Officials send crucial banking bill to parliament

Article Abstract:

An important banking bill has been submitted to the Japanese parliament by the ruling Liberal Democratic Party (LDP). The financial community believes that the bill can reduce the deteriorating credit situation that is afflicting Japan's banking system. The credit crunch is also affecting economies all over the Asian region. Under the terms of the bill, regulators would be permitted to infuse public funds into banks that have used up their capital by writing off bad loans.

Comment:

Japan: Important banking bill submitted to the Japanese parliament by the ruling Liberal Democratic Party (LDP)

Commercial Banks, Commercial Banking, Government regulation (cont), Article

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Companies consider staff cuts to extend stock rally; more corporate restructuring may be needed to keep the market rising

Article Abstract:

Corporate Japan has to consider more restructuring despite its booming stock prices to keep the rally going. Experts observe that Japanese stocks still have plenty of room to gain and changes such as restructuring programs will be reflected into prices. Another approach that many firms are already resorting to is staff cuts. Less-optimistic observers, however, say that instead of more head-count reduction and restructuring, firms must also boost profits.

Securities and Commodity Exchanges, Financial management, Securities Exchanges, Corporations, Cost Control Techniques, Management, Prices and rates, Stocks, Stock-exchange, Stock exchanges, Exchanges, Stock prices, Cost control

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