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Gold/Mining/Energy : Gold Price Monitor

GDXJ 100.15

+0.3%

Nov 25 4:00 PM EST

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To: paul ross who wrote (6314)	1/20/1998 12:36:00 AM
From: Ahda	Read Replies (1) of 116767

satellite.nikkei.co.jp Japan/'97 Corp Insolvency Cases: Debt Hits Record High TOKYO (Dow Jones)-Debt left behind by Japanese corporate insolvencies soared 75.4% to a record 14.021 trillion yen in 1997, fueled by a slowing economy and instability in the financial sector, private credit research agency Teikoku Databank Ltd. said Monday. The number of insolvency cases climbed 12.5% to 16,365, the highest level since 1986, when there were 17,476 insolvencies. In December alone, insolvencies rose 26.5% from a year earlier to 1,593, while debt ballooned 319.1% to 2.746 trillion yen, the largest total for any month since World War II

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