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To: Susan G who wrote (844)	6/13/2001 12:05:13 AM
From: keithcray	Respond to of 26752

Tech's down a bit in Japan: Tokyo firms on "Old Economy" gains Banks support Seoul, Taipei; HK opens steady By Mariko Ando, CBS.MarketWatch.com Last Update: 11:35 PM ET Jun 12, 2001 TOKYO (CBS.MW) - Tokyo's Nikkei firmed Wednesday, as gains for "Old Economy" stocks such as general contractors and retailers were more than enough to offset losses for tech issues. The Nikkei Average opened down but reversed course and ended the morning up 0.33 percent, or 42.66 points, at 12,882.76. The broader TOPIX was steady at 1,273.44 points. Before the opening bell, the Finance Ministry announced that Japan's current account surplus fell 24.4 percent in April from the same month a year ago, marking the fifth consecutive month of declines. The surplus declined to 877.6 billion yen ($7.25 billion) from a year ago. The data, however, had only a limited impact on the financial markets. Sentiment was boosted by a late rally for U.S. stocks. The Nasdaq managed to end almost unchanged despite negative news from Nokia, which cut its earnings estimates for the April-June quarter. Construction giant Kumagai Gumi (KUMGY) jumped 1.8 percent to 57 yen on a Nihon Keizai report that it had sold off three properties in London for 10 billion yen ($82.6 million) to cut its liabilities. Another contractor Hazama climbed 3.8 percent to 55 yen. Retailers Tokyu Department store rallied 4.7 percent to 111 yen and Takashimaya (TKSHF) rose 2.5 percent to 864 yen. But technology shares continued to suffer. NEC (NIPNY) dropped 2.8 percent to 1,751 yen and Tokyo Electron lost 2.8 percent to 7,440 yen. NTT DoCoMo ended the morning flat at 2.06 million yen. In South Korea, the Kospi rose 0.61 percent to 610.87 points by late morning. Kookmin Bank (KKBKY), the nation's biggest lender, rose 1.4 percent to 17,900 won and Cho Heung Bank (CHGBY) climbed 3.7 percent to 2,915 won. Shares of Korea Electric Power (Kepco) were steady at 23,150 won. Kepco is set to announce later this month that it will hold an auction to sell 30 percent of its stake in Powercomm, according to a Dow Jones report. Kepco currently owns 89.5 percent of Powercomm. But volume leader Hynix Semiconductor tumbled 3.5 percent to 4,450 won. Bank shares also gained ground in Taiwan, helping the market to pare losses from falling technology shares. By mid morning, the benchmark Weighted Index was down 0.57 percent at 5,296.20. Shares of China Development Bank jumped 3.7 percent to 30.90 Taiwan dollars while those of Chang Hwa Bank rallied 5.4 percent to 17.70 Taiwan dollars. But Taiwan Semiconductor Manufacturing (TSM) fell a percent to 96.00 Taiwan dollars and United Microelectronics (UMC) shed 0.9 percent to 54.50 Taiwan dollars. Hong Kong stocks were steady in early morning trade as gains for telecom issues offset losses for banks and properties. The Hang Seng Index stood at 13,536.85 points, up only 0.08 percent. In Australia, the All Ordinaries Index inched down 0.24 percent to 3,327.10. Market heavyweight Telstra (TLS) fell another 4.3 percent to 5.82 Australian dollars after the company shocked the market with an unexpected profit warning. Rival Cable & Wireless Optus also fell 0.9 percent to 3.49 Australian dollars. New Zealand's NZ Top 40 was down 0.19 percent at 2,050.95 by early afternoon. Most active Telecom NZ (NZT) dropped 1.4 percent to 5.50 New Zealand dollars. Singapore's Straits Times Index added 0.72 percent to 1,690.45 points and Malaysia's KLSE Composite advanced 0.68 percent to 597.14 by early morning. The dollar strengthened against the yen and was trading at 122.00 yen in late morning Tokyo, up from 121.60 yen late Tuesday in New York. It changed hands at 121.87 yen late Tuesday in Tokyo. -------------------------------------------------------------------------------- Mariko Ando is a Tokyo-based reporter for CBS MarketWatch.com.

To: Susan G who wrote (844)	6/13/2001 7:21:09 AM
From: wgh613	Respond to of 26752

BEAS keeps making deals: BEA and Bull Work Together to Provide High-Performance, Scalable E-Business Integration Solutions Bull to Build BEA WebLogic Integration Adapters for Mission-Critical Web Services and Application Integration MUNICH, Germany, BEA eWORLD EUROPE 2001, Jun 13, 2001 /PRNewswire via COMTEX/ -- BEA Systems Inc., (Nasdaq: BEAS chart, msgs), one of the world's leading e-business infrastructure software companies, and Bull Infrastructure & Systems, one of Europe's top information technology firms, today announced that Bull will integrate its Java adapters for legacy applications running in mainframe computing environments with BEA WebLogic(R) Integration, the complete, unified solution designed to dramatically simplify enterprise integration. The announcement is an extension of the long-term collaboration between Bull and BEA to provide high-performance, scalable e-business solutions built on the BEA WebLogic E-Business Platform(TM). To provide customers with a framework that enables legacy applications to be presented as Web Services, Bull will build, market, and support e-business solutions built on BEA WebLogic Integration(TM). Based on Java(TM) 2 Platform, Enterprise Edition Connector Architecture (J2EE CA), BEA WebLogic Integration is a comprehensive solution that combines the application development and deployment capabilities of the world's #1 Java application server with comprehensive, standards-based application integration, business process management and B2B integration capabilities. "The BEA WebLogic E-Business Platform provides an extremely robust and reliable solution for us to help customers transform their processes and IT infrastructure into an e-business environment," said Boris Auche, director of e-Infrastructure Programs, Bull Infrastructure & Systems. "BEA WebLogic Integration represents a very important step forward in developing a consistent integration environment based on open standards and extends the power of the BEA WebLogic E-Business Platform." "For companies with significant investment in legacy applications, Bull provides exceptional capabilities and services to link back-end programs to Web Services," said Ivan Koon, president of the BEA E-Commerce Integration Division for BEA Systems, Inc. "Bull is one of BEA's top partners and a major e-infrastructure provider in Europe. We are excited to support Bull's efforts to deliver to customers a robust Java-based enterprise infrastructure to future-proof their businesses." About Bull Bull is an international IT group with customers in more than 100 countries. In 2000, the company earned revenues of euro 3.244 billion. Bull's strategy is focused on secure Internet infrastructures and services dedicated to helping customers transform their processes and IT infrastructure to take full advantage of the net economy. The group is organized in two major autonomous units: Integris, a Pan-European IT services company that provides consulting, systems integration and managed services with a strong focus on telcos, Internet solutions and outsourcing; and Bull Infrastructure & Systems, which uses its technology expertise, unique in Europe, to deliver Internet-ready systems and net infrastructure solutions with guaranteed levels of performance, scalability and availability. For more information, visit www.bull.com