June 28, 2000 |
It wasn't just you and your neighbors caught in the frenzy for "new-economy" stocks in the first quarter of this year. Data reported Tuesday show that foreign investors bought a record net $62.7 billion of U.S. shares in the first quarter, compared with $107.5 billion worth they bought in all of 1999, according to the Securities Industry Assn. The unprecedented demand in the first quarter "was a record vote of confidence in the U.S.
June 10, 1994 |
After making a small fortune as an importer in Taiwan, Taung Ming-Lin came to America with the dream of turning the soil into a garden of bamboo and bok choy and Chinese bitter melon. He took one look at the fields rolling out lush and incandescent in Kern County and plunked down $1.65 million. Problem was, the 723 acres he bought three years ago turned out to be just about the most Godforsaken land in these parts.
December 16, 1986 |
The deficit in the broadest measure of U.S. foreign trade hit a record $36.28 billion from July through September, the government reported today. The Commerce Department said the imbalance in the nation's current account was 5.4% higher than the old record, set in the April-June quarter, of $34.41 billion. The current account measures not only trade between nations in merchandise, but also covers services, primarily investment earnings and transfer payments, such as foreign aid.
December 17, 1986 |
The deficit in the broadest measure of U.S. foreign trade climbed to an all-time high of $36.28 billion in the July-September quarter, increasing America's status as the world's largest debtor nation, the government said Tuesday. The Commerce Department said the imbalance in the country's current account was 5.4% higher than the old record of $34.41 billion set in the April-June quarter.
January 3, 1988 |
Most dollar-rich Japanese real estate investors who had been on a buying spree in the United States until the stock market crash, are now sitting on the sidelines, according to two Los Angeles real estate executives. But how long this watch-and-wait attitude will last and whether it will result in lower U.S. property values is not clear. Michael P.