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Strategies & Market Trends : Asia Forum

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To: Worswick who wrote (8050)2/21/1999 4:49:00 PM
From: Sam  Read Replies (1) of 9980
 
Good afternoon, Clark,
Here is an article on Taiwan that people may find of interest:
Message 7943088

For private use only, excerpt below:

<< Stimulus Efforts Lift Taiwan Stocks,
But Fail to Address Key Problems

By KIRBY CHIEN
Dow Jones Newswires

TAIPEI, Taiwan -- Several aggressive government measures to stimulate the
economy and revitalize flagging investor confidence succeeded Saturday in
fueling the largest jump on the stock market in eight months.

But economists said the measures lack the steps needed to address the
fundamental problems weighing on Taiwan's economy.

The measures, announced late Friday, sent the
stock market soaring 4.7% Saturday, the first
trading day after the week-long Lunar New
Year holidays, to 6072.33 points in the largest
one-day surge since June.>>

Best,
Sam
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