The Tokyo stock market finds itself in a do-or-die situation at the beginning of the new year.
Spreads in credit have widened sharply in the wake of U.S. energy giant Enron Corp.’s collapse, making it extremely difficult for companies with low credit ratings to finance their operations.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.