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WHO'S MESSING WITH THE MARKET?

Authors :
Bremner, Brian
Trinephi, Mia
Source :
BusinessWeek; 3/3/97, Issue 3516, p50-51, 2p, 1 Color Photograph, 1 Graph
Publication Year :
1997

Abstract

The article deals with the negative trends in the Japanese securities trading companies. A stock dispute in the Japanese private sector is threatening the state of securities trading in the country. With the status of trade unclear, corporate shares gave increased 85 percent on the over-the-counter market, which left firms Nomura and Paribas with combined losses of as much as $72 million if they get stuck with the stock. The economic trend is giving the public a rare glimpse of how the shares of small, thinly traded companies can be easily manipulated by bigger firms.

Details

Language :
English
ISSN :
00077135
Issue :
3516
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
19091474