Word: asia
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Dates: during 1990-1999
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...master's candidate-who has won awards as a T.F. and has studied extensively in East Asia-said that when he accepted the post, he moved to Massachusetts and drafted a syllabus...
...given the ongoing turmoil in Asian currency and stock markets and the litany of special risks associated with places like Russia, China and Argentina, some homesick investors may be second-guessing their decision to become players in the ballyhooed global economy. Certainly, the carnage in Asia has been enough to give anyone doubts. In a move most pros didn't see coming, Thailand devalued its currency, the baht, on July 2. Thai stocks promptly skidded 30% and sent tremors through markets in the Philippines, Malaysia, Indonesia, Singapore and Hong Kong. Stock funds heavily invested in the region fell an average...
...world. SIIC is owned by the Shanghai city government. Not to be ignored is the fact that China's State President, Jiang Zemin, is a former mayor of Shanghai. "The name of the game in China is relationships," explains Kent Rossiter, a senior investment analyst at Nikko Securities Co. (Asia). "Shanghai Industrial's connections are fantastic...
Hypergrowth in Southeast Asia has been the reliable news for decades, but suddenly the old assumptions are not so certain. Thailand this year has suffered a currency run a la Mexico and for similar reasons: overspending, a loss of competitiveness and the perception that its currency was overvalued. As the Thai baht slid 25% against the U.S. dollar over the past 12 months, other currencies also fell. Then stock markets swooned. Economist Behravesh predicts little growth (1.5%) this year in Thailand, after an annual average of 9% for the past decade. But it will rebound to 3% in 1998. Indonesia...
Over 200 passengers are feared dead in Indonesia's worst plane crash (Reuters), which may have been caused by the forest-fire smoke blanketing Southeast Asia (TIME Daily...