Securities industry girds for big changes: Japan is ready to phase in financial deregulation measures this week

Article Abstract:

Japan is planning to launch its 'Big Bang' financial deregulation measures on April 1, 1998 to incrementally open its financial markets in three years. Part of the significant changes contained in the measures include the deregulation of fees on stock trades of more than 50 mil yen, the liberalization of foreign exchange transactions, the allowing of banks to sell mutual funds through their branches and a ban on trading on some types of derivative products.

Financial Services, Finance and Insurance, Financial services industry, Deregulation

---

Sentiment improves in Japan, but economy still suffers; trickle of positive news clouded by data showing weak consumer spending and production

Article Abstract:

The sound economic policies launched by Japanese Prime Minister Keizo Obuchi have had very limited positive impact. Consumer spending was still declining as of Feb 1999. Unemployment continues to rise. Production and retail sales also experienced continuous drops. The Japanese stock market, however, provided some positive news. Bankruptcies have been reduced through availability of government loans for small and midsize enterprises.

Economic Programs, Administration of Economic Programs, Analysis, Economic aspects, Unemployment, Consumption (Economics), Obuchi, Keizo, Industrial productivity

---

Japan's brokers meet mutual-funds match

Article Abstract:

Japanese authorities is letting the country's banks and life insurance firms to sell mutual funds, which have served as the domain of brokers until now. The combatants will comprise the country's banks, brokers and major life insurers. However, there is already a team that is nearly guaranteed to generate winners such as global asset managers FMR Corp's Fidelity Investments, Putnam Investments and Merrill Lynch & Co.

Government regulation (cont), Life Insurance, Direct Life Insurance Carriers, Investment Offices, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Mutual Fund Mgmt Companies, Portfolio Management, Banking Regulation, Banking industry, Laws, regulations and rules, Insurance industry, Life insurance industry, Mutual funds, Mutual fund industry, Banking law

Similar abstracts:

• Abstracts: Free-press fears spread to financial reporting. Government spending plan feeds hopes of economic relief
• Abstracts: Shakeout for mobile phones. Samsung is aiming to be among cellular's top three after Olympics. Mergers and acquisitions entail human costs, study shows; pitfalls include charges tied to staff turnover, with poor communication as culprit
• Abstracts: New businesses must vie for small pool of employees: start-ups find they have to be resourceful in order to build their staffs - and retain workers
• Abstracts: New chairman maps out plans for San Miguel. Doosan plan poses challenges: Interbrew venture is a facet of restructuring
• Abstracts: She says 'he's tight with money.' He says 'she spends too much.' (tips for a couple's financial planning) part 2

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