search query: @indexterm KOREA / total: 137
reference: 42 / 137
| Author: | Clifford, M. |
| Title: | Loud cheers abroad |
| Journal: | Business Week
1998 : MAY 4, VOL. 3560:890, p. 46-48 |
| Index terms: | ASIA KOREA EUROPE BRAZIL |
| Language: | eng |
| Abstract: | After the tumultuous end of 1997, investors prayed for an easier ride in 1998. So far, they've gotten their wish. A rising tide of global liquidity buoyed most offshore equity funds in the first quarter. Nowhere was the flood of money more welcome than in Asia, especially among the battered ranks of Korean funds. In a dramatic reversal from last quarter, the Korean stock market surged 58% in U.S. dollar terms during the three months ended Mar. 31, with nearly half of the gain coming from the won's appreciation. |
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