Telstra stands on its future profits

Article Abstract:

The Asian financial crisis and Wall Street stock market crash actually benefited Australian floats such as the one for Telstra. The currency crisis eliminated Asian investors from the market, and other international investors are expected to focus on strengthening their local positions. Small-investment traders are also out to avoid risk. This enables large, financially stable institutions to buy available stock.

Australia, Financial services industry, Finance, Financial services, Telstra Corporation Ltd.

---

Hong Kong's link to the US and us

Article Abstract:

Australia and the US cannot expect to remain immune to the economic disasters suffered in Asian markets such as Hong Kong. After rising more than 450% since 1990, Hong Kong shares and property have lost about half their value, and further decline is predicted. Factors affecting Hong Kong's economy include China's support for non-productive bank loans.

Administration of General Economic Programs, Intnl Economic Policy, International aspects, International economic relations, Hong Kong, International financial institutions

---

'Dr Doom' warns of trouble ahead

Article Abstract:

Veteran US economist Dr. Al Wojnilower predicts that the US stockmarket will fall drastically in 1999 or 2001. As the stockmarket continues to rise to astronomical rates, it will make the US economy more vulnerable to a major decrease in the stockmarket. The US economy has shifted from growth in a 'real economy' to growth of capital values.

Column, Economists, Wojnilower, Albert M.

Similar abstracts:

• Abstracts: A really bad week - and the future may hold more of the same. Netscape and Hewlett-Packard seek corporate network business
• Abstracts: FCC likely to offer four options to fix troubled wireless auction. QuestCom unit defaults on payment for winning FCC wireless auction bid
• Abstracts: Compaq retains lead as PC sales soar. I.B.M. reports mixed results for quarter; profits exceeds forecast, but revenue falls short
• Abstracts: AMD posts a surprise 3rd-quartr profit. AMD beats expectations, plans unit sale
• Abstracts: The Internet takes its place in management. The high-tech bubble nags at analysts. New IT agency give a short, and mysterious, sunset clause

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