCB) whose share prices have already dropped to 11 cents (15 yen) from 209 yen at the start of 1998.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Disney may go to Hong Kong
Article Abstract:
The Hong Kong stock market has gained 7.5% after rumors of talks between Walt Disney Co and the government regarding the establishment of a theme park were confirmed by the Hong Kong finance secretary. About $2.6 billion would be generated by the theme park on construction expenses, 95,000 low-skill jobs and three million additional tourists. Property developer HKR International, which stands to benefit if Disney pushes through with the theme park, has seen its share prices rise sharply.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Reform fever is catching and investors are feeling better: Singapore stands out as model in effort to make corporate sector more sensitive to stock market
Article Abstract:
Singapore-based companies are paying increased attention to the linked issues of corporate restructuring and value-creation for shareholders. There is growing interest in increased focus among conglomerates, greater transparency among banks, and stock buybacks among some companies. This could mean good news for investors who have long been frustrated with the sluggish pace of corporate restructuring in Asia.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Comment about this article or add new information about this topic:
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