Little gain from the Games
Article Abstract:
Hong Kong's Hang Seng stock index showed no reaction to news that Beijing would host the 2008 Olympics, since even a $20 bil outlay to prepare for the Games over seven years is just a tiny fraction of China's US$1 trillion per year gross domestic product. Some businesses which stand to gain from increased business in preparing for the Olympics did show stock price increases.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Drug-stock rallies: no bottom line fix
Article Abstract:
Drugs used to fight the bacterial infection anthrax have been selling rapidly in the U.S. due to the biological terrorism scare. A list of Asian companies that produce antibiotics for use against anthrax is provided with an investment analysis. Most of the corporations are not thought to be strong stock buys because antibiotics are only a small percentage of the pharmaceuticals that they produce.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Asia speaks up on the Web; providers tap distae of US biases on Internet
Article Abstract:
International Data Corp. (IDC) said US-based users of the Internet no longer outnumber users outside of the US. The US-based technology research firm said the number of users in both categories match each other for the first time for a total of 112 million users around the globe. IDC approximates that there will be only 30% of the expected 467 million users by the year 2002 will be based in the US. The research firm credits the change in numbers to an increasing number of Asian businessmen who install search engines and Internet sites with a regional appeal. It used to be that content in the Internet was dominated by US providers where extensive use of the Internet was introduced.
Comment:
Says US-based users of the Internet no longer outnumber users outside of the US
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: PAL, Piltel seek solutions; debt woes distort picture of solid bank system. Bank's plan may hit rivals
- Abstracts: Endesa's operating profit falls, while net rises on Edenor sale. Suez net profit increased 38% in first half
- Abstracts: At last., Murdoch spans the Channel; BSkyB to take a 24% stake in Kirch pay TV. Eutelsat to take a 21% stake in Hispasat of Spain
- Abstracts: Chevron considers acquiring Texaco in $42 billion deal to create oil giant. Net income at U.S. companies fell 67% in second quarter
- Abstracts: Deutsche Bank warns of loss, boding ill for its weaker peers. Deutsche Bank counts cost of a tough quarter