Major Japanese Life Insurer Fails; Economy: Chiyoda Mutual files for bankruptcy protection. Analysts expect failure will hurt consumer confidence Home Edition
"The Japanese economy has been putting its worst behind it, but a recovery in private-sector demand is not yet a sure thing," said DKB Research Institute chief economist Akio Makabe. "Chiyoda's failure will hurt people's confidence and pour cold water on the much- needed rec...
Saved in:
Published in | The Los Angeles times |
---|---|
Main Author | |
Format | Newspaper Article |
Language | English |
Published |
Los Angeles, Calif
Los Angeles Times Communications LLC
10.10.2000
|
Subjects | |
Online Access | Get full text |
Cover
Loading…
Abstract | "The Japanese economy has been putting its worst behind it, but a recovery in private-sector demand is not yet a sure thing," said DKB Research Institute chief economist Akio Makabe. "Chiyoda's failure will hurt people's confidence and pour cold water on the much- needed recovery in private-sector demand." Chiyoda's failure should heat up a survival battle in the hard- hit insurance industry, which is already reeling from a triple blow of falling premium income, low investment returns and weak share prices. Tokai, which has spearheaded rescue efforts for Chiyoda Life, told the ailing insurer it must tie up with a foreign firm to get any financial help. The bank had hardened its stance while it concentrated on a planned union next April with Sanwa Bank and Toyo Trust & Banking. |
---|---|
AbstractList | "The Japanese economy has been putting its worst behind it, but a recovery in private-sector demand is not yet a sure thing," said DKB Research Institute chief economist Akio Makabe. "Chiyoda's failure will hurt people's confidence and pour cold water on the much- needed recovery in private-sector demand." Chiyoda's failure should heat up a survival battle in the hard- hit insurance industry, which is already reeling from a triple blow of falling premium income, low investment returns and weak share prices. Tokai, which has spearheaded rescue efforts for Chiyoda Life, told the ailing insurer it must tie up with a foreign firm to get any financial help. The bank had hardened its stance while it concentrated on a planned union next April with Sanwa Bank and Toyo Trust & Banking. |
Author | SHIMOGORI, MIKI |
Author_xml | – sequence: 1 givenname: MIKI surname: SHIMOGORI fullname: SHIMOGORI, MIKI |
BookMark | eNqNjT1uQjEQhF1AQSB32IIWBDz-U0UIBIjXpUfLYy0MZu14bZF3jNwYFxyAakajmW8-VIMdU0O1BuPJvFcMiklL_Zd4dQH26JFJCA5GE-xYUqAAGzRWvmBdOXb3egmri6ndGaFMMaEFbSwJ6Dw_Id9C8rGqwQcXqYrGcR--GW0tUYD-fM5AZ14Gw8NYC5cUImSypHu-ykabM3FFHdXUaIU-X9pW3c36Z7XtZfJvIolHpod49BTkOB4NZ8PFdDoq3qw9AUTSVx4 |
ContentType | Newspaper Article |
Copyright | Copyright (c) 2000 Los Angeles Times |
Copyright_xml | – notice: Copyright (c) 2000 Los Angeles Times |
DBID | 0TT 0U~ 3V. 7RT 7XB 7XH 81A 8FK ABUWG AFKRA AZQEC BEC BENPR CLPLZ DWQXO EQCNB EVNAE GNUQQ GUQSH K0R K0S K0U K2- KB~ KK- KL~ L.Z M.J M1S M1T M2C M2J M2K M4Q M7A M9H PQEST PQQKQ PQUKI Q9U S0Q S0R S0X X9Z |
