"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?