Today Premji, by virtue of his building software power Wipro , is one of Asia s richest men.
Asia's economic problems could have much nastier consequences if politicians in rich economies respond badly to Asia's narrowing current-account deficits over the next year as countries reduce imports and increase exports.
That's why Asia's TV ad money -- something like 99% of it -- still goes to local stations.
That's because Asia's banks will supply less and shareholders will offer more capital in a consumer- and market-driven economy.
Still, says Compuware's Lewandowski, Asia's slight advantage should not be an excuse for complacency.
"Cautiously optimistic" is how Stanley Fischer, the International Monetary Fund's No. 2 man, describes the IMF's view of Asia's prospects in 1999.
Title after title, the Champions League twice, global megastars such as Eric Cantona, David Beckham, Cristiano Ronaldo ... all these ingredients have made United's football brand Asia's best-loved.
CNN: United under Ferguson: Manchester's mass appeal in Asia
If Malaysia's response to Asia's economic crisis and the treatment of Mr Anwar are weaknesses for Dr Mahathir, as his opponents claim, why has the opposition not tried to cash in?
Even before this year's recession, Asia's over-capacity approached 35%.
While Bangladesh has become a poster child for what's wrong with Asia's factories, Myanmar, Pakistan, China, Indonesia and India are even riskier to brands for sourcing goods and investing, according to Maplecroft, a risk-analysis firm based in Bath, England.
Still, Michael Kurtz, chief Asia strategist at Nomura Holdings, noted that Hong Kong's H-shares have reached the point where they are Asia's cheapest in terms of their forward price-to-earnings ratio, at 8.4 times, compared to a 10-year historical average of 12.6 times.
It would be easy to blame Pakistan's problems on East Asia's financial troubles.
Ranked No. 22 in Asiaweek's 1998 list of Asia's 50 most powerful people, Advani has never been one to hold his tongue.
Apart from anything else, he knows that the longer he dithers, the bigger the impact could become on Australia's economy from East Asia's financial turmoil.
And Korea's KJ Choi and Thailand's Thaworn Wiratchant lead Asia's charge.
Dealers said this reshuffling of Christie's marquee categories reflects Asia's rising clout but also underscores the dwindling supply of Impressionist and modern masterpieces still circulating in the marketplace.
That's one reason this crisis is so much worse than the Mexican one: Latin America's exports only account for 4% of the world's total, whereas Asia's exports tip the scale at 25%.
True, consumer confidence and corporate earnings in the U.S. forged ahead despite Asia's recession.
This year an academic's essay cast doubt on Asia's economic miracle, pricking any unquestioning confidence in the region's prospects.
It is the fastest quarterly expansion in a decade, and confirms the country's status as one of Asia's fastest growing economies.
Because of the subsidy, bonds backed by Mr Miyazawa's guarantee fund would allow Asia's governments to raise money more cheaply, and many will no doubt take him up on the offer.
It is weighed down by an array of concerns: the collapse of property prices, the tech slump, low consumer confidence and the lack of a decisive U.S. recovery to spur Asia's exports.
In fact, the real's devaluation could help maintain Asia's crucial export growth by slowing the recent strong appreciation of currencies such as the baht, the won and the yen, which could undermine export competitiveness.
The Hong Kong government and Disneyland are to announce this week what is expected to be an agreement to build the world's fifth -- and Asia's second -- Disney theme park in Hong Kong.
CNN: ASIANOW - Asiaweek | Intelligence | The Week Ahead: Hong Kong's Disneyland
The West's economic woes are also Asia's.
ECONOMIST: Disarray in the West generates mixed reactions in Asia
Africa already has the premiership's largest fan base, outstripping Asia's, though so far Africans have been too poor to affect the league's finances.
China stands at the head of a very short list, and that nation's long-held reputation as Asia's emerging economic giant and new-found gloss as an island of stability both tempt investor attention.
New York - It's been a good year for Southeast Asia's 40 richest businesspeople.
It's been a good year for Southeast Asia's 40 richest businesspeople.
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