Hints of domestic inflation such as rising labour costs have been balanced by the strong pound and the financial crisis in Asia.
In addition to the fall-out from the financial crisis elsewhere in Asia, the Japanese economy has two homegrown problems.
The financial crisis that began in Asia in 1997 dealt a huge blow to the giant business group, or chaebol, to which Hyundai once belonged.
His big bugbear is still currency trading, which he believes did huge damage to the Malaysian economy during the financial crisis that hit Asia in the late 1990s.
Why was this breathtaking march to prosperity brought to a grinding halt by the financial crisis that hit Asia in 1997?
Volatility in ICBC's shares led Goldman to report a full-year net loss in Asia in 2011, its first since the 2008 financial crisis.
This week that optimism became harder to sustain, as it emerged that two of the country's biggest banks are facing serious problems in the aftermath of East Asia's financial crisis.
On the eve of South-East Asia's financial crisis of the late 1990s, the cartel met in Jakarta and agreed to increase output.
They say that as the global financial crisis and the eurozone's debt issues hurt global demand in recent years, many of the economies in Asia eased their policies to help stoke domestic consumption to sustain growth.
Boom first appeared in 1997, emerging in the midst of Asia's financial crisis.
When its rivals pulled back from Asia during the region's financial crisis in 1997, Cisco deliberately increased its presence there, gaining a leading position it has never relinquished.
In my neighbourhood of Asia, the financial crisis of 1997-1998 brought tremendous pain to many Asian countries, but through austerity and sweeping economic reforms, they recovered relatively quickly and in much better shape.
They took over ahead of schedule -- and at a time when running a financial group in crisis-wracked Asia is among the most challenging jobs around.
It was the differences of Taiwan, however, that stuck out when financial crisis hit East Asia in late 1997.
In the first half of 2012, FDI inflows declined by 11 per cent in developing Asia, despite a strong recovery after the global financial crisis.
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Across crisis-hit East Asia, the situation is similar: Financial renovation is in the works, but the tougher task of rebuilding a bombed-out corporate landscape is only beginning.
Asia's financial crisis in 1997-98 showed the world how the region's tycoons and their cronies still treat their publicly owned companies as their private fiefs let the public shareholders eat cake.
Mr. Anwar challenged his boss at the height of Asia's 1997-98 financial crisis and was sacked from his post in 1998.
Senior officials travelling with Mr Kerry said that the exchange with those leaders would not be burdened by perceptions of American decline, unlike during Hillary Clinton's maiden voyage to Asia as secretary of state in February 2009, in the midst of financial crisis.
Thailand, where Asia's financial crisis began in 1997, has learnt its lesson the hard way.
He helped in the family restaurant business until 1998, when it was hit by the Asia financial crisis (they owned the brands Hanamasa and Pronto).
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Banks in the Asia Pacific region have rebounded faster than any other market from the global financial crisis and are now hunting for talent at all levels of their business.
Now, in the wake of our own financial crisis, a globalizing economy with large banks throughout Europe, Asia and the rest of the world, do we want to hinder the competitive advantage of U.S. firms and reduce the reach of our regulators?
The company, which earned high marks for getting through the financial crisis largely unscathed, seemed free to focus on boosting its already-enviable positions in fast-growing markets in Asia and elsewhere.
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His steely demeanor and tight focus may be a result of the fact that he started his Singapore-based Strategic Intelligence Ltd. in early 1998, when Asia's financial crisis was reaching full bloom.
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