Global turmoil may signal stock rally
Article Abstract:
Historically, when violence in the world escalates, the Asian stock market rises, as it did when the United States began its assault on Kuwait in 1991. UBS Warburg has made a list of stocks that have experienced gains between September 10 and October 2, 2001, led by Industrial and Commerical Bank of China, with a gain of 19.84 percent. The article further details the relationship between violence and the stock market in Asia.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Long-dormant Korean banking shares could key second-half market rally
Article Abstract:
Some investors are taking another look at the Korean banking industry, as the banks deal with a high ratio of nonperforming debt with renewed vigor and the strong demand for loans is predicted to persist. Bank stocks are widely expected to lead the second-half rally in Korean shares, which posted a drastic decline in Jan. 1995. The banking sector is now regarded as one of the growth areas of the economy.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Value in Philippine financials
Article Abstract:
Investment managers are recommending stockholders to hold on to their stocks of big Philippine banks as these could prove to be profitable in the long term. Many investors are selling their bank stocks due to a recent scare involving banks' exposure to the $167 mil debt of Victorias Milling. 'Hold' recommendations for stocks of the Bank of the Philippine Islands, PCIBank and Metropolitan Bank & Trust were given due to the ability of these banks to absorb such exposure.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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