search query: @author Bremner, B. / total: 18
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| Author: | Bremner, B. |
| Title: | Two Japans |
| Journal: | Business Week
1997 : JAN 27, VOL. 3495-8:825, p. 30-34 |
| Index terms: | ECONOMICS JAPAN STOCK MARKETS |
| Language: | eng |
| Abstract: | You can see it in the faces of dispirited traders streaming out of the Tokyo Stock Exchange or sense it in the mood of homebound commuters transfixed by the neonlit market numbers flashing on a giant electronic display at the Tokyo central train station. After seven straight years of distress, the Nikkei stock average is melting down again. What started as a modest decline last fall and accelerated in recent weeks has cast a pall over Kabuto-cho, Tokyo's Wall Street. The Nikkei has tumbled 20% from its 1996 high, extending a bear market that has eliminated $2 trillion worth of value from the Tokyo STock Exchange's blue chips since their 1989 peak. |
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