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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: celeryroot.com who wrote (13144)1/9/1998 3:39:00 PM
From: tonyt  Respond to of 32384
 
If the old saying "As January goes, so goes the year" we're in for a terrible 1998
(Dow down 250, S&P down 30, NASDAQ down 50).

--Tony



To: celeryroot.com who wrote (13144)1/9/1998 4:27:00 PM
From: N  Read Replies (1) | Respond to of 32384
 
Hopefully, enough will get done to nudge things out out of today's funereal disequilibrium path...

World News Update

London, Friday 1430 GMT
Political and general news; Business and economic news; Today's newspaper at a glance
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Political and general news
Business and economics news

IMF approves $2bn for South Korea
The International Monetary Fund approved a $2bn payment for South Korea on Friday. Stanley Fischer, IMF managing director, said the economy of South Korea was likely to recover soon. The payment was approved after a regular meeting of the IMF board.

Clinton has words with Suharto
During a 25-minute telephone call, US president Bill Clinton told president Suharto that Indonesia must follow through on its economic reforms. Suharto agreed to "seriously implement" reforms. Suharto's political future remains uncertain after calls for him to step down were published on Friday.

Indonesian troubles hit stocks
Concern over political and economic uncertainties in Indonesia hit Asian stocks on Friday but currencies were more robust amid hopes of a deal between US banks and indebted Indonesian companies. The Indonesian rupiah recovered almost 30 per cent to 7,600 against the dollar from a session low of 10,500 before paring those gains to trade at 8,400.

Nancy