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Japan nationalizes troubled bank

...the government would be willing to close down non-viable banks," said James Fiorillo, a senior analyst at ING Baring Securities in Tokyo. One group that stood to suffer was LTCB's shareholders. The stock last traded at 2 yen (2 cents...

http://chronicle.augusta.com/stories/1998/10/24/bus_242711.shtml
Business
Wall Street extends losses as world markets plunge

...high percentage of their earnings from overseas markets," said Pelham Smithers, a stock strategist in Tokyo at ING Baring Securities (Japan) Ltd. A new survey in Japan said confidence among small- and medium-sized businesses about the economy...

http://chronicle.augusta.com/stories/1998/10/02/bus_240608.shtml
Business
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