DatabaseName | News PRO Global News & ABI/Inform Professional ProQuest Central (Corporate) ProQuest Newspaper Collection ProQuest Central (purchase pre-March 2016) ProQuest Newsstand Los Angeles Times (Alumni Edition) ProQuest Central (Alumni) (purchase pre-March 2016) ProQuest Central (Alumni) ProQuest Central ProQuest Central Essentials eLibrary ProQuest Central ProQuest Global Newsstream ProQuest Central ProQuest - U.S. Major Dailies ProQuest - U.S. Newsstream ProQuest Central Student Research Library Prep National Newspapers (8) GA National Newspapers Core (Alumni) National Newspapers Premier (Alumni) Pacific Newsstand ProQuest Newsstand Professional U.S. National Newspapers ProQuest Newsstand (Alumni) California Schools Newspapers California Newspapers National Newspapers Core National Newspapers Expanded California, South Newsstand Business Dateline National Newspapers Premier U.S. & California Newspapers Los Angeles Times Regional News - Pacific ProQuest One Academic Eastern Edition (DO NOT USE) ProQuest One Academic ProQuest One Academic UKI Edition ProQuest Central Basic National Newspapers Abstracts 5 with New York Times National Newspapers Expanded (Alumni) SIRS Editorial Western Newsstand |
DatabaseTitle | Western Newsstand Regional News: Pacific U.S. National Newspapers Research Library Prep ProQuest Newspaper Collection ProQuest Central Student ProQuest Newsstand (Alumni) News PRO ProQuest Central Essentials SIRS Editorial elibrary National Newspapers Premier ProQuest Central (Alumni Edition) US Newsstream ProQuest Central California, South Newsstand Global News & ABI/Inform Professional Los Angeles Times (Alumni Edition) U.S. & California Newspapers Pacific Newsstand ProQuest Central Korea National Newspapers (8) GA US Major Dailies California Schools Newspapers Global Newsstream ProQuest Newsstand Professional California Newspapers ProQuest Central Basic ProQuest One Academic Eastern Edition ProQuest Newsstand National Newspapers Abstracts 5 with New York Times Business Dateline National Newspapers Expanded (Alumni) National Newspapers Premier (Alumni) ProQuest One Academic UKI Edition Los Angeles Times National Newspapers Expanded National Newspapers Core (Alumni) ProQuest One Academic ProQuest Central (Alumni) National Newspapers Core |
DatabaseTitleList | Western Newsstand |
Database_xml | – sequence: 1 dbid: BENPR name: ProQuest Central url: https://www.proquest.com/central sourceTypes: Aggregation Database |
DeliveryMethod | fulltext_linktorsrc |
ExternalDocumentID | 62384623 |
Genre | News |
GeographicLocations | TOKYO |
GroupedDBID | -~X 0TT 0U~ 0ZK 123 21G 29L 3V. 41~ 4IJ 7RT 7XB 7XH 81A 85S 8FK 96U AAWTL AAWTO ABAJA ABQTI ABUWG ACBMB ACCUC ADEYR AEBGW AFAZI AFKRA AGBUN ALMA_UNASSIGNED_HOLDINGS AZQEC BAW BCE BCR BEC BEE BENPR BHRNT BLC BLIMU BPHCQ BSS CCPQU CLPLZ CWYEY DWQXO EQCNB EVNAE F5P F8P FKKPI GNUQQ GROUPED_PQ_HIST_NEWS GUQSH INC JRCIL K0R K0S K0U K2- KB~ KK- KL~ L.Z LGEZI LOTEE LXO LXU M.J M1S M1T M2C M2J M2K M4Q M7A M9H NADUK NHB NXXTH PCD PDI PQEST PQQKQ PQUKI PROAC Q9U RWL RXW S0Q S0R S0X SJFOW SJN TAE TAF TN5 UNMZH UQL WH7 X6Y X9Z XPM YQT ZKB ZRQ ~-P ~X8 |
ID | FETCH-proquest_newspapers_4217196623 |
IEDL.DBID | BENPR |
ISSN | 0458-3035 |
IngestDate | Sat Sep 21 15:55:56 EDT 2024 |
