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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Chip McVickar who wrote (1099)	12/5/1998 12:25:00 PM
From: Ahda	Read Replies (1) of 3536

GDP Of 9 Asian Nations, Regions To Slip 0.3% In '98: Think Tank OSAKA (Nikkei)-The real gross domestic product of nine Asian countries and regions will likely shrink 0.3% year on year in 1998, the first negative growth since the first survey in 1978, SRIC Corp. reported Friday. The negative forecast is mainly blamed on the currency and financial crises that emerged in 1997. Sanwa Bank (8320)'s research arm forecast the region will likely start to emerge from negative growth in 1999, when GDP is expected to grow by 2.6 %. However, it said a full recovery is unlikely. Most Japanese Commodity Prices To Drop In Jan-March: Survey

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