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Non-Tech : MBK---------Bank of Tokyo Mitsubishi Ltd -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (47)	6/30/1998 7:26:00 PM
From: chirodoc	Respond to of 170

<<<I am waiting for one more dive to 8 by MBK when the US tanks .most likely time will be fall--statistically ...hopefully mbk will be higher by then--12-13? curtis

To: Lucretius who wrote (47)	7/4/1998 10:42:00 AM
From: chirodoc	Read Replies (1) \| Respond to of 170

Saturday July 4, 6:29 am Eastern Time Japan foreign min says must live up to tax promise TOKYO, July 4 (Reuters) - Japanese Foreign Minister Keizo Obuchi said on Saturday that Japan must live up to the promise of permanent tax cuts laid out by Prime Minister Ryutaro Hashimoto. On Friday, Hashimoto said that there should be permanent tax reform. His remarks were seen as the strongest sign yet that Japan would agree to permanent tax cuts, a measure widely recommended by financial analysts to spur languishing economic demand. ''The prime minister himself mentioned making tax cuts permanent. He also mentioned lowering corporate taxes to global standards...we must keep a public promise made by our prime minister during campaigning,'' Obuchi said in a briefing for reporters after meeting U.S. Secretary of State Madeleine Albright. Hashimoto's remarks came as he campaigned for Liberal Democratic Party candidates for the elections to the less-powerful Upper House of parliament to be held on July 12. On Thursday, the government backed a ''bridge bank'' plan designed to protect borrowers of failed banks. Obuchi also said that the parliament should move sharply on the measures in a special session scheduled for after the election, but did not make clear if the session should consider permanent income tax reductions. ''After the election is over, we will call the diet (parliament) and swiftly move to legalise these issues,'' he said. Hashimoto and other LDP officials have talked of a desire to lower Japan's income tax rates closer to those in other G7 nations but have advocated paying for this with a higher consumption tax. A rise in the sales tax from three percent to five percent in April 1997 was widely seen as contributing to the snuffing out of a fragile economic recovery.