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Japan Foreign Investment

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BUSINESS
June 7, 1993 | From Times Staff and Wire Reports
Overseas Investment Tapering Off: Japan's appetite for direct investment abroad faded for the third year as companies continued to tighten their belts, the government reported. The Finance Ministry said direct foreign investment fell 17.9% to $34.14 billion in the fiscal year that ended in March.
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BUSINESS
May 4, 1999 | JONATHAN PETERSON, TIMES STAFF WRITER
President Clinton on Monday applauded new Japanese efforts to open its economy to foreign competition and slash red tape that strangles competition. But Clinton, in a joint news conference with Japanese Prime Minister Keizo Obuchi, warned that the Asian nation must restrain its steel exports to the United States or face U.S. retaliation. "We will take action if steel imports do not return to their pre-crisis levels on a consistent basis," Clinton said.
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BUSINESS
March 7, 1999 | JAMES FLANIGAN
From banks and finance houses near Tokyo's Imperial Palace to trading rooms on Wall Street and economic think tanks in Washington, excitement is running high because Japan's mammoth economy finally is awakening from a decade-long slumber. The experts' focus is on the Bank of Japan, the nation's central bank, which has been taking actions to dramatically expand the supply of lendable funds in Japan's economy. In the last week, the BoJ--the Japanese equivalent of the U.S.
BUSINESS
March 7, 1999 | JAMES FLANIGAN
From banks and finance houses near Tokyo's Imperial Palace to trading rooms on Wall Street and economic think tanks in Washington, excitement is running high because Japan's mammoth economy finally is awakening from a decade-long slumber. The experts' focus is on the Bank of Japan, the nation's central bank, which has been taking actions to dramatically expand the supply of lendable funds in Japan's economy. In the last week, the BoJ--the Japanese equivalent of the U.S.
BUSINESS
May 4, 1999 | JONATHAN PETERSON, TIMES STAFF WRITER
President Clinton on Monday applauded new Japanese efforts to open its economy to foreign competition and slash red tape that strangles competition. But Clinton, in a joint news conference with Japanese Prime Minister Keizo Obuchi, warned that the Asian nation must restrain its steel exports to the United States or face U.S. retaliation. "We will take action if steel imports do not return to their pre-crisis levels on a consistent basis," Clinton said.
BUSINESS
June 12, 1995 | Times Staff and Wire Reports
Japanese Invest Record Amount in Continent: Booming economies in Asia attracted a record amount of direct investment from Japan in the business year ended March 31, and the surging yen may accelerate the trend, the Finance Ministry said. North America was the biggest recipient of Japanese investment, but Asia overtook Europe to become No. 2 for the first time in eleven years, the ministry said. New Japanese investment in Asia soared 47% to a record $9.
CALIFORNIA | LOCAL
April 5, 2000
Keizo Obuchi's devastating illness has added political turmoil to Japan's gloomy economy. That's the last thing Tokyo needs as it tries to dig out of a recession, a recovery that will take more time and bolder reforms. The country cannot afford to remain in a political limbo for long. Obuchi's successor as prime minister is Yoshiro Mori, 62, secretary-general of the Liberal Democratic Party, a longtime associate of Obuchi and a skilled back-room politician but no visionary leader.
BUSINESS
May 27, 1987 | SAM JAMESON, Times Staff Writer
Japan held $180.3 billion in net foreign assets at the end of 1986, surpassing the highest U.S. level of $140.7 billion in 1981, the Ministry of Finance reported Tuesday. As of the year's end, Japan had $727.3 billion in claims against other countries, an increase of $289.6 billion in one year, the ministry said. Claims against Japan by other countries amounted to $547 billion, a gain of $239 billion.
CALIFORNIA | LOCAL
July 31, 1989
A new study of foreign investments in the United States is reassuring at a time when both Congress and some state legislatures are considering establishment of new barriers to discourage the flow of foreign money into the United States. The study lends support to President Bush's welcome commitment to resist the barriers and encourage a free flow of investments in the world.
BUSINESS
June 7, 1993 | From Times Staff and Wire Reports
Overseas Investment Tapering Off: Japan's appetite for direct investment abroad faded for the third year as companies continued to tighten their belts, the government reported. The Finance Ministry said direct foreign investment fell 17.9% to $34.14 billion in the fiscal year that ended in March.
BUSINESS
February 17, 1991 | SAM JAMESON, TIMES STAFF WRITER
Foreign investment, once considered a Trojan horse of neocolonialism, is changing the economic map of Asia. Asian countries that once erected stiff barriers to foreign investment in manufacturing are now fighting one another to get it. And nations that once were the targets of foreign investment themselves have suddenly become leading providers of it. The upshot is a major expansion of Asia's industrial base that promises to bring the region...
BUSINESS
January 10, 1998 | DAVID HOLLEY, TIMES STAFF WRITER
The financial crisis in Indonesia is being watched nervously in Japan, whose massive investment in the crisis-wracked Southeast Asian country has closely intertwined the two economies. With $21 billion in Japanese investment, Indonesia ranks first among Asian countries as a target for Japan's foreign direct investment--ahead even of China, with its far greater population and rapid growth rates, according to Japanese Finance Ministry statistics.
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