Word: stocking
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...Whenever the country appeared to be in a crisis, Cory Aquino rose above the bureaucratic procrastination that had always bogged it down, reminding her people that they once astonished the world with their bravery - and that they could do it again. But Filipinos must now take stock. Whom will they march with now that their saint has gone to meet...
...Cotai Strip, along with huge casinos in Singapore; he also doubled his Vegas space by adding the Palazzo to his Venetian hotel. In a short time, he has accumulated a debt-to-earnings ratio of 6.8 to 1 in the U.S. Then the loans stopped coming, and his stock price sank from $144 to $1.42 in March. (It now hovers at about $12.) That's his crane parked between the Venetian and the Palazzo resort, atop the St. Regis condominium, on which work has been halted for the foreseeable future. (Read TIME's 2004 cover story "The Strip Is Back...
Which of the world's stock markets will benefit most from China's rapid growth? Big players like Japan and Taiwan, or the smaller basket of Southeast Asian stock markets? I think it's the smaller basket of Asian markets, and that includes Indonesia, which is lately the hottest of the Asian emerging markets because they've come through this [economic crisis] very well and they seem to have their act together in terms of fiscal and monetary policies. Indonesia's political process has improved tremendously; it also has a big population and a lot of natural resources. The stock...
Moving to Japan's stock market, which has been comatose for years, are conditions taking shape for its bull to reawaken? I think they are. Consumer confidence in July rose, exceeding expectations, and there's been a sharp acceleration in industrial production. Also, there is an election in another week, and it's pretty clear that the LDP [Japan's ruling party] is going to lose. The new party that's coming in intends to put through programs that will increase the amount of money that the average Japanese [person has], thereby stimulating personal spending. For example, it intends...
...after nearly a year of relentlessly grim economic news, the reaction to Thursday's revelation in Germany and France - Europe's first- and second-largest economies respectively - tended to echo Moec's upbeat bottom line that the two countries had "extricated themselves from recession, which can only be good." Stock markets sure thought so: London's FTSE 100 index rose 1.3% on the news, and Wall Street followed indices elsewhere in Europe with more modest gains. (See pictures of TIME's Wall Street covers...