Verdict on the crisis
Saturday 30 August 1997
Tan Min Lan, senior economist and strategist for Singapore at Merrill Lynch
`The turmoil will go on for some time. We need to see some stability in currency markets, which will allow interest rates to normalise and reintroduce some stability.'
Edward Goodchild of fund managers Foreign & Colonial
`Events in Asia might be the trigger for a correction on Wall Street, which could have a dramatic impact on the American economy.'
Mark Cliffe, chief international economist at HSBC Markets.
`At this point, cash is king. The US dollar is the safest bet.'
John Lai, a fund manager at Nikko Asset Management
`US markets have factored in nirvana, assuming the world is in perfect balance and earnings will continue to grow. This complacency is being shaken.'
Gail Dudack, equity strategist for UBS in New York
`Shaky waves are reaching us from Asia, affecting European and US stocks.'
Christoph Bruns, fund manager at Union Investment in Germany
`Everyone would rather hold on to cash now that the whole region's going down the tubes.'
Husan Pai, a fund manager at Indosuez Asset Management Asia
`You can't fight the market.'
Goh Chok Tong, the Singapore Prime Minister
- 1 Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
- 2 Google April Fools': company unveils backwards search engine and huggable digital assistant
- 3 I might be an MP, but that doesn't stop me fighting sexism with my breasts
- 4 April Fools' Day 2015: The best hoax news stories from around the internet
- 5 Gamers confess the worst things they've done in The Sims
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
Revealed: Putin's army of pro-Kremlin bloggers
Katie Hopkins reported to the police for race hatred by Labour MP Simon Danczuk after tweet about Pakistani men
iJobs Money & Business
£20000 per annum + commission: SThree: Sthree have an exciting opportunity for...
£18000 - £32000 per annum: Recruitment Genius: A Telesales Executive is requir...
£45000 - £50000 per annum + benefits : Ashdown Group: A highly successful, glo...
£50,000 - £55,000: Neil Pavier: Are you a professionally qualified commercial ...