Credit Lyonnais's 'Feng Shui.' (humorous feng shui predictions by Credit Lyonnais Securities Asia Ltd.)

Article Abstract:

Credit Lyonnais Securities Asia Ltd. publishes yearly its Feng Shui Index, a humorous compilation of economic and financial forecasts. The brokerage company forecasts 1997 as a bullish year, with indexes and profits rising, which could be dampened by unforeseen circumstances. Despite being intended to be playful, the index was able to predict trends somewhat accurately for 1992 and 1993, included swings in the Hang Seng Index.

Stock Brokerage, Financial Forecasting, Stockbrokers, Humor and anecdotes, Economic forecasting, East Asia, Business forecasting

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Economist races ahead on Asia outlook: Jim Walker at Credit Lyonnais predicts a quicker recovery in Thailand

Article Abstract:

Credit Lyonnais Securities (Asia) Ltd's chief economist, Jim Walker, forecasts a quicker economic recovery in Thailand and a sharper decline in China. Moreover, his views on the Philippines are more positive and more negative on Malaysia. Walker's forecasts compel attention since he forecasted difficulties in Thailand months earlier than his collegaues. Walker forecasts that Thailand's economy should increase 4.8% in 1999.

Securities Dealers, Investment Banking and Securities Dealing, China, Officials and employees, Forecasts and trends, Thailand, Securities industry, Walker, Jim

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No safe passage in bonds

Article Abstract:

Demand for Asian bonds continues to decline as negative sentiment towards Asia persists. The HSBC Asian Bond Fund and MeesPierson Asia Bond Fund are some of the Asian bond funds that experience downward performance brought about by regional currency crisis. Experts believe that the decline on Asian bonds will continue for the next several months as foreign investors continue to have a wait-and-see attitude.

Exchange Rates, Bond Brokerage, Economic aspects, Currency devaluation, Devaluation (Currency), Bond brokers, Bond funds

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