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Web-only Exclusives
November 30, 2000

From Our Correspondent: Hirohito and the War
A conversation with biographer Herbert Bix

From Our Correspondent: A Rough Road Ahead
Bad news for the Philippines - and some others

From Our Correspondent: Making Enemies
Indonesia needs friends. So why is it picking fights?

Asiaweek Time Asia Now Asiaweek story

The Markets Last Week

AGAINST A BACKDROP OF fast U.S. economic growth and low inflation, the Dow Jones index posted the biggest weekly gain in five years. The U.S. grew 5.6% in the first quarter, while inflation in terms of the implicit GDP deflator rose a mere 2.3%. Buying by pension funds sent Tokyo to its highest level this year. Telecom giant NTT surged 8.3% on May 1 with news that the com-pany would be added to the widely followed Morgan Stanley Japan index. The inclusion will prompt money managers to buy NTT to bring their performance close to the benchmark. Hit by fears of a property glut and a worrisome external trade situation, Manila fell 9.3% in the week to May 2, though it staged a strong rebound days later. In Taipei, profit-taking set in as investors worried that stock prices looked stretched after rising 25% this year.

This edition's table of contents | Asiaweek home



U.S. secretary of state says China should be 'tolerant'

Philippine government denies Estrada's claim to presidency

Faith, madness, magic mix at sacred Hindu festival

Land mine explosion kills 11 Sri Lankan soldiers

Japan claims StarLink found in U.S. corn sample

Thai party announces first coalition partner


COVER: President Joseph Estrada gives in to the chanting crowds on the streets of Manila and agrees to make room for his Vice President

THAILAND: Twin teenage warriors turn themselves in to Bangkok officials

CHINA: Despite official vilification, hip Chinese dig Lamaist culture

PHOTO ESSAY: Estrada Calls Snap Election

WEB-ONLY INTERVIEW: Jimmy Lai on feeling lucky -- and why he's committed to the island state


COVER: The DoCoMo generation - Japan's leading mobile phone company goes global

Bandwidth Boom: Racing to wire - how underseas cable systems may yet fall short

TAIWAN: Party intrigues add to Chen Shui-bian's woes

JAPAN: Japan's ruling party crushes a rebel at a cost

SINGAPORE: Singaporeans need to have more babies. But success breeds selfishness

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