Yeltsin still in hospital: Russian president Boris Yeltsin was still in hospital on Sunday, and it was unclear if he would be in the Kremlin on Monday as aides had earlier suggested, a duty press official said. The 67-year-old president was admitted to Moscow's Central Clinical Hospital on November 22 with pneumonia, but has held a few working meetings there since then, among them with Chinese president Jiang Zemin and with prime minister Yevgeny Primakov. "He is now in the Central Clinical Hospital," a Kremlin press official said on Sunday morning.Toyota plans price adjustment for euro: Japanese automotive giant Toyota Motor Corp plans to adjust its prices for cars sold in Europe when the euro is introduced in January, a Japanese Financial daily reported on Sunday. Toyota plans to offer upgraded standard equipment in its cars sold in more expensive countries in order to offset price differences, the Nihon Keizai Shimbun reported citing company sources. Under the single currency euro, therewill be a 4-5 percent difference in prices in the cheapest country, the Netherlands, and the most expensive country, France, it said. Toyota has 26 brands on the market in Europe.
Frankfurt bourse to add 4 workdays from 1999: The Frankfurt Stock Exchange plans to add four more working days to its schedule from the beginning of 1999, the Welt am Sonntag weekly said on Sunday. The weekly said the bourse wanted to open for trade on Ascension Day, Whit Monday, Corpus Christi and the Day of German Unity. Welt am Sonntag said that according to the Deutsche Boersein Frankfurt such a change was made possible by amendments to labour laws, introduced to facilitate the launch of Europe's common currency, the euro.
Israel to let investors to bid directly for bonds: Institutional and private investors will be able to bid directly for Israeli Treasury bonds from January 1, a finance ministry spokesman said on Sunday. The treasury said it would permit local and overseas investors to bid directly by fax orE-mail in all government bond auctions rather than through banks or brokerage houses as is currently done. The treasury said the measure was part of a plan to make trading in bonds more easy and efficient. "An offering without mediation will make it easier for institutional investors and overseas investment houses," the treasury said in a statement.
Singapore plans S$1.5-billion management school: Singapore plans to complete a Singapore $1.5 billion (US$904 million) management university campus near its city centre by 2003, the local Sunday Times said. The newspaper said the buildings of Singapore Management University (SMU), the island republic's first city university, would occupy a total of five hectares on six parcels of land.
Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.