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Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?

To: Scotsman who wrote (4962)	8/24/1999 9:20:00 PM
From: MangoBoy	Respond to of 6846

[Japan's KDD to tie up with Qwest, Singapore Tel.] NEW YORK, Aug 24 (Reuters) - Japan's KDD Corp. (TOKYO:9431) is in the final phase of its negotiation to set up a data communications joint venture with Qwest Communications International Inc. of the U.S., The Nihon Keizai Shimbun (Nikkei) reported. Nikkei's Wednesday edition, citing Japanese company sources, said KDD is also negotiating with Singapore Telecommunications Ltd. (SIN:TELE) on taking each other's stakes. According to Nikkei, the joint venture between KDD and Qwest aims to establish a next-generation high speed communications network to provide low-cost data telecom services to multinational firms in the U.S. and Japan. The Japanese telecom firm was in talks with Singapore Telecom for acquiring a three to five percent stake in each other to develop new telecom services, Nikkei reported. --- HOT STOCKS-Japan: KDD TOKYO, Aug 25 (Reuters) - The following stocks are on the move on Wednesday. 0026 GMT - KDD Corp (TOKYO:9431) up 500 yen or 6.67 percent at 8,000 after a newspaper report on Wednesday that the international telecommunications company is in the final phase of its negotiation to set up a data communications joint venture with Qwest Communications International Inc of the United States. KDD later said it is negotiating with foreign firms on a possible tie-up, but declined to disclose further details.

To: Scotsman who wrote (4962)	8/24/1999 9:23:00 PM
From: AllenP	Read Replies (1) \| Respond to of 6846

biz.yahoo.com Tuesday August 24, 8:52 pm Eastern Time HOT STOCKS-Japan: Banks, KDD TOKYO, Aug 25 (Reuters) - The following stocks are on the move on Wednesday. 0041 GMT - Most major banks fell as investors aimed to lock in profits after a rally inspired by an alliance announced late last week by three major Japanese banks: Dai-Ichi Kangyo Bank Ltd (DKB), Fuji Bank Ltd and Industrial Bank of Japan Ltd (IBJ). The decline was also attributed to the unwinding of cross-shareholdings between Japanese corporations. DKB fell 50 yen or 4.0 percent to 1,200. Fuji Bank lost 40 yen or 3.28 percent to 1,180. IBJ declined 58 yen or 4.46 percent to 1,242. Bank of Tokyo-Mitsubishi Ltd fell 39 yen or 2.17 percent to 1,755. 0026 GMT - KDD Corp up 500 yen or 6.67 percent at 8,000 after a newspaper report on Wednesday that the international telecommunications company is in the final phase of negotiations to set up a data communications joint venture with Qwest Communications International Inc (Nasdaq:QWST - news) of the United States. KDD later said it is negotiating with foreign firms on a possible tie-up, but declined to disclose further details