Show of force

Article Abstract:

Taiwan is keen to become an international finance centre and is taking measures to gradually open up its capital market. The decision has grown out of a realization that Taiwan's old industries were no longer so competitive, generating a need to move into knowledge-, service- and capital-based industries. Some financial experts are frustrated by the slow rate of change, but steps which have been taken include the introduction of easily accessible equity warrants. Further plans include the gradual liberalization of domestic banking over a three year period.

Economic Programs, Administration of Economic Programs, Taiwan, Economic policy

---

Moody's blues

Article Abstract:

It is becoming increasingly common in financial circles in Asia to question the judgement of Moody's Investors Service. Asian companies and governments feel that this ratings agency, one of oldest and most respected, has been responsible for exacerbating the crisis in the region with frequent and often large downgrades of sovereign and corporate debts. Similarly, investors are also expressing concern about ratings agencies. They feel that agencies are now fallible and that their decisions are often unpredictable and hard to understand.

Cover Story, Influence, Moody's Investor Service, Rating agencies (Securities)

---

Bully boys

Article Abstract:

There has been strong interest recently from potential investors in Indonesian automobile assembler PT Astra International. Businessman Bob Hasan has been building up a stake in the company, and PT Hanjaya Mandala Sampoerna has also taken predatory action. However, this company now seems to have decided not to increase its stake in Astra any further. Its actions in relation to Astra have attracted dissent from a number of minor shareholders.

Automobile industry, Securities, P.T. Astra International Tbk, Investor relations, PT Hanjaya Mandala Sampoerna

Similar abstracts:

• Abstracts: Seeds of ferment. Kuok vs Shaw. Virtual reality: tycoons try to project unity amid certainty
• Abstracts: High roller. Food for the masses. Midlife overhaul
• Abstracts: The sewage war. Mr Wolfensohn's new clients. Fast developer: Indian banking
• Abstracts: Cause for concern. Dangerous territory. About to take off?
• Abstracts: How the Bank of Japan won its battle for independence. Kingboard's material edge. Trend toward consolidation is considered insufficient

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.