Economic & financial indicators

FINANCIAL MARKETS

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FINANCIAL MARKETS The naming of a controversial new cabinet sent Jakarta's stockmarket tumbling 6.8% to a two-month low. In Taipei shares slumped by 7.1% to a nine-month low as investors worried that Taiwan's anti-corruption drive might trigger a financial crisis. Mutual-fund selling and generally negative sentiment drove Athens down by 8.6%.

This article appeared in the Economic & financial indicators section of the print edition under the headline “FINANCIAL MARKETS”

Asia’s shifting balance of power

From the September 2nd 2000 edition

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