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Article: CORRECTION BUSINESS IN ASIA TODAY - JAN 4, 2002.
- Article from:
- AsiaPulse News
- Article date:
- January 4, 2002
CopyrightCOPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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(Repeating to correct date in headline.)
Business in Asia on Jan 4, 2002. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
JAPAN'S ISHIKAWA BANK FILES FOR BANKRUPTCY AMID NET WORTH WOES
TOKYO - Ishikawa Bank filed for bankruptcy with the Financial Services Agency (FSA) under the Deposit Insurance Law amid difficulty in eliminating its negative net worth. The FSA dispatched a receiver to manage Ishikawa Bank's operations and assets. The Bank of Japan will extend special unsecured loans to the bank until the receiver-led management ends. ...