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To: Sarmad Y. Hermiz who wrote (40245)	2/16/1999 3:07:00 AM
From: GST	Respond to of 164684

Tuesday February 16, 2:06 am Eastern Time OUTLOOK-Reuters Asia Business at 0700 GMT Following are some of the main business news stories (all times GMT) - - - - JAPAN ECONOMY TOKYO - Japan's Ministry of Finance loudly steps into the long-term interest rate debate, reversing the course of long bond yields and the yen. Finance Minister Kiichi Miyazawa announced that his ministry will cut its issuance of 10-year JGBs for March by 400 billion yen, and also that its Trust Fund Bureau will resume purchases of bonds in February and March. Cover: Wrap to be updated through the day S&P president's comment on Japan BOJ governor's news conference (0600) Analysis on MOF move and impact on bond market ** Analysis on how far Japan will go on monetisation and how weak it can accept the yen - - - -