haku: @author Healy, T. / yhteensä: 16
viite: 13 / 16
Tekijä: | Healy, T. |
Otsikko: | A wild ride in 1995 |
Lehti: | Asiaweek
1995 : DEC 22-29, VOL. 21:51, p. 72-74 |
Asiasana: | JAPAN COMPANY REPORTS INVESTMENT |
Kieli: | eng |
Tiivistelmä: | All of Asia felt the rise - and the fall - of Endaka. For Japan, the Year of the Boar felt more like the Year of the Loon - as in wild. The yen soared. Then it began to fall back as the Bank of Japan and other central banks intervened. A trade war with the U.S. was only narrowly averted in June. Unemployment reached new heights. A mountain of debt weighed down banks and credit unions. A real-life earthquake that razed Kobe and nearby towns did not help. GDP growth for 1995, Japan's fourth year of recession, will likely be 1 %. |
SCIMA