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Technology Stocks : PCW - Pacific Century CyberWorks Limited -- Ignore unavailable to you. Want to Upgrade?

To: ms.smartest.person who wrote (332)	2/15/2001 5:53:24 PM
From: ms.smartest.person	Read Replies (1) \| Respond to of 2248

Asian Markets Close Mixed In Wake of the Nasdaq's Rise - A WSJ.com News Roundup Shares closed mixed across the Asian-Pacific region Thursday following Wednesday's rise on the Nasdaq Stock Market. Wednesday in the U.S., the Nasdaq Composite Index, whose many technology stocks have been suffering since late January, staged a one-day recovery of 2.62%, or 63.69 points, to end at 2491.41. Tokyo stocks rose slightly, supported by modest gains in technology stocks following the Nasdaq's strong finish. Taiwan shares climbed 3.7%, boosted by the Nasdaq's rally, while Indonesian stocks jumped 4%, buoyed by a deal between Telekomunikasi Indonesia and Indonesian Satellite to end major cross shareholdings in a number of companies. But Hong Kong shares dropped as the market continued to focus on global concerns about the funding situation for telecom stocks and shrugged off the appointment of a new financial secretary. China's major indexes fell after a top market regulator said authorities must continue to crack down on illicit stock trading even if that hurts market confidence. South Korean shares also inched lower as the main index relinquished early gains amid late program selling spurred by heavy foreign selling in stock futures contracts. In Singapore, stocks edged higher, lifted by buying in technology stocks, while shares in Malaysia dropped after a series of lower corporate earnings announcements. Australian stocks slipped on weaker industrial blue chips and a string of corporate earnings announcements that failed to inspire investors. Shares advanced in India, led by Hindustan Lever 's strong earnings announcement beating analysts' expectations. Philippine stocks closed mixed as the market continued to consolidate and profit-taking weighed down most stocks, while Thai stocks finished almost unchanged as many investors awaited fresh leads to drive the market in either direction. In dollar terms, around 6:00 a.m. EST, the Asian-Pacific sector of the Dow Jones Global Indexes was up 0.45 to 92.78 after falling 0.16 Wednesday. The Dow Jones World Stock Index slipped 0.08 to 207.27 after dropping 0.87 in the previous session. Precious-metals and steel stocks led the Dow Jones Global Industry Groups, while major oil companies and tire-and-rubber shares were among public.wsj.com

To: ms.smartest.person who wrote (332)	2/15/2001 8:08:19 PM
From: ms.smartest.person	Respond to of 2248

China's Web sites the best (and worst) in Asia, survey finds (15 February 2001) According to a new survey, mainland China and Hong Kong have the best corporate Web sites in Asia—and the worst. Financial Intelligence Asia recently published its ranking of corporate Web sites in Asia. Among the top 10, five are Hong Kong companies, and the top three sites are all Hong Kong sites. Pacific Century CyberWorks (PCCW) ranks first, Hong Kong and Shanghai Banking Corp. (HSBC) ranks second and Legend Holdings Ltd. ranks third. Among the 10 worst corporate Web sites, the first six are from China and Hong Kong. Telecom, technology and Internet companies run all of them. The three Chinese telecom magnates—China Unicom Ltd., China Telecom and China Mobile Communications—have the three worst Web sites, and Tom.com’s comes in fourth, according to a Feb. 13 Zhongguo Maoyi Bao (China Trade News) report. chinaonline.com