Word: largest
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...finance. Their trade surplus, combined with a high personal-savings rate, has provided the Japanese with a huge pool of cash to spread around the world. That has given enormous muscle to Japan's financial institutions. Four of the world's top securities firms and seven of the ten largest commercial banks are now Japanese, and they are moving in a big way onto the American monetary scene. Last year Sumitomo Bank paid $500 million for 12.5% of the Goldman, Sachs investment firm. In March Nippon Life Insurance bought 13% of the Shearson Lehman Bros. brokerage house for $538 million...
Differences there are. The front runner is Takeshita, 63, a cautious political pro who proudly admits building his career on "patience and $ silence." Diligently executing other men's policies rather than pushing his own ideas, he is viewed by critics as an unoriginal thinker. Takeshita controls the largest faction in the Diet, with 114 votes, but it is well below the 223 required for victory...
...from his predecessors. While charges of ballot fraud, patronage and corruption have long dogged the P.R.I., the allegations are growing dangerously heated. Last year the situation turned particularly bitter after closely contested mayoral elections in the northern state of Chihuahua, a stronghold of the conservative National Action Party, the largest of the eight opposition parties. Afterward a P.R.I. official conceded, "We may have won the elections, but we have lost the people...
...economic growth is expected to reach 12% this year. Leaving many high-tech fields to the other NICs, Hong Kong is concentrating on being a financial center. Virtually all the world's major banks have offices there. Hong Kong is also developing its role as the gateway to the largest potential market in the world: China...
...major industrial breakthrough. Cases in point: Chrysler Chairman Lee Iacocca announced in September that for the first time in nearly ten years, the automaker would begin selling U.S.-made autos in six West European countries -- and at prices lower than those of competitive models. Earlier this year the largest U.S. steelmaker, USX, sold 20,000 tons of hot-rolled bands to an Osaka tube company at a price some 12% below what Japanese producers were offering...