31. Traders said postal savings and pension funds were chasing shares with the greatest earning potential, including telecommunication shares and semiconductor-related issues. 32. Ultimately, Waterhouse said, the postal savings system may have plans for international links, including the CIRRUS network which has hundreds of banks throughput the U.S. 33. Ultimately, Waterhouse said, the postal savings system may have plans for international links, including the CIRRUS network which has hundreds of banks throughout the U.S. 34. Yet instead of making the postal savings and insurance systems private, the government is proposing putting them under a new agency in five years. 35. Zaito uses money from the postal savings system and public pension funds. 36. Yet the proposal failed to say how the postal savings and insurance will manage their funds after they stop depositing trillions of yen in zaito. 37. Personal and company savings accounts from the closed banks will be transferred to a nationwide postal savings system, National Bank governor Mladjan Dinkic said. 38. Postal savings have grown steadily since last July, when some local credit unions suffered financial difficulties or were found to have financial irregularities, central bank officials said. 39. Japanese investors were pleased with a Telecommunications Ministry announcement Sunday that it plans to spend more funds from the postal savings system to buy stocks starting in April. 40. The tests will suspend computer networks at all banks, cooperatives, postal savings and domestic insurance companies. |