from today's Nikkei

日経平均　バブル後安値　終値７１６２円　銀行株が急落　２６年ぶり水準　円独歩高　企業業績に懸念

Disturbance in the world finacial and securities markets never ceases.On the October 27 Tokyo Stock Exchange,the 225-issue Nikkei Stock Average plunged under the 7,607 yen, which has been the lowest in the period after the collapse of asset-inflated bubble economy marked in April, 2003. But the stock average index on the day closed at 7162 yen,marking the new lowest record in the after-bubble-economy period,also meaning the lowest in 26 years. This sharp decline is mainly because many banking stocks plunged suddenly.

Another concern is that only yen is being appreciated in the foreign exchange markets in the world. Many are worried that it will negatively affect the business performance,especially export-oriented businesses'.

from Saturday's Nikkei

円急騰　９０円台　一時１３年３ヶ月ぶり水準　欧州市場　市場の動揺収まらず　ユーロは１１３円台

The disturbance in the world financial and capital markets has never ceased. In the October 24 foreign exchange markets in the world, the yen soared,and in the European markets opening the transactions following the Tokyo market,the appreciation of the yen temporarily reached the level of 90 yen per a dollar,which is the highest yen and the lowest dollar after an about-13-years-and-3-month interval.

Agaisnt the euro, yen was up to 113 yen a euro.Due to this sudden appreciation of yen, there spread concerns about business performance worsening in the stock market,with the Nikkei Stock Average plunging under the 8,000 yen level,coming close to the lowest record in the period after the collapse of bubble economy,logged in April 2003.

from Sunday's Nikkei

金融危機　世銀、緊急融資を拡大　ＩＭＦと相互補完　途上国向け倍増へ

The World Bank has decided to extend its emergency loans to developing countries such as African and Asian countries which are forced to face difficulty in their budgetary managements, affected by the financial crisis.This is because investment funds of advanced coutries have conspicuosly flowed out of these developing countries. For coping with this type of difficukty in developing countries,the World Bank will supply these countries with stable and very-long-term fund of 15 to 20 years.The expected amount of loans would be double the 13.5 billion dallars loand in 2007.

Like this,the World Bank has focused its effort to support poverty-stricken countries,while IMF has started to extend its support to the so-called emerging economies or mid-sized countries like Iceland.In other words,the World Bank and IMF have started their roles complementing each other.

from today's Nikkei

「選挙より景気対策」６３％　内閣支持率４８％に低下　政党支持率横ばい　自民４１％、民主３１％

According to the poll jointly conducted by The Nihon Keizai Shimbun and TV Tokyo on October 24and 25,approval raring for the Aso cabinet was 48%, 5 points decrease from that logged just after the start of the cabinet in September.Meanwhile,disapproval rating for the cabinet was 43%,which is 3 points increase from the previous poll.Asked which one should be prioritized,economic measures or the House of Representatives' elections,63% of the respondents said economic measures should be prioritized, while 29% replied the elections should be.

As to approval ratings for political parties,they remaind flat,unchanged from the previous poll,with the approval rating for LDP 41% and that for DPJ 31%.

from today's Nikkei

日米欧　金融機関の損失処理促す　リスク見えぬ金融保証商品　清算期間を設立
市場安定へ透明性向上

It is learned that Japan,the U.S. and the European countries are likely going to establish clearing houses that will take over financial institutions's investments in financial instruments if these investments will give them losses because of some reasons like bankruptcy of the company issuing such a financial instrument.This is aimed at improving the transaparency and security of such financial instruments and the related market.