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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (169440)	5/31/2002 5:38:03 PM
From: Knighty Tin	Read Replies (3) \| Respond to of 436258

Les, Sport drinks have to be one of the great scams. One thing your body needs is more salt and sugar. <VBG>

To: Les H who wrote (169440)	6/1/2002 8:09:18 AM
From: Les H	Read Replies (1) \| Respond to of 436258

SEC drops Microsoft investigation news.ft.com

To: Les H who wrote (169440)	6/1/2002 2:07:13 PM
From: Les H	Read Replies (1) \| Respond to of 436258

BOJ spends $8-10 bil. on interventions to stem yen's rise NEW YORK, May 31, Kyodo - The Bank of Japan (BOJ) spent $8-10 billion in foreign exchange markets to stem the yen's surge on Friday in one of the biggest single-day interventions in recent years, dealers said. The scale of the intervention matches a dollar-supporting intervention carried out by the Japanese central bank after the Sept. 11 terrorist attacks, signaling a strong determination by the Japanese monetary authorities to halt the yen's rapid rise, they said. The BOJ conducted dollar-buying operations to the tune of $3 billion in Tokyo on Friday in its third intervention in two weeks to curb the yen's upswing against the U.S. dollar, while spending $2-3 billion in both London and New York, dealers said. ''It has a strong impact (on currency markets) that the government and the BOJ showed they are determined to intervene intermittently,'' one dealer said. The BOJ conducted the latest interventions on its own without asking the British and U.S. central banks to act on its behalf, they said. The dollar leapt against the yen on the BOJ intervention, rising as high as 124.60 yen at one point in New York against 123.95-97 yen at 5 p.m. Friday in Tokyo. Dealers said the scale of the dollar-buying by the BOJ since last Wednesday comes close to 2 trillion yen, making it possible the central bank's intervention in the April-June quarter will surpass a record 3.2 trillion yen in the July-September quarter last year. The BOJ also stepped into currency markets on May 22 and 23.