AsiaPulse News back issues from June 2000:
PAKISTAN NEWSPAPER HIGHLIGHTS - JUNE 1, 2000.
Jun 01, 2000 ... LAHORE, June 1 Asia Pulse - Highlights of today's newspapers: DAWN: - Gen Musharraf renews talks offer to India - No Tobacco day observed - 10 killed in Indian Kashmir violence - Traders plan protest rally tomorrow THE NEWS: - Gen. Musharraf refuses to back down on ...
STOCKS - BSE SENSEX CLOSES DOWN 108.14 PTS - JUNE 1, 2000.
Jun 01, 2000 ... MUMBAI, June 1 Asia Pulse - Share prices tumbled after a steady recovery for five days and the benchmark index closed a whopping 108.14 points down at 4325.47 on the Bombay Stock Exchange (BSE) today following fresh offerings by local institutions and bull unloading. Mirroring ...
CHINA EASTERN, SHANGHAI AIRLINES BOOST PERFORMANCE.
Jun 01, 2000 ... SHANGHAI, June 1 Asia Pulse - China Eastern Airlines and Shanghai Airlines, two major airlines in east China, have significantly increased profits since April 1 when they took part in a joint programme launched by the General Administration of Civil Aviation of China (CAAC). ...
STOCKS - DSE INDEX CLOSES DOWN 2 % - JUNE 1, 2000.
Jun 01, 2000 ... NEW DELHI, June 1 Asia Pulse - In highly volatile trading, the benchmark index fell nearly 2 per cent on the stock market today after Information Technology as well as Cyclical stocks failed to sustain yesterday's higher levels ...
OPEN - ASIA PULSE INTERNATIONAL - JUNE 1, 2000.
Jun 01, 2000 ... Good Morning. This is the Asia Pulse International service of business intelligence, news, tenders and expert commentary on the economies of Asia provided by Asia Pulse Pte Ltd (Asia Pulse). Asia Pulse reserves all rights including copyright in relation to services ...
FOREX - AUSTRALIAN DOLLAR OPENS FIRM - JUNE 1, 2000.
Jun 01, 2000 ... SYDNEY, June 1 Asia Pulse - The Australian dollar was firm this morning but this belied the fact that in the past 24 hours it has been a sellers market. "All we saw was sellers for the first half of the morning yesterday and by end of the day we were starting to wander about at ...
AUSTRALIAN NEWSPAPER HIGHLIGHTS - JUNE 1, 2000.
Jun 01, 2000 ... SYDNEY, June 1 Asia Pulse - Main stories in today's Australian newspapers: THE AUSTRALIAN FINANCIAL REVIEW - The federal government has put its most radical business tax reforms on hold. The Reserve Bank of Australia and Treasury have admitted there is considerable ...
KOREAN GOV'T HAS POSITIVE VIEW OF HYUNDAI GROUP'S REFORM PLAN.
Jun 01, 2000 ... SEOUL, June 1 Asia Pulse - Finance and Economy Minister Lee Hun-jae said Wednesday he has a positive view of the Hyundai Group's reform plan which includes spins-off of subsidiaries from the group and retirement of patriarch Chung Ju-yung and his two sons from management. He ...
HSBC PREDICTS INDIAN RUPEE WILL TOUCH RS 45 PER US$ BY DEC.
Jun 01, 2000 ... NEW DELHI, June 1 Asia Pulse - Premier investment bank HSBC has forecast that the rupee will depreciate further to Rs 45 vis-a-vis the U.S dollar by December 2000. In its latest currency outlook, HSBC said that it "expects the Indian rupee to gently depreciate to Rs 45 per U.S ...
INDIAN TELECOM MAJOR VSNL ANNOUNCES 50% CUT IN INTERNET RATES.
Jun 01, 2000 ... NEW DELHI, June 1 Asia Pulse - India's state-owned telecom major Videsh Sanchar Nigam Ltd (VSNL) has announced 50 per cent cut in internet rates and free internet access at night as part of a special 'Monsoon Package' applicable from June 1 to July 31, 2000 "All customers ...
HYUNDAI CHAIRMAN AGAIN OPPOSES HIS RETIREMENT FROM MANAGEMENT.
Jun 01, 2000 ... SEOUL, June 1 Asia Pulse - Chairman Chung Mong-koo of Hyundai Motor Co. again refused Wednesday evening to step down from mnagement. A joint statement issued by Hyundai Motor and Kia Motors, which both are Chung Mong-koo's control, at 8:40 p.m. said Chairman Chung Mong-koo will ...
