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Spoilsport economists may say it's not yet time to reach for the sunglasses, but Asia's economic storm is starting to clear. A brighter outlook for the remainder of 2003 propelled stock markets in South Korea and Hong Kong to 13-month highs last week; even Japan's moribund Nikkei index, which sunk to a 20-year low in late April, has since rebounded 35%. Meanwhile, retailers and real estate brokers in down-and-out Hong Kong say buyers seem to be slowly returning. "The general mood here has improved in the past two weeks," says Hong Kong Financial...

Author: /time Magazine | Title: Rational Exuberance? | 8/25/2003 | See Source »

...earlier, Klee had accepted the Düsseldorf job with great expectations, happy to be free of the dissension breaking up the Bauhaus, the influential German Arts and Crafts school, where he had been a professor and artist-in-residence. The Basel show opens with a prologue from those brighter days, including the miraculous gem Ad Marginem, reminiscent of a medieval miniature, with a fiery red sphere aglow on a pale green ground, surrounded by feathery plants and fairy-tale creatures that seem to grow out from all four sides of the frame. Steamboat and Sailboats, Toward Evening...

Author: /time Magazine | Title: Feats Of Klee | 8/24/2003 | See Source »

Game Over may be this one-man film studio's autobiography: a glimpse into the virtual heart of the computer nerd who spun so much Spy Kids fun. Now if he could just crawl out of his labyrinth and give us a brighter, warmer Spy Kids 4. In 2-D, please...

Author: /time Magazine | Title: This Kids, Just All Right | 7/28/2003 | See Source »

...Reese Witherspoon's star is brighter than Elle Woods' pink suit. She'll look back on these films as her pre-Oscar juvenilia

Author: /time Magazine | Title: What, No Dumb And Dumberest? | 7/21/2003 | See Source »

...face of stifling skepticism about Africa’s future that seems to have dogged President Bush’s recent trip to that continent, recent events indicate that Africans may be able to look forward to a brighter future. On June 26, after decades of intransigence, the EU finally took a small but significant step towards reform of its archaic and unjust system of agricultural subsidies...

Author: By Nicholas F. Josefowitz, | Title: Farms Fall Apart | 7/18/2003 | See Source »

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