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2005 In Review: Central Asia Witnesses Revolution, Continued Crackdown

2005 In Review: Central Asia Witnesses Revolution, Continued Crackdown It was a tumultuous year in Central Asia. A largely bloodless revolution in Kyrgyzstan was followed by the bloody suppression of dissent in Uzbekistan. With the region’s leaders on edge at events in Kyrgyzstan, the year produced further restrictions on political and media freedoms in Kazakhstan, Tajikistan, and Uzbekistan. But for Kazakh President Nursultan Nazarbaev at least, the year ended on a positive note, with a landslide victory in presidential elections in December. Prague, 21 December 2005 (RFE/RL) -- Early in 2005, commentaries on Kyrgyzstan often focused on how far a country considered

Asia Fund Poll: Managers More Positive On Stocks

Asia Fund Poll: Managers More Positive On Stocks International fund managers have become more positive toward equities globally in the past month, citing strong earnings and attractive valuations in many countries. Managers in the latest monthly survey by Dow Jones Newswires raised their average weighting slightly for equities in a global portfolio, leaving it at a slight overweight. They have a neutral view on cash and are slightly underweight on bonds, which they say suffer from unattractive yields. "Within the mainstream asset classes, equities do seem to be able to offer a good enough absolute return in 2006," says JF Asset

Won Declines on Resistance MARKET ROUNDUP: CURRENCIES BUSINESS ASIA By Bloomberg

Won Declines on Resistance MARKET ROUNDUP: CURRENCIES BUSINESS ASIA By Bloomberg The South Korean won declined Thursday, ending two days of gains, on speculation that the central bank would allow it to weaken in order to keep exports competitive as the yen trades near a two- month low. A cheaper yen against the won reduces the cost of Japanese goods sold abroad, to the detriment of Korean manufacturers, who compete for buyers of electronics and automobiles. Traders raised bets that the Bank of Korea would sell its currency after Vice Finance Minister Chin Dong Soo said Wednesday that the government would

Dell’s Asia push could slow with exec departures

Dell's Asia push could slow with exec departures SHANGHAI – Dell Inc.'s aggressive expansion in Asia has suffered a setback with the departure of the company's top regional executive to an upstart Chinese rival – its second high level departure in the past two months. A Dell spokeswoman said Steve Felice will take over as sole head of the company's Asian operations, following the departure on Tuesday of long-serving chief William Amelio, who left to take over as chief executive for Lenovo Group Ltd. Dell shares dropped 1 percent on the trading day after the change was announced, counter to a

Japan, Korea lead Asia ADR declines

Japan, Korea lead Asia ADR declines U.S.-listed shares of Asian companies fell hard Wednesday, led by losses among Japanese and Korean names. The Bank of New York Asia American Depositary Receipt Index fell 1.10 points to 137.32, suffering the biggest drop among the sub-regional indexes. The overall Composite ADR Index traded 0.84 points lower to 140.68. Earlier, Japan's Nikkei 225 dropped 250 points, ending 1.56 lower. Japan's largest bank by market capitalization said a steep decline in costs associated with writing off bad loans boosted its profit. It also increased its profit and dividend guidance for the full year ending in