As the region picks up, Japanese banks sit out the party

Article Abstract:

Loans in Asia by Japanese banks fell by 13% in the last half of 1999, even as overall loans increased. Japanese banks seem to be withdrawing investments from the Asian regions in fear of another economic crisis, but other economic factors account for some of the shift. Bond and equity markets, and moves by Japanese firms in manufacturing and other industries are discussed.

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Bailout helps calm nerves across Japan, but regulators' worries aren't over

Article Abstract:

Government regulators took over the operations of Hyogo Bank and Kizu Credit after both firms generated negative debt status. The takeover was calmly accepted by Japanese financial markets and bank depositors even as state officials expressed fears of runs in other financial institutions. Finance Min. Masayoshi Takemura even appeared over national television to assure the country over government control over the situation.

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Banks curb Asia loans

Article Abstract:

Banks in Japan are continuing to be cautious in making loans in the Asian region. The region has seen ongoing uncertainty in its marketplaces.

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