IsPeerReviewed | false |
IsScholarly | false |
Language | English |
LinkModel | DirectLink |
MergedId | FETCHMERGED-proquest_newspapers_4217196623 |
NewspaperSection | Business; PART- C; PART-; Financial Desk |
PQID | 421719662 |
PQPubID | 46999 |
ParticipantIDs | proquest_newspapers_421719662 |
PublicationCentury | 2000 |
PublicationDate | 20001010 |
PublicationDateYYYYMMDD | 2000-10-10 |
PublicationDate_xml | – month: 10 year: 2000 text: 20001010 day: 10 |
PublicationDecade | 2000 |
PublicationPlace | Los Angeles, Calif |
PublicationPlace_xml | – name: Los Angeles, Calif |
PublicationTitle | The Los Angeles times |
PublicationYear | 2000 |
Publisher | Los Angeles Times Communications LLC |
Publisher_xml | – name: Los Angeles Times Communications LLC |
Score | 2.3853998 |
Snippet | "The Japanese economy has been putting its worst behind it, but a recovery in private-sector demand is not yet a sure thing," said DKB Research Institute chief... |
SourceID | proquest |
SourceType | Aggregation Database |
Subtitle | Home Edition |
Title | Major Japanese Life Insurer Fails; Economy: Chiyoda Mutual files for bankruptcy protection. Analysts expect failure will hurt consumer confidence |
URI | https://search.proquest.com/docview/421719662 |
hasFullText | 1 |
inHoldings | 1 |
isFullTextHit | |
isPrint | |
link | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwhV1NS8NAEF20vXirqPhVmUOvqzXNtlEPoqWhFlNEFHoru5sNrZYk5uOQn-E_diYfIgh6CywM2Z3Nm8du3jzGelIpB0d8rhwluK0syWVfGa6R3puBL4dWqUrz5sPpqz1biMUPFX-d3wYWS6z2I03H5Bc20mfcMEPrNv7g5BtF96u1icY2a2PxGuEeb99P5k_PBMC2cDgitPgFs2XtcDusQ0ASy9gkcFflaZdtmXCPfXryLUpghvWKfCDhcR0YeAjpzC4BV6436Q1UwuHiGsardRH5ErycFB9A_ZRSQMYJSobvSR5nuoC66QIu9TlU3UayFKiHv84gwHgYGJAbb2CVJxnoWn1JD0HlLbrPeu7kZTzlzUyWYfPu6fJ7YQYHrBVGoTlkYK6CS2EGUpM7ETmKWMjMzAi_0ECMtFBHrPtnqON_xk_YTqlKp587-qeslSW56WJ9ztRZnYIvgeWfEw |
link.rule.ids | 306,786,789,790,21576,33783,43840 |
linkProvider | ProQuest |
linkToHtml | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwhV1NT8JAEJ0oHPSGUeMXOgeuq9h2AfVglEAAKTEGE25kd7sNIGlrPw78DP-xs23xYqK3JptM2t3tm9ftvHkADSFlh0Y8JjuSM0dagomm1EwRvde2J1pWrkpzJ63BuzOa8VlZm5OUZZVbTMyB2guVOSO_cYg7025pWY_RJzOmUebnaumgsQtVx6YvlQpUn3uT1zeDvg7vMIJn_gtj88TRr0HNoEgkIh3jU7FIB7Cjg0P4csUqjHFEycqYQOJ46WscBubALsa-WK6TByxUw5t77C6Wm9AT6GZG7oGmmVKCRDdRiuAjzqJUbbDsuEDzfI1Fq5E0QdPAX6XoUzwKjESM17jI4hRVKb00F35hLHoEjX5v2h2w7ZPMg-29J_OfibGPoRKEgT4B1Hf-Lde2UMaayNiJWETLdJteT5-3FZenUP8z1Nk_41ewN5i64_l4OHk5h_1cnm6qPJoXUEnjTNcpUafyslyOb-a1oOc |
openUrl | ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=Major+Japanese+Life+Insurer+Fails%3B+Economy%3A+Chiyoda+Mutual+files+for+bankruptcy+protection.+Analysts+expect+failure+will+hurt+consumer+confidence&rft.jtitle=The+Los+Angeles+times&rft.au=SHIMOGORI%2C+MIKI&rft.date=2000-10-10&rft.pub=Los+Angeles+Times+Communications+LLC&rft.issn=0458-3035&rft.externalDocID=62384623 |
thumbnail_l | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/lc.gif&issn=0458-3035&client=summon |
thumbnail_m | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/mc.gif&issn=0458-3035&client=summon |
thumbnail_s | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/sc.gif&issn=0458-3035&client=summon |