INDIA'S FOODGRAINS PRODUCTION TO TOUCH 203 MT IN 1999-2000.
Jun 01, 2000 ... NEW DELHI, June 1 Asia Pulse - India's foodgrains production in 1999-2000 was likely to touch the previous year's level of 203 million tonnes, Agriculture secretary Bhaskar Barua said here . "In spite of drought in many states during the agriculture year 1999-2000, we would be ...
SKYSERVICE AIRLINES ANNOUNCES NEW FULL-SERVICE BUSINESS AIRLINE.
Jun 01, 2000 ... (Full text of a statement. Contact details below.) TORONTO, May 31 CNW-AsiaNet - Russell Payson, Chairman and CEO of Skyservice Airlines Inc., today announced the creation of a new full service airline targeted to Canadian business travelers seeking a strong value proposition ....
OTIS EXPANDS AUSTRALASIA PORTFOLIO WITH WESTFIELD CONTRACT WINS.
Jun 01, 2000 ... (Full text of a statement. Contact details below.) FARMINGTON, Conn., May 31 PRNewswire-AsiaNet - Otis Elevator Co. announced today it has been awarded three significant new equipment contracts from Westfield Holdings, the largest shopping center developers in Australia and New ...
INDIA'S REAL VALUE APPLIANCES STARTS TESTMARKETING IN US, EUROPE.
Jun 01, 2000 ... NEW DELHI, June 1 Asia Pulse - In a bid to garner a greater share of the growing global home appliances market, Real Value Appliances has launched a test marketing campaign in US and Europe besides inking an agreement with France-based Le Creuset S A for supply of wine accessories. ...
CALL FOR EU TO CONSIDER EXTENDING LINES OF CREDIT TO INDIAN COS.
Jun 01, 2000 ... NEW DELHI, June 1 Asia Pulse - The European Union (EU) should consider extending lines of credit to Indian companies to boostilateral trade, a senior government official said here. "Countries like Italy and the USA already have extended lines of credit to India and we want the ...
OCTAGON ANNOUNCES PARTNERSHIP WITH EINTRACHT FRANKFURT.
Jun 01, 2000 ... (Full text of a statement. Contact details below.) FRANKFURT, Germany, May 31 PRNewswire-AsiaNet - Global sports marketing and entertainment group Octagon today announces that it has taken a substantial equity position in one of Germany's most famous football clubs, Eintracht ...
FIVE AUSTRALIAN BANKS TO DEVELOP NET TRANSMISSION TECHNOLOGY.
Jun 01, 2000 ... MELBOURNE, June Asia Pulse - Australia's five largest banks have joined forces to develop a secure method of sending information and payments over the Internet. The National Australia Bank (ASX:NAB) said authenticating identity through the use of digital certificates was ...
RUPERT MURDOCH'S SON JAMES TO HEAD STAR TV IN HONG KONG: REPORT.
Jun 01, 2000 ... LONDON, June 1 Asia Pulse - Rupert Murdoch's youngest son James is to be appointed head of his Hong Kong-based Star TV network, it was reported here Wednesday. The non-Murdoch Guardian newspaper said James Murdoch, 27, would be announced today as new chief of the satellite ...
STOCKS - AUSTRALIAN SHARES OPEN SLIGHTLY LOWER - JUNE 1, 2000.
Jun 01, 2000 ... SYDNEY, June 1 Asia Pulse - Australian stocks opened slightly lower following a drop in Wall Street overnight, with News Corp and banks leading the fall. The all ordinaries index shed 4.2 points, or 0.14 percent, to 3036.4. The S&P/ASX 200 fell 4.8 points, or 0.16 percent to ...
KOREAN NEWSPAPER HIGHLIGHTS - JUNE 1, 2000.
Jun 01, 2000 ... SEOUL, June 1 Asia Pulse - Highlights of today's newspapers: DONG-A ILBO - Hyundai Group Honorary Chairman Chung Ju-yung announces he and his two sons will withdraw from management. - Lee Hoi-chang reelected president of opposition Grand National Party in ...
INDIAN IT, SOFTWARE AND SERVICE EXPORTS UP 35% IN 1999-2000.
Jun 01, 2000 ... NEW DELHI, June 1 Asia Pulse - Exports of Information Technology (IT) industry, software and services and electronics from India grew at an impressive 35 per cent in rupee terms at Rs 240.25 billion (US$5.4 billion) in 1999-2000. The sector thus contributed 15 per cent of the ...
