Shintaro Ishihara, the new governor of Tokyo, bypassed traditional remedies when he promised during his election campaign in April to set up a junk bondmarket to revive the capital's flagging economy. Mr Ishihara's proposal has been criticised by some analysts for ignoring some fundamental structural problems in Japan's capital markets...more
Shintaro Ishihara, the new governor of Tokyo, bypassed traditional remedies when he promised during his election campaign in April to set up a junk bondmarket to revive the capital's flagging economy. Mr Ishihara's proposal has been criticised by some analysts for ignoring some fundamental structural problems in Japan's capital markets...
