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Thursday, July 2, 1998

Defector to spill the beans on Pak's N-plan
The five Pakistani nuclear scientists who have defected to the West have signed a protest letter against Islamabad's India-specific nuclear first strike doctrine. The lone scientist who has made it to the US, Iftikhar Chaudhry Khan, said he was ready to provide detailed information to US officials on Pakistan's nuclear programme, including Chinese assistance in building a reactor that produces plutonium for nuclear weapons.

Israel rapped for extension plans
Israel has come under severe criticism in the UN Security Council for its plan to extend the border of Jerusalem, with members of the world body asking the international community to force Tel Aviv to rescind it. More than 40 members participated in yesterday's day-long debate held over objections of the United States. But an Arab sponsored resolution condemning the plan and asking Israel to rescind it was not put to vote at the end of the debate.

HK blues shadow anniversary special
The sun shone brightly in Hong Kong as it entered its second year of Chinese rule, but with the economic storm clouds gathering there was little celebratory mood on the streets. Chinese President Jiang Zemin talked up Hong Kong's future saying the "pearl in the lap of the South China Sea, will shine even brighter".


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  Open up, Clinton tells China
  US F-16 fired at reservoirs
  One Nation's latest -- Refugees, go back home when it's safe
  Pak borrows to salvage foreign exchange funds
  11 European nations unveil central bank in Germany
  Vietnam forex market under pressure to depreciate dong, say foreign bankers
  Firms get set to meet euro challenge
  World Briefing
  IMF seeks Japan recovery to aid ailing Asia
  Monsanto set to buy out Cargill's Latin American seed business
  World Bank may speed up $500-600m loan to Russia
  Sony Corp to enter non-life insurance market
  Monsanto, Novartis gene patent dispute goes to jury
  Indonesia woos tourists with "for free" package
  Burst bubble shakes Thai corporate landscape
  Huge volume may crush German grain prices
  Jakarta palmolein prices up on severe shortage
  Sanctions on Cuba deprive US grainfarmers of a valuable market
  Nikkei up 3% on govt move to revive economy
  Asian economic woes may not hit commodities market hard
  Mexican sugar industry sees hope in ethanol

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