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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (833)3/30/2001 12:52:22 AM
From: ms.smartest.person  Read Replies (1) of 2248
 
MARKET TALK: Economists Eye Japan Fallout On Asia
13:01, 2001-03-30

[Call Us: NY 201 938-2085, London 44-20-7842-9495, Singapore 65-421-4808]

0347 GMT [Dow Jones] While Asia has already caught cold from U.S., some economists say it could get flu from Japan, which still takes up major chunk of Asia exports. ING Barings economist Tim Condon estimates a 10% drop in Japan demand for region's exports would cut regional GDP by 0.8%: ""This implies Asia may require not just a V-shaped recovery in the U.S. for its export and GDP growth rates to bottom, but also at least a stabilization of the Japanese economy.""(RXM)
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