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To: DJBEINO who wrote (9194)2/22/2001 8:03:52 AM
From: DJBEINO  Respond to of 9582
 
FINANCIAL WATCHDOG ALLOWS ING TO INVEST IN TAIWAN

Feb 21, 2001, (Het Financieele Dagblad /FT World Media Abstracts via COMTEX) --
The financial watchdog in Taiwan has agreed to the planned acquisition by Dutch
financial group ING of $300m worth of Taiwanese shares. ING is interested in
shares in the technology sector of the island, such as Taiwan Semiconductor
Manufacturing and United Microelectronics.

ING does not have an office in Taiwan and will use the services of Citicorp for
the transaction. ING is not the only foreign investor that has invested in
Taiwanese shares recently. In the past six months, Taiwan approved requests from
the Norwegian central bank and a Singapore investment company.

Copyright 2001: Financial Times Information, Dow Jones, Dialog



To: DJBEINO who wrote (9194)2/23/2001 2:07:42 AM
From: DJBEINO  Read Replies (1) | Respond to of 9582
 
UMC (2303) closed @ 54.50 - 1.00 vol 59,520,506 2nd most active
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TAIWAN WEIGHTED closed @ 5726.93 -32.11 (-0.56%)
Day's Range :5678.23 - 5778.10
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TAIPEI (Dow Jones)--Dell Computer Corp. (DELL) expects its sales in the Asia Pacific region to continue growing, despite the slowdown plaguing the global computer industry, said a leading executive for the U.S. multinational's Asia Pacific operations.
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Tokyo, Feb. 23 (Bloomberg) -- Toshiba Corp.'s semiconductor business will grow almost twice as fast as the industry in the next three years as demand climbs for chips used in advanced mobile phones, a company executive said