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Asia's rocky economics remains a problem. With China's exports down 6.7% last month and foreign investment predicted to shrink 30% for the year, the government has embarked on a huge program of domestic spending to stimulate demand. "It is the old pattern in China--three steps forward and two steps back," says Joe Zhang, head of China research for HSBC Securities in Hong Kong. "At the moment we are backtracking." Says Andy Xie, chief China economist for Morgan Stanley Dean Witter in Hong Kong: "If they continue, they will end up renationalizing the economy. And that...

Author: /time Magazine | Title: China's Missing Pieces | 10/26/1998 | See Source »

...that demands sheer endurance, skill and intelligence, rowing pushes you to the limit of your physical and mental capabilities--and once you reach that limit, rowing confronts you with the terrifying prospect of having to determine whether you have the will to stand up to the challenge or just shrink away. Indeed, rowing will educate you in a more valuable way than anything in the classroom can. The moment You resolve to pick up an oar, there's no turning back: you are committed to the very...

Author: By Sujit Raman, | Title: Learning Life's Lessons on the Charles | 10/20/1998 | See Source »

From the Manhattan skyline to Woody driveling anxiety to his shrink, the first moments of Antz suggest a film destined to become another prototypical Woody Allen movie. Until Woody (now an ant named "Z") gets off the psychoanalyst's couch and walks into "The Colony." The makers of Antz seem particularly interested in demonstrating their ability to depict water and human movement, disregarding the fact that the plot must make some rather forced detours in order to accommodate these animated showpieces. Though the character of Allen as well as those of the other actors (voiced by Dan Akroyd, Anne Bancroft...

Author: NO WRITER ATTRIBUTED | Title: Brevitas | 10/16/1998 | See Source »

...three years -- and enough, at 68 cents a share for the third quarter, to soundly wallop Street estimates. But in the cutthroat computer industry, in which the future of a company rides on its market share, Steve Jobs' babe is far from being out of the woods. "If you shrink a company to the size of its existing niche, it's simple to turn a profit," says TIME tech correspondent Michael Krantz. "It's good that they've put out a cool consumer product like the iMac, which is selling well. It's necessary for success -- but not sufficient...

Author: /time Magazine | Title: Apple: Out of the Red | 10/14/1998 | See Source »

From the Manhattan skyline to Woody driveling anxiety to his shrink, the first moments of Antz suggest a film destined to become another prototypical Woody Allen movie. Until Woody (now an ant named "Z") gets off the psychoanalyst's couch and walks into "The Colony." The makers of Antz seem particularly interested in demonstrating their ability to depict water and human movement, disregarding the fact that the plot must make some rather forced detours in order to accommodate these animated showpieces. Though the character of Allen as well as those of the other actors (voiced by Dan Akroyd, Anne Bancroft...

Author: NO WRITER ATTRIBUTED | Title: Brevitas | 10/9/1998 | See Source »

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