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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Alex who wrote (8246)	3/12/1998 1:45:00 AM
From: Abner Hosmer	Read Replies (1) of 116785

Japan credit crunch rattles small business: biz.yahoo.com >>Surveys show firms of all sizes and across all industries are finding borrowing from banks more difficult. In some cases, banks are so desperate they are asking large companies to return loans for just the last day of March, when they close their books, one government survey said.<< Japan real estate firm said declared bankrupt: biz.yahoo.com >>The accumulated debts of the company... totalled 114.4 billion yen, Teikoku Databank said. It said the collapse is the second largest bankruptcy in Japan so far this year, after the collapse of Yamaichi Finance, a non-bank affiliate of failed Yamaichi Securities, which had liabilities of 171.3 billion yen.<< Japan firms see economy more severe--MOF survey: biz.yahoo.com >>For the current fiscal year ending March 31, the firms saw sales falling 2.3 percent and current profits falling 11.8 percent.<<

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