East Timor's woes may lead Indonesian shares higher

Article Abstract:

The East Timor problem, which has resulted in the decline of the Indonesian stock market, may actually be a blessing in disguise for the country's capital markets. Analysts are arguing that President Habibie's move to allow the use of military force in East Timor following its vote in favor of independence may actually pave the way for the election of Ms. Megawati Sukarnoputri. The violent result of Habibie's actions may actually result in a smooth transition of power.

Securities and Commodity Exchanges, Securities Exchanges, Financial analysis, Indonesia, Prices and rates, Exchanges, Securities, Securities prices, East Timor, Domestic policy, Political atrocities

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Investors are advised to switch focus to Asian currencies

Article Abstract:

Investors seeking to speculate in Asian stock markets ought to carefully consider investing in Asian currencies, which have been fairly stable against the US dollar since Dec 1998. However, this situation may soon be ending and an increasing number of returns on foreign investments in Asia will come from the regional currencies. The recommended currencies to hold are the Korean won, the Singapore dollar, the Indonesian rupiah and the Malaysian ringgit.

Financial markets, Foreign exchange market

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Suharto's exit slows investors

Article Abstract:

Indonesian President Suharto's resignation may not trigger any substantial flow of funds back in the Asian region, though his resignation was an extremely historic event for the country. Nonetheless, the departure of Suharto enabled Southeast Asian stock markets to rally, with the main stock index in Singapore soaring 3.6%. Stocks in Kuala Lumpur, Malaysia, surged 4.3%, while stocks in Tokyo, Japan, and Hong Kong also soared.

Investments

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