AUSTRALIA'S BIOTA WITHDRAWS EU SUBMISSION FOR ANTI-FLU DRUG.
Jun 01, 2000 ... MELBOURNE, June 1 Asia Pulse - Biota Holdings Ltd (ASX:BTA) has suffered a setback with the withdrawal of a submission to have its anti-influenza drug Relenza approved for preventative use in the European Union. A day after receiving the United States nod to use Relenza to treat ...
INDIAN PORTAL REDIFF.COM SET TO LIST ON NASDAQ BY JUNE 15.
Jun 01, 2000 ... NEW DELHI, June 1 Asia Pulse - Rediff.com is likely to list its shares on the tech-heavy Nasdaq exchange before June 15 through its proposed US$75 million American Depository Shares (ADSs). According to top investment banking sources, Rediff.com is sticking to the initial plan ...
HYUNDAI HEAD CONFIRMS RETIREMENT OF HIS 2 SONS FROM MANAGEMENT.
Jun 01, 2000 ... SEOUL, June 1 Asia Pulse - Hyundai Group patriarch Chung Ju-yung confirmed Wednesday afternoon the retirement of his two sons, Mong-koo as chairman of Hyundai Motor and Mong-hun as group chairman, along with his retirement as honorary chairman. Meeting reporters in the Hyundai ...
STOCKS - KOSPI, KOSDAQ INDEXES EDGE UP - JUNE 1, 2000.
Jun 01, 2000 ... SEOUL, June 1 Asia Pulse - After a two-day rally, the stock markets started on a weak tone Thursday on profit-taking. The Korea Composite Stock Price Index briefly fell below the 730-level, but recovered to 733.48 as of ...
AUSTRALIAN GAS AND LIGHT TO TAKE 20% OF TRANSACT COMMUNICATIONS.
Jun 01, 2000 ... SYDNEY, June 1 Asia Pulse - The Australian Gas Light Co Ltd (ASX:AGL) is to take a 20 per cent stake in TransACT Communications Pty Ltd. TransACT - which is to build Australia's first broadband communications network in Canberra - is AGL's first foray into the ...
FORD AUSTRALIA TO DESIGN AND BUILD NEXT FALCON MODEL.
Jun 01, 2000 ... ADELAIDE, June 1 Asia Pulse - Ford Australia has won approval to design, engineer and build the next model Falcon in Australia, due for release in late 2002. The company announced the decision today and said it meant the Falcon would remain the only car range completely ...
OVERSEAS FINANCIAL INSTITUTIONS POSITIVE ABOUT HYUNDAI.
Jun 01, 2000 ... SEOUL, June 1 Asia Pulse - Overseas financial institutions are expressing optimism that the Hyundai Group's liquidity problem will have a positive effect on the Korean economy over the long term, according to business sources Thursday. Chase Securities said the liquidity problem ...
STOCKS - KL SHARES OPEN HIGHER - JUNE 1, 2000.
Jun 01, 2000 ... KUALA LUMPUR, June 1 Asia Pulse - Kuala Lumpur share prices opened higher in thin trade Thursday. A dealer attributed the slow early trade to retail investors awaiting for institutional investors to play up heavyweight stocks and lift market sentiment, a dealer said. ...
SILTERRA MALAYSIA SECURES US$674 MLN LOAN FOR FROM US EXIM BANK.
Jun 01, 2000 ... KUALA LUMPUR, June 1 Asia Pulse - Silterra Malaysia Sdn Bhd, a full-service semiconductor manufacturing provider, has received final approval from the Export-Import Bank of the United States for a loan of US$674 million (RM2.561 billion). Its chairman, Mohd Sheriff Mohd Kassim, ...
FOREX - MAJOR CURRENCIES OPEN MIXED VS RINGGIT - JUNE 1, 2000.
Jun 01, 2000 ... KUALA LUMPUR, June 1 Asia Pulse - Major currencies were mixed against the ringgit this morning with the US dollar continuing to be firm in overseas trade, dealers said. The yen fell to 3.5148/5190 against the local unit from 3.5400/5443 yesterday while pound sterling weakened to ...
PAKISTAN DISCOVERS OIL, GAS IN POTOHAR REGION.
