Japan’s Foreign Investment Slows: The pace of...

Japan’s Foreign Investment Slows: The pace of growth in Japanese foreign direct investment for the fiscal year ending March 31 will edge lower for the first time in eight years, the Export-Import Bank of Japan reported. The bank’s survey of 277 companies showed direct investment dropping 2.8% in fiscal 1990 from the year before. That will follow gains of 26%, 116.9% and 48.7% in fiscal 1989, 1988 and 1987, respectively. The survey cited a slowdown in American and European economic growth and the Mideast crisis as factors.