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Japan Layoffs

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BUSINESS
March 30, 1994 | JAMES FLANIGAN
Behind the loud and public trade disputes with the United States, important changes are occurring in Japan's economy that should be reassuring to investors, business people and politicians in both countries. Most immediate is recovery from recession.
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BUSINESS
June 7, 1998 | JAMES FLANIGAN, TIMES SENIOR ECONOMICS EDITOR
The yen dwindles in value, but there is more important news from here, and it illustrates why Japan will never be the same. The purchase by Travelers Group of half of Nikko Securities, following Merrill Lynch's expansion in Tokyo, signals that Japan's closed financial and economic system--despite skepticism around the world--is going to open up dramatically in the next few years.
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