Jun 01, 2000 ... ISLAMABAD,June 1 Asia Pulse - Federal Minister for Petroleum and Natural Resources Mr Usman Aminuddin said here that oil and gas was discovered in Pariwali area of Potohar region by Pakistan Oil Filed Limited (POFL). ...
PAKISTAN TO EXPORT 1 MILLION TONS OF WHEAT.
Jun 01, 2000 ... ISLAMABAD, June 1 Asia Pulse - The government in an unprecedented move here announced to export one million tons of wheat, worth about $350 million, from its two million surplus production during fiscal year 2000-2001. Sri Lanka and Zimbabwi.had already expressed their interest ...
SEOUL BOURSE EXPECTED TO REGAIN STRENGTH IN JUNE.
Jun 01, 2000 ... SEOUL, June 1 Asia Pulse - Stocks kept surging for two successive days on Wednesday, boosting expectations that the securities market will recover its strength this month. Hyundai Group's problems, which had been a big drag on the bourse, have subsided somewhat after the group's ...
SYRIA SEEKS PAKISTAN'S HELP IN REVAMPING TEXTILE SECTOR.
Jun 01, 2000 ... KARACHI, June 1 Asia Pulse - Syria has sought Pakistan's technical help to revamp its textile sector, official sources said here. Syrian Industry Minister Ahmad Hamo extended the invitation to cooperate during a recent visit of Pakistan's State Minister and Chairman Export ...
AMERICAN EXPRESS TO ESTABLISH CHINA HQ IN THIRD QUARTER.
Jun 01, 2000 ... BEIJING, June 1 Asia Pulse - The American Express Company announced here on May 30 that its China headquarters will be officially opened in Beijing in the third quarter this year. A spokesman for the company said the establishment of the China headquarters signifies the ...
JAPAN'S FRC TO DELAY NCB REPRIVATIZATION TO SEPT OR LATER.
Jun 01, 2000 ... TOKYO, June 1 Asia Pulse - The Financial Reconstruction Commission will have to postpone the reprivatization of Nippon Credit Bank from June to September, or even later, because a consortium led by Softbank Corp (TSE:9984) will lose its priority negotiation rights on Thursday, sources ...
JAPANESE MORNING NEWSPAPER HIGHLIGHTS - JUNE 1, 2000.
Jun 01, 2000 ... TOKYO, June 1 Asia Pulse - Highlights of the morning edition of the Nihon Keizai Shimbun (Nikkei) today: - FSA Orders Daihyaku Mutual Life To Suspend Operations - Daihyaku Mutual Failure Shows Problems In Insurance Sector - FRC To Delay NCB Reprivatization ...
JAPAN'S FSA ORDERS DAIHYAKU MUTUAL LIFE TO SUSPEND OPERATIONS.
Jun 01, 2000 ... TOKYO, June 1 Asia Pulse - The Financial Supervisory Agency Wednesday ordered Daihyaku Mutual Life Insurance Co to suspend some of its operations, agency sources said. The move is in line with the Insurance Business Law. The midsize life insurer decided Wednesday to give up on ...
ARAB-MALAYSIAN DEV'T REDUCES LOSSES TO US$2.15 MLN.
Jun 01, 2000 ... KUALA LUMPUR, June 1 Asia Pulse - Arab-Malaysian Development Bhd (KLSE:AMDS) posted a pre-tax loss of RM8.195 million (US$2.15 million) for the year ended March 31, 2000, despite registering a pre-tax profit of RM6.602 million in the last quarter. However, the losses were very ...
JAPAN'S MAJOR TEXTILE FIRMS SUFFER AS MAIN MARKETS SLUMP.
Jun 01, 2000 ... TOKYO, June 1 Asia Pulse - Five of Japan's nine largest textile companies suffered group revenue declines in the year ended March 31, while sales at the other four would not have risen had they not consolidated greater numbers of subsidiaries. All nine had announced fiscal 1999 earnings by ...
PAKISTAN STOCK EXCHANGES SUSPEND TRADING.
Jun 01, 2000 ... KARACHI, June 1 Asia Pulse - All the three stock exchanges in the country had to suspend trading on Tuesday, fearing that default by some of its members could trigger panic in the market. "One of the members had crossed the exposure limits," said a former chairman of the Karachi ...
MALAYSIA'S PSC REPORTS PRE TAX PROFIT OF US$51.5 MLN IN Q1.
