1. Japanese stocks traded mixed as gains by electronics makers on optimism of continued U.S. demand offset declines by construction companies following the bankruptcy of Daito Kogyo Co. 2. Revenues have risen since, following the bankruptcy of a leading competitor and problems at other manufacturers. 3. Traditionally, those costs have been covered by short-term commercial loans, but uncertainty following the bankruptcy of Enron Corp. has forced interest rates on such financing higher. 4. Banks and non-banking financial institutions have sharply tightened credit following the bankruptcies of two major steel making firms earlier this year. 5. The collapses followed the bankruptcy of Cosmo Credit Corp. earlier this year, and raised anxieties about the stability of the Japanese financial system. 6. The closure of Taiheiyo, the victim of property speculation, follows the bankruptcy last August of Hyogo Bank of Kobe. |