Sukhoi likely won't be hurt by fighter crash

Article Abstract:

Sukhoi is not expected to be significantly damaged by the crash of its SU-30MK fighter at the 1999 Paris Air Show. The $34 million aircraft was destroyed when it crashed after clipping its tail exhaust on the ground on Jun 12, 1999. According to Merrill Lynch's Byron Callan, a single crash would be unlikely to have an impact, especially in the Indian, Chinese, and Vietnamese markets where Sukhoi has been most successful recently. According to Sukhoi, the pilot has blamed human error, not equipment failure, for the mishap.

Marketing procedures, Aircraft, Aircraft Manufacturing, Fighter Aircraft, Russia, Marketing, Defense industry, Aircraft industry, Fighter planes, Sukhoi Corp., Su-30 (Aircraft)

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Markets likely will remain sluggish in the third quarter

Article Abstract:

Stock markets of Asia in this second quarter are down and forecast as remaining slow. Economic indicators that have effected the market are the slow United States economy, China's currency policy question, the continuing soaring of oil prices and the mixed results of bond markets. Corporate earnings for Asian companies are forecast to be down for the rest of the year, implying less growth is the stock market.

Security and commodity exchanges, Industry Overview, Market trend/market analysis

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Tokyo, U.S. lead Asian prices lower

Article Abstract:

Stock prices on most Asian stock exchanges fell on Tuesday Sep 21, 1999, after prices fell 3.4% on the Tokyo exchange. The Taipei, Taiwan, exchange was closed for a second day because of an earthquake. Statistics are included for several Asian countries and Australia, where several stocks rallied.

Securities and Commodity Exchanges, Securities Exchanges, Securities prices, Statistical Data Included, Australia, Exchanges, Statistics, Nikkei Dow Jones Industrial Average (Index)

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