Ripples of gloom: economic downturn in Japan bodes ill for region

Article Abstract:

The Asian region is expected to be headed for economic difficulties as the Japanese economy declines and important industries experience decreasing profits. Japan is an important source of investments for Asian countries. Reduced spending by Japanese companies because of Japan's slumping economy will unfavorably affect Asian economies. Facing the most immediate difficulties are the electronics and vehicles industries. Their economic conditions, in turn, will adversely affect other industries such as steel and machine tools.

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The morning after: Japanese firms count costs of investment binge

Article Abstract:

The profitability of Japanese corporations hasbeen severely affected by the economic recession and the collapse of the 'bubble economy.' Cost containment is one option left to improve profits and save Japan's lifetime employment system. Among those most affected by these economic conditions are the car manufacturers and electronics companies. These sectors now have to contend with increases in depreciation costs and lower sales caused by over-expansion in Japan and other countries.

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Bankers as regents

Article Abstract:

EIE International Corp's $95 million deal for 65% of Regent International Hotels Co gives EIE controlling interest in the hotel group. The acquisition is critical to maintaining the collateral value of EIE's existing holdings of Regent. In spite of EIE's indebtedness, the company managed to raise the necessary financing for the acquisition.

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