41. Many traders said they doubted the new deregulation steps would have an immediate impact on Japanese investment overseas. 42. Massive Japanese investments in everything from air-conditioner factories in Malaysia to car assembly lines in Tennessee are overshadowed by the scale of British overseas investment a century ago. 43. More Japanese investment abroad would weaken the yen by creating more demand for foreign securities and the currency needed to buy them. 44. Moreover, highly leveraged Japanese investment funds seem to have influenced the wild market swings of recent days. 45. Merrill Lynch recently expanded its presence in Asia by buying some assets of a big Japanese investment house. 46. Moreover, highly risky Japanese investment funds seem to have influenced the wild market swings of recent days. 47. No property epitomizes failed Japanese investment in U.S. real estate more than venerable New York landmark Rockefeller Center. 48. Numbers showed that Japanese investment in foreign securities, particularly bonds, slowed in November. 49. Returns on Japanese investments abroad are eroded when the yen strengthens. 50. Record-low interest rates in Japan hurt the yen by diminishing the allure of some Japanese investments. |