1) (HK) Flood of China ivory feared after handover by kuma@cyberway.com.sg 2) (Taiwan) Swine of a day as pig ban hits Taiwan bulls by kuma@cyberway.com.sg 3) (CN) Flood of China ivory feared after handover by kuma@cyberway.com.sg 4) (Taiwan) Meat and feed firms dive after ban on pork exports by kuma@cyberway.com.sg 5) Last chance to save the bear by kuma@cyberway.com.sg 6) (MY) Projects to protect endangered species by kuma@cyberway.com.sg 7) (CN) Export plan for bear bile under attack by kuma@cyberway.com.sg 8) (US) Pork Soars by allen schubert <alathome@clark.net> 9) Fwd: Horses Criminal Case Shut Down by Nichen@aol.com 10) Sea Lion "Culling" in Peru by Andrew Gach <UncleWolf@worldnet.att.net> 11) ar-news--bounced by allen schubert <alathome@clark.net> 12) 1918 Flu pandemic originated in pigs by David J Knowles <dknowles@dowco.com> 13) (US) Sea World rescues beached baby whale by allen schubert <alathome@clark.net> 14) Admin Note: ar-news--bounced by allen schubert <alathome@clark.net> 15) Illegal slaughter of seal pups in Canada by Andrew Gach <UncleWolf@worldnet.att.net> 16) Horse slaughter hushed up by Andrew Gach <UncleWolf@worldnet.att.net> 17) (US) Horses Criminal Case Shut Down by allen schubert <alathome@clark.net> 18) (US) Report: Bullfight Strike Over by allen schubert <alathome@clark.net> 19) Tennessee in trouble by allen schubert <alathome@clark.net>
Date: Sat, 22 Mar 1997 14:09:56 +0800 (SST)
>From: kuma@cyberway.com.sg
To: ar-news@envirolink.org
Subject: (HK) Flood of China ivory feared after handover
>South China Morning Post, Internet Edition, 22 Mar 97 Swine of a day as pig ban hits Taiwan bulls REUTER in Taipei News of a ban on exports of pork after an outbreak of foot-and-mouth
disease in Taiwan brought the stock market's bull run to a shuddering halt
yesterday, but analysts say the outlook remains bullish.
Japan and South Korea yesterday announced that they had banned pork imports
from Taiwan indefinitely in the wake of the foot-and-mouth outbreak.
The Weighted Index plunged 262.6 points, or 3.09 per cent, to 8,230.07, the
heaviest single-day loss in 11 months.
Turnover was NT$189.7 billion (about HK$53.34 billion).
"The market has not experienced such a sharp fall for a long time," George
Hou, a fund manager at Jardine Fleming, said.
Not surprisingly, the food sector was hardest hit. The sector plummeted
5.9 per cent, with most livestock shares tumbling by the daily 7 per cent limit.
"Food companies will be miserable for a while," Mr Hou said.
Further dampening confidence was the government's latest bid to cool what
it perceives as an overheated stock market and the central bank's persistent
tightening of liquidity in the banking system, analysts said.
Securities and Exchange Commission head Lu Tung-ying sent a letter to the
island's securities brokerages, urging them to protect investors' rights
after recent market rallies.
The letter was widely seen by analysts as an attempt to cool the stock fever.
Buoyed by what brokers called a liquidity-driven rally and a recovering
economy, Taiwan's stock market is already one of the best performing in the
world.
It has risen more than 20 per cent this year and 70 per cent since a year
ago, when Beijing's intimidating war games and missile tests sent investors
running for cover.
Many brokers said yesterday's correction would probably be short-lived.
"Investors are by no means becoming bearish," Lin Long-hsien of United
Securities said.
Date: Sat, 22 Mar 1997 14:10:03 +0800 (SST)
>From: kuma@cyberway.com.sg
To: ar-news@envirolink.org
Subject: (CN) Flood of China ivory feared after handover