Jun 01, 2000 ... KUALA LUMPUR, June 1 Asia Pulse - PSC Industries Bhd (KLSE:PCSI) reported a pre-tax profit of RM39.694 million on a turnover of RM195.884 million (US$51.5 million) for the first quarter ended March 31, 2000. Earnings per share on a fully diluted basis was at 10.45 sen. ...
SHELL PETROLEUM SET TO SELL COAL ASSETS TO ANGLO-AMERICAN.
Jun 01, 2000 ... BRISBANE, June 1 Asia Pulse - The Shell Petroleum Company Ltd has reached an agreement for the much anticipated sale of its coal assets, with the UK's Anglo American plc set to pay up to $A1.6 billion ($US916.64 million) for the portfolio. The companies said yesterday the price ...
AUSTRALIA'S CAPE RANGE WIRELESS MAY ACQUIRE ARCADIAN WIRELESS.
Jun 01, 2000 ... PERTH, June 1 Asia Pulse - Perth-based telco Cape Range Wireless Ltd is in the midst of negotiations with Arcadian Wireless Inc which could lead to the acquisition of the entire company. Cape Range's major asset is its 20 per cent stake in Arcadian but chairman Ron Wise said ...
HIGH OIL PRICES TO HURT WIDE SPECTRUM OF KOREAN INDUSTRIES.
Jun 01, 2000 ... SEOUL, June 1 Asia Pulse - Red flags are flying for consumers of oil products, especially exporters, with gasoline prices rising to record highs. A big jump in gasoline pump prices has been allowed by the government to encourage conservation by passing increases in the oil ...
OPERATING BALANCES IMPROVE AT JAPAN'S 3 TOP AIRLINES.
Jun 01, 2000 ... TOKYO, June 1 Asia Pulse - Operating profits rebounded at Japan's two of three largest airlines in the year ended March 31, with Japan Airlines Co. (TSE:9201) recording a 37% jump, and Japan Air System Co. (TSE:9203) seeing a 729% surge. All Nippon Airways Co. (TSE:9202) climbed back into ...
MALAYSIA PETROCHEMICAL INDUSTRY TO CREATE LOCAL BUSINESS.
Jun 01, 2000 ... KUALA LUMPUR, June 1 Asia Pulse - Malaysia's expanded petrochemical industry, especially in the Eastern Corridor of Peninsular Malaysia such as east coast states Kerteh, Terengganu and in Gebeng, Pahang, will provide some business spin-offs to local entrepreneurs. Currently, ...
CHINA TO DEVELOP MORE STEEL IMPORT SUBSTITUTES.
Jun 01, 2000 ... BEIJING, June 1 Asia Pulse - China will concentrate efforts on developing steel to substitute for imports during the next five years, according to the State Bureau of Metallurgical Industry. The rolled steel to be developed includes cold-rolled sheets, zinc-coated sheets, ...
JAPANESE HOUSING STARTS INCH HIGHER IN APRIL.
Jun 01, 2000 ... TOKYO, June 1 Asia Pulse - Housing starts rose 0.1 percent year on year in April to 107,258, the Ministry of Construction announced Wednesday. The first growth since February was attributed to a 23.8 percent increase in homes built by developers. Starts for both owner-built ...
S KOREA STOCK TIPS, MORNING - JUNE 1, 2000.
Jun 01, 2000 ... SEOUL, June 1 Asia Pulse - Hanyang Securities (KSE: 01750) said the stock market will start showing segmented performances, unlike recent mass movements. The brokerage house recommended 21 listed companies that can provide profits in the changed environment, citing business ...
HK GROUP SAYS MINDANAO CRISIS WON'T AFFECT INVESTOR CONFIDENCE.
Jun 01, 2000 ... MANILA, June 1 Asia Pulse - A business mission group from Hong Kong said the Philippine economy was heading in the right direction and that the Mindanao crisis would not affect investor confidence. Hong Kong Trade Development Council (HKTDC) Manila mission leader P.C. Lau said ...
BRAZILIAN AERONAUTICAL COMPANY OPENS BEIJING OFFICE.
Jun 01, 2000 ... BEIJING, June 1 Asia Pulse - Brazilian Aeronautical Company (Embraer) opened its representative office in Beijing on May 30. The company recently displayed its products and technology in several cities around China, including Urumqi, Chengdu, Kunming, ...
JAPAN'S HITACHI, 2 OTHERS TO PRODUCE MOTORS, GENERATORS.
