Far East market shockwaves reverberate around the world
Article Abstract:
Western financial markets have been severely affected by the turmoil which is currently being experienced by South-east Asian stock markets. There have been particular problems in Indonesia, where investors have been discouraged by signs of economic and currency difficulties. The Philippine peso and the Thai baht have also fallen to record lows. These developments have had repercussions in London, England, where the FTSE 100 index was at one point down more than 600 points, and in the US, with the Dow Jones index 87 points lower.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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One bear turns US rally into a rout
Article Abstract:
There is little agreement among stock analysts and economists about the future direction of Wall Street following the recent 299 point fall in the Dow Jones Industrial Average. Some observers believe that the US economy remains basically strong, while others are expressing concern, especially in relation to the situation in Asia. Private investors seem relatively unconcerned about the decline in the Dow, with little indication that they are turning against stocks.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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A small bear drama disguised as a crisis
Article Abstract:
Issues raised by the drop in share prices since the beginning of 2001 are considered. It is suggested that, in a historical context, the current bear market is still a moderate one.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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