At 50, the Tokyo Stock Exchange is hurting

Article Abstract:

The Tokyo Stock Exchange's (TSE) 50th anniversary celebration was mired with uncertainty over its future. Where once it was one of the major exchanges in the world, it is on its way to becoming a second-rate regional exchange. This development is caused by the delisting of the overwhelming majority of its listed foreign companies which took their business elsewhere. The 125 foreign companies that were listed in 1990 declined to 73 in Mar 1996 and declined further to only 48 companies by Mar 1999.

Securities and Commodity Exchanges, Strategy & planning, Securities Exchanges, Stock-exchange, Exchanges, Securities listing, Tokyo Stock Exchange

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Taiwan posts rare deficit; exports weakened by hog-disease epidemic

Article Abstract:

Taiwan posted a trade deficit of $203.5 mil in April, 1997. Deficits are unusual, and there was a $845.1 mil surplus recorded in April 1996. An epidemic of hog disease lowered April exports to Japan, which is the largest importer of Taiwanese pork, by 22% to $972.8 million. Defense purchases, which reached about $387.1 million, caused import figures to increase by 8.9% to $37 billion.

Pork, Fresh & Frozen, Taiwan, International trade, Frozen meat, Pork, Balance of trade

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Tokyo directs cattle recall

Article Abstract:

The Ministry of Health, Labor and Welfare in Japan has encouraged food processors and manufacturers to recall products that may contain parts of cows that could transmit mad cow disease to humans.

Product standards, safety, & recalls, Health aspects, Product defects and recalls, Brief Article, Meat industry, Bovine spongiform encephalopathy

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