Asia recovery safe

The Millennium Bug is unlikely to have any impact on Asia's recovery on a six to 12 month view, according to research by Jardine Fleming. The group expects markets throughout the Asian region will weaken at some point before the year 2000 over Y2K Bug fears, but will rebound by January when worries prove unfounded in the largest markets Dan Fineman, regional strategist with Jardine Fleming Research, said: "The perceived and actual risks across markets differ greatly enough to justify giving a heavy weight to year 2000 concerns in asset allocation. Due to the difficulty of precisely forecas...