1994-07-11, English, Article, Other article edition: Strong yen puts Japan's cash-rich insurers in a dilemma. Hardy, Quentin

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Bookmark: http://trove.nla.gov.au/version/110639612
Physical Description
  • Newspaper article
Published
  • Dow Jones &​ Company, Inc., 1994 July 11
Language
  • English

Edition details

Title
  • Strong yen puts Japan's cash-rich insurers in a dilemma.
Appears In
  • The Asian Wall Street Journal Weekly, v16, no.n28, 1994 July 11, p20(1) (ISSN: 0191-0132)
Author
  • Hardy, Quentin
Published
  • Dow Jones &​ Company, Inc., 1994 July 11
Physical Description
  • Newspaper article
Subjects
Target Audience
  • General
  • Trade
Summary
  • Japan's giant life insurers, worried that the Japanese yen will continue to appreciate, have scaled down their holdings of foreign securities to less than 9%. These insurers hoard their cash, estimated to amount to $100 billion, for fear that they might experience the same severe backlash they had during the early 1990s. By accumulating cash, the insurers strengthen the yen, which in turn, hurts the stock market. The trend is likely to prevail unless Japan open its market wider to foreign investors.
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15591681

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Edith Cowan University. Edith Cowan University Library. Open to the public Periodical; Newspaper English
The University of Melbourne. The University of Melbourne Library. Open to the public Ba MIC/o 5834; v.12, no.1-; Jan. 1, 1990- Microform; Periodical; Newspaper English
University of Queensland. University of Queensland Library. Open to the public 1051171; CENP HC411.A759 <1051171> ; Jun. (1992) onwards Periodical; Newspaper English
University of Technology Sydney. University Library. Open to the public .b1441529x; held Periodical; Newspaper English
University of Wollongong. University of Wollongong Library. Open to the public .b10096747; held Periodical; Newspaper English
Victoria University. Victoria University Library. Open to the public 32598; STA <32598> Periodical; Newspaper English
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University of Technology Sydney. University Library. Open to the public .b1441529x; held Periodical; Newspaper English
University of Wollongong. University of Wollongong Library. Open to the public .b10096747; held Periodical; Newspaper English
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University of Queensland. University of Queensland Library. Open to the public 1051171; CENP HC411.A759 <1051171> ; Jun. (1992) onwards Periodical; Newspaper English
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Library Access Call number(s) Formats held Language
The University of Melbourne. The University of Melbourne Library. Open to the public Ba MIC/o 5834; v.12, no.1-; Jan. 1, 1990- Microform; Periodical; Newspaper English
Victoria University. Victoria University Library. Open to the public 32598; STA <32598> Periodical; Newspaper English
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