An oddly muscular yen: Japan hasn't bounced back, but its currency has

Article Abstract:

The yen rebounded in October 1998 despite the Japanese economy being is a gridlock. While the US economy is stronger in many ways, the perceived instability in American leadership and Alan Greenspan's poor predictions for the economy caused the fall of the dollar. Many companies have been borrowing in yen and investing in dollars to benefit from low interest rates in Japan. Swinging exchange rates impacts companies such as Tiger Capital Management.

Japan, Yen (Japan)

---

The other Asian monster bomb: the hot money that burned Suharto has not yet immolated its final victim

Article Abstract:

The economic crisis in Asia is an indication of the power of global capital markets to impose changes on national economies. The crisis caused the downfall of Suharto and is likely to implode the new Indonesian government. It is affecting the healthier Asian economies of China and Japan. Consensus on how to manage the global economy is disintegrating.

Asia

---

Us fallout still a reality

Article Abstract:

Australia may have weathered the Asian economic crisis of 1998, but it could still be affected by the slowdown in the US. A significant part of Australia's current account consists of holdings by US investors, and any US recession would lead to an outflowing of capital from Australia.

Australia, International aspects, United States economic conditions

Similar abstracts:

• Abstracts: Magna in overdrive: no Canadian has profited from contracting out as much as Stronach. Singing the blues: discount dealers and record clubs put the squeeze on music retailers
• Abstracts: Aging populace behind jump in cancer rates. Economy on a roll, Martin says
• Abstracts: Can Cray's stock come back? Computer changes jolt Route 128. Module lineup gives a little organizer big ambitions. (products in the Handspring Visor)
• Abstracts: AT&T says Liberty Media spinoff tax free. Sprint board backs MCI bid. Verizon to sell long-distance in Mass
• Abstracts: In step with Jeff Greenfield. In step with Isaac Mizrahi

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