11. Canadian Finance Minister Paul Martin, speaking to reporters as the Canadian parliament began its seven-week recess, reiterated his opinion that financial markets will stabilize. 12. Douglas and others said a growing perception that Asian markets are stabilizing may draw money out of Treasuries. 13. Early on Friday, there were some signs that Asian markets were stabilizing. 14. Finance Minister Hiroshi Mitsuzuka said at a press conference the foreign exchange market is stabilizing after digesting the message delivered recently by the Group of Seven industrialized nations. 15. Global equity markets rallied as South Korea agreed to seek a financial bailout from the International Monetary Fund, indicating Asian financial markets could stabilize. 16. Global equity markets rallied as South Korea agreed to seek a financial bailout from the International Monetary Fund, indicating that Asian financial markets could stabilize. 17. Hewlett-Packard officials said their goal for revenue growth was in the mid to high teens, but that this performance was not possible until world markets stabilize. 18. If global equities markets stabilize and the United States stock market pulls out of its slump, Treasury prices could fall. 19. If markets like Hong Kong stabilize, investors can shift their focus back to the good conditions in the U.S. and elsewhere, money managers said. 20. If markets like Hong Kong stabilize, investors can shift their focus back to the good conditions in the U.S., money managers said. |