Jun 01, 2000 ... TOKYO, June 1 Asia Pulse - Hitachi Ltd. (TSE:6501), Fuji Electric Co. (TSE:6504) and Meidensha Corp. (TSE:6508) announced on Wednesday they will cooperate in the manufacturing of high-voltage motors as well as small- and medium-capacity electric generators due to lower demand and falling ...
AUSTRALIA'S PROGEN, TAIWAN'S MEDIGEN TO DEVELOP CANCER DRUG.
Jun 01, 2000 ... BRISBANE, June 1 Asia Pulse - Progen Industries Ltd (ASX:PGL) and Taiwan's Medigen Biotechnology Corp (MBC) have entered into a strategic alliance to accelerate development of drug PI-88 for the potential treatment of cancer and cardiovascular disease. Under a separate ...
GRAINCO AUSTRALIA 6 MTHS TO FEB GAINS $2.64 MLN.
Jun 01, 2000 ... BRISBANE, June 1 Asia Pulse - Diversified bulk commodity logistics and trade facilitation group Grainco Australia Ltd has posted profit after tax of $A4.6 million ($US2.64 million) for the six months to February 29. Grainco chief executive Dave Woodsall said the public unlisted ...
MALAYSIAN NEWPAPER HIGHLIGHTS - JUNE 1, 2000.
Jun 01, 2000 ... KUALA LUMPUR, June 1 Asia Pulse - Highlights of today's newspapers: BUSINESS TIMES - Pacific Bank Bhd said it aims to be an anchor insurance compay when the industry consolidates and after its commercial bank has been sold to Malayan Banking Bhd under a bank merger ...
JAPAN AUTOMAKERS TARGET 5.7% GROWTH IN FY2000 SALES.
Jun 01, 2000 ... TOKYO, June 1 Asia Pulse - Ten of Japan's 11 major automakers, excluding Nissan Motor Co. (TSE:7201), have increased their domestic sales targets for fiscal 2000 by an aggregate 5.7% compared with actual sales in fiscal 1999. The 10 firms plan to sell a combined 5.21 million ...
JAPAN'S MITSUI, SUMITOMO MARINE TO INTEGRATE SYSTEMS IN 2003.
Jun 01, 2000 ... TOKYO, June 1 Asia Pulse - Mitsui Marine & Fire Insurance Co. (TSE:8752) and Sumitomo Marine & Fire Insurance Co. (TSE:8753) will integrate their main customer and policy management computer systems into Mitsui's system within two years of their merger in October 2001, the companies said ...
JAPAN'S NISSAN DIESEL AVOIDS NEGATIVE GROUP NET WORTH.
Jun 01, 2000 ... TOKYO, June 1 Asia Pulse - Nissan Diesel Motor Co. (TSE:7210) succeeded in avoiding negative net worth on a group basis in the year ended March 31, with 5.5 billion yen in group shareholders' equity, the company announced Wednesday. Despite a 42.6 billion yen extraordinary loss, ...
AUSTRALIAN TOURISM MUST WOO SMALL EUROPE MKTS: OFFICIAL.
Jun 01, 2000 ... SYDNEY, June 1 Asia Pulse - The Australian tourism industry must broaden its appeal to the smaller inbound European markets, the Australian Tourist Commission (ATC) says. ATC deputy managing director Bill Calderwood said the challenge to Australia was to demonstrate to potential ...
S KOREA'S HYUNDAI EASES ON REACTOR PROJECT DEMAND IN NORTH.
Jun 01, 2000 ... SEOUL, June 1 Asia Pulse - Hyundai Engineering and Construction (KSE:00720) has been showing signs of easing efforts to solely take charge of the third-phase construction of the light-water nuclear reactors in North Korea. Korea Electric Power Corp (KSE:15760) is the main ...
HIGHER YEN WIPES OUT JAPAN AUTOMAKERS' PROFIT.
Jun 01, 2000 ... TOKYO, June 1 Asia Pulse - Japan's 11 auto makers had by Wednesday announced mostly gloomy earnings results for the year ended March 31, with the strong yen exacerbating a slump in domestic auto sales. Five of the 11 posted group net losses, while three saw group net profit ...
FINAL ROUND TO IMF-PAKISTAN TALKS TO CREATE ECONOMIC MODEL.
Jun 01, 2000 ... ISLAMABAD, June 1 Asia Pulse - The final round of IMF-government dialogue in Pakistan, expected to conclude on June 2, aims to create a complete picture of the economy. This means a complete outline of the workings of the economy and approaches to achieving growth targets in an ...