Southeast Asia's woes seen aiding firms

Article Abstract:

The currency crisis in Southeast Asia is seen to enhance long-term operations of Japanese firms in the region. Japanese investors are improving their local procurement to protect their companies from the negative effects of currency devaluation. They are also planning to tap local revenues to finance their operations instead of overseas loans. The currency crisis is also expected to improve the competitiveness of Japanese goods worldwide through the improved export condition of Asian countries, such as Thailand.

Exchange Rates, Southeast Asia

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Japan's banking woes grow

Article Abstract:

Japan's banking problems are likely to worsen as its banks predict dismal financial reports once new disclosure laws are implemented in 1998. The widening financial crisis affecting Southeast Asia is also likely to aggravate the Japanese financial situation through an increase in negative sentiment that is expected to bring the stock market to new lows. Meanwhile, reports about the financial debacles of the Japanese economy is bringing down the value of the yen against the US dollar.

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Banks (Finance), Financial institutions

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Yen's slide may boost Japanese exports, but it's bad news for crucial reforms

Article Abstract:

The yen's recent decline against the US dollar may boost Japanese exports but it may also stall some economic policies. As the yen drops, deregulation becomes an even more remote possibility. The delay in implementing deregulation impedes efforts to boost Japan's long-term competitiveness. However, Japanese government officials and business leaders contend that deregulation is likely to push through despite the yen's decline.

Prices and rates, Yen (Japan)

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