"It is a clear case of quasi-public funds distorting the commercial environment, " said Anthony de Larrinaga of SG Securities.

BBC: Digital TV losers assess their prospects

Economist Manu Bhaskaran of SG Securities Asia is bullish about Malaysia's short-term prospects, expecting GDP to grow 2.5% in 1999.

CNN: LEADING INDICATORS

"Yahoo is reporting better earnings, but it's trading down: it doesn't make sense, " says Jonathan Iu, Internet analyst at SG Securities in Hong Kong.

CNN: ASIANOW - TIME Asia | Is the New Economy Dead?

For Manu Bhaskaran, a director at SG Securities Asia in Singapore, the election results are fairly encouraging, with Indonesians voting for moderation and an alliance with broad support likely to arise.

CNN: HARD WORK AHEAD

"Interest rates are coming down, current-account surpluses are emerging, corporate balance sheets are being restructured, and banking-sector recapitalization is moving along at a good pace almost everywhere in the region, " contends Manu Bhaskaran, a managing director at SG Securities (Singapore).

CNN: THE LONG, HARD CLIMB BACK UP

Analysts at SG Securities agree.

WSJ: Why Italy Looks Cheap