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To: jach who wrote (29912)12/15/1998 8:04:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
TOP ASIAN NEWS
from The Wall Street Journal Interactive Edition.

Dec. 15, 1998

The major Asian-Pacific stock markets closed mixed Tuesday. Equities fell
for the fourth straight day in Tokyo, while the slide in South Korean
interest rates continued to attract funds to Seoul's market, sending the
main index up 3.7%.
__________________________________
Market Indexes
Australia All Ordinaries 2687.90 + 0.43%
China DJ China 88 126.55 - 0.14%
Hong Kong Hang Seng 9952.84 + 1.30%
Japan Nikkei 14011.19 - 0.71%
Taiwan Weighted 6936.82 + 0.69%

FOR MORE NEWS ON ASIAN MARKETS, see:
interactive.wsj.com
__________________________________
AND IN OTHER NEWS...

China's military faces a deadline Tuesday to comply with the leadership's
order that it withdraw from the many commercial enterprises it controls.
* * *
Japan's ruling Liberal Democratic Party and opposition Liberal Party
reached agreement on some key areas of economic policy, bringing the two
sides closer to forming a coalition.
* * *
Alphatec's creditors rejected a plan to revive the debt-laden chip
assembler, forcing the ouster of its court-appointed planners that had
formulated the rescue plan. The move is a blow to investors' hopes for
progress in Thailand's debt restructuring.

FOR MORE NEWS ON ASIA, see:
interactive.wsj.com