Economists ponder impact of a bold yen

Article Abstract:

The continued appreciation of the yen has taken a toll on exporters' earnings but it will not cause an economic crisis in Japan. This is due to the steady improvement of the Japanese economy. A growth of 8.1% was recorded in the first three months of 1999 which served as a cushion against the strength of the yen. The rise in the value of the yen can be traced to inward flows of capital from investors eager to cash in on Japan's economic recovery. By purchasing Japanese assets, the influx of cash has pushed up the value of the yen.

Japan, International economic relations, Currency Stabilization Programs, Economic aspects, Prices and rates, Currency stabilization, Yen (Japan)

---

Market rules to be stricter

Article Abstract:

The Japanese government disclosed plans to harness stock speculators and chastise market manipulators more aggressively. Nonetheless, some analysts claimed the move will still be unable to strengthen the stock market. Analysts also claimed the plans are aimed at warding off a market breakdown before a more comprehensive package of financial methods passes through the Japanese parliament late in January 1998. However, Finance Minister Hiroshi Mitsuzuka disclaimed the measures were designed to strengthen stock prices.

Economic Planning & Research, Management, Stock-exchange, Stock exchanges, Economic policy, Economic conditions

---

Security concerns surface

Article Abstract:

The continuing Asian financial and economic crisis is already instigating several political crisis in the region. Foremost is the threat of a war between Japan and North Korea as North Korea tested a ballistic missile over the main island of Japan which fortunately landed somewhere in the Pacific, announcing the nuclear capability of the country. Japan remains the subject of excessive criticisms from several of its Asian neighbors for failing to save the Asian economies.

Economic & Political Union, Political aspects, Asia, Japanese foreign relations, North Korea, North Korean foreign relations

Similar abstracts:

• Abstracts: Analysts ponder CCT move; spin-off of HKNet could prove lucrative. AsiaSat's fizzled launch sparks buying opportunity
• Abstracts: Building a bailout. Uncertain road

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.