To: Jeff Jordan who wrote (32065 ) 1/25/1998 10:31:00 PM From: Glenn D. Rudolph Respond to of 61433
***GLANCE-Asia Financial Crisis*** Reuters Story - January 25, 1998 22:10 %&64 %GLANCE %US %TH %JP %ID %CN %SG %KR %INT %GVD %DBT %ECI NEWS PRESS/NEWS1 REUTERS USER/HELP PHONE/[[HELP V%REUTER P%RTR To access stories and prices on the Reuters terminal, use the mouse to click on the codes in brackets. Or type codes and press F9 key for [] items or ENTER for <> items. ---------------------------------------------------------------- International investors will be looking for news this week on how Indonesia intends to tackle its foreign debt nightmare, which has roiled financial markets across Asia and unnerved Wall Street. South Korea's finance minister said on Monday talks with international creditors to resolve the country's financial problems would likely be concluded in February. -------------------------TOP STORIES---------------------------- * Debt mess hobbles Indonesia, Suharto unbowed [nHKHD1P0JE] * Seoul fin min sees debt talks concluded in Feb [nSEO024896] * Creditors may be close to deal on S.Korea [nN25220397] * Clinton scandal distracts Asia from its own crisis[nHKHD1P0BE] * U.S. gets mixed reaction to global finance plans [nN23191619] * Japan economy stagnant, to remain so for now--BOJ [nTAT5164] --------------------------INDONESIA----------------------------- * Japan, IMF plan Indonesia steps this week [nHKHD1P0B8] * Indonesian Chinese restive in economic crisis [nJK16142] * Australia's Downer in Indonesia for economic talks [nJAK16144] ----------------------------KOREA------------------------------- * Japan banks mull Korea debt restructuring [nTAT5163] * German bank risk from Asia high,but not grave-Ifo [nFLLW1P09F] * S.Korea Kim urges U.S. to refrain from sanctions [nSEO024888] * S.Korea Goliaths not immune in cycle of failure [nSEO024878] ---------------------------MARKETS------------------------------ * Nikkei up 2.65% at midday on hope of economy steps[nTAS002302] * HK stocks jump in early trade, futures strong [nHKG2834] * Clinton scandal may hurt Dow [nN2389320] * Seoul stocks firmer by midday on foreign buying [nSEO024900] * Singapore shares open unchanged, mull economy [nSIN9960] ----------------------ELSEWHERE IN ASIA------------------------- * G7 to boost yen, UK paper says [nFLLW1Q01M] * Singapore not expected to slide into recession [nSIN9932] * Thai PM to visit Switzerland and United States [nBKK000010] -----------------------BACKGROUND, ANALYSIS--------------------- * Asia howls for relief in Year of the Tiger [nRTR009340] * APEC panel unveils Asian self-help measures [nRTR009338] * S.Korea conglomerates have no choice but to change[nSEO024853] * Airlines give deeper discounts in crisis-hit Asia [nHKHD1P04V] ---------------------------NEWSGUIDE---------------------------- Politics & General News [NEWS] Oddly enough [ODD] World News Diary [POL/DIARY] Index of diaries [IND/DIARY] News outlook [OUTLOOK/] Business Outlook [OUTLOOK/B] Sports trivia quiz [SPO/QUIZ] Emerging markets news [EMRG] Sport [GLANCE/SPO] Business [GLANCE/BIZ] Directory [GLANCE/] Reuters Speed Guides to Services and Customer Help -- Asiadesk, (65) 870-3821