Laggard sector looks up

Article Abstract:

Current investment in Asian Bank stocks is discussed.

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Intervention by central banks offers long-term hope

Article Abstract:

Asian stock markets have fallen due to the terrorist attacks in the U.S. and fears of war, and many central banks are trying to bolster share prices by cutting interest rates or investing in equity markets. However, these measures have not yet stalled stock declines, and government intervention could cause unwanted side effects.

Securities Exchanges, Economic aspects, Economic policy, Central banks, Terrorism, World Trade Center and Pentagon Attacks, 2001, War on Terrorism, 2001-

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Now is the time to buy Japan's bank shares, analyst says: stocks hit the hardest could offer th biggest gains from government rescue package

Article Abstract:

Banking analyst Robert Zielinski of investment firm Lehman Brothers believes that the time is ripe for investors to pick Japanese bank stocks, given the potential of bank stocks to improve on investment profits with the coming government rescue package for the banking industry. This is already manifest in the five-day rally of banking industry stocks, whose index in the Nikkei surged to high rally of 13%, compared to the 8% increase in the index of other sectors.

Japan

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