Tuesday, April 10, 2007

Japan bankruptcy debt hits 16-year low in 2006/07

(Reuters) - The combined debt of bankruptcies in the year to March totalled 5.4 trillion yen , down 11.03 percent from the previous year to the lowest amount since 1990, data from Tokyo Shoko Research showed.

There were 13,337 bankruptcies during the year, up 1.26 percent.


Read more at Reuters.com Economic News

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