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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: John Rieman who wrote (35057)	8/9/1998 5:04:00 PM
From: Tim Esser	Read Replies (1) \| Respond to of 50808

John, has anyone figured out if Apple uses CUBE for their G3 laptop DVD kits? Thanks, Tim

To: John Rieman who wrote (35057)	8/10/1998 12:05:00 AM
From: Stoctrash	Read Replies (3) \| Respond to of 50808

China will keep yuan stable, Jiang tells Japan BEIJING, Aug 9 (Reuters) - Chinese President Jiang Zemin reiterated on Sunday to the visiting Japanese foreign minister that Beijing was determined to avoid devaluing its yuan currency despite a slowing economy, a Japanese official said. Jiang told foreign minister Masahiko Komura Beijing would continue efforts to keep its currency stable, despite the financial crisis that had spread from Southeast Asia across the region, the official said. The Chinese president requested that the new government of Prime Minister Keizo Obuchi ''stabilise Japan's financial markets to contribute to the solution'' of Asia's crisis, the Tokyo official said. Komura arrived in Beijing on Saturday and held talks with his Chinese counterpart, Tang Jiaxuan, on bilateral issues ranging from Taiwan to India's nuclear tests to the delicate task of delineating the maritime border between Japan and China. The two senior diplomats agreed to hold vice minister-level talks on the economic situation in East Asia at an early date, Japanese officials said on Saturday. In Saturday's meeting, Tang dismissed concern over any possible devaluation of the Chinese currency, which could set off another round of destructive devaluations in a jittery Asia. China's leaders have repeatedly called on Japan to halt the slide in the yen and stimulate its economy to help its Asian neighbours export their way out of the financial turmoil. The main purpose of Komura's first trip abroad since his appointment last month was to prepare for Jiang's visit to Japan in September and to explain to China the Obuchi cabinet's plans to revitalise the Japanese economy. Obuchi on August 7 unveiled tax cuts planned for next year wore more than six trillion yen ($41.3 billion) and a stimulative extra budget of more than 10 trillion yen. Jiang will visit Japan in early September, the Japanese official said. Jiang received Komura at the summer resort of Beidahe, where China's leaders are expected shortly to convene a leadership conference. Analysts have said Beijing's currency policy could dominate debate at the annual meeting of top officials. ================= Sunday August 9, 11:51 pm Eastern Time China c. bank intervenes, holds yuan at 8.2800 SHANGHAI, Aug 10 (Reuters) - China's central bank intervened in the Shanghai-based China foreign exchange market to hold the yuan at the 8.2800 level to the dollar on Monday, dealers said. The yuan closed at 8.2800 to one dollar, little changed from the 8.2799 on Friday. ''The central bank intervened in the market to hold the yuan at the 8.2800 level,'' a dealer said. There was no indication of the volume of central bank purchases but dealers said trading overall was light. The yuan has been pressured by the sagging Japanese yen on world currency markets but repeated intervention by the People's Bank of China, the central bank, has helped the currency finish above the key 8.2800 level in the past few weeks, dealers said. The yuan's weighted average price on Friday was 8.2801, officials said on Monday. That reflected central bank buying of the local currency through the Shanghai-based China Foreign Exchange Trade System, dealers said.