41.   GTE was among four US companies chosen on Wednesday as foreign equity partners in the consortium.

42.   After that, GTE threatened legal action against Sunkyong unless South Korea ensures it the dominant foreign equity role in the consortium.

43.   An investment arm of the government invests the reserves in foreign equities, bonds, fixed deposits, gold and property.

44.   Badly hit were banking stocks, which had posted strong gains after the central bank permitted increased foreign equity participation in local private banks.

45.   The spokesman also announced foreign equity into several other non-banking services which were previously shut to overseas capital.

46.   South Africa picked the consortium of Telekom Malaysia and US-based SBC Communications to be the foreign equity partner in Telkom, subject to further discussions.

47.   South Korea ranks second in terms of direct investment in Europe while Taiwan is next after Hong Kong on the foreign equity investment front.

48.   The ceiling for per-capita foreign equity ownership of local companies is currently set at four percent.

49.   The Indian government Tuesday allowed foreign equity in domestic investment companies -- or non-banking financial firms.