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Strategies & Market Trends : Asia Forum

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To: Thomas Haegin who wrote (1254)	1/20/1998 9:29:00 AM
From: Thomas Haegin	Read Replies (1) of 9980

Repost: More good news on Japan.... ---------------------------------------------------- Infobeat from 01/19/98 Japan's bankruptcies reach 11-year high Ruined by a credit crunch and a stagnant economy, Japanese business bankruptcies reached an 11-year high last year and debts of the failed firms were the most since the end of World War II, researchers said Monday. In all, 16,365 businesses went under last year, 12.5% more than the year before and the most since 1986 when 17,476 companies collapsed, according to a report by Teikoku Databank. (USA Today)

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