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Foreign Market Analysis.

Publication: Finance Wire

Publication Date: 23-AUG-05
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COPYRIGHT 2005 Voxant Inc.

Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW

SUE HARERA, CNBC ANCHOR: Bill, we`re going abroad, because the Japanese Nikkei hit a new high on Tuesday. It couldn`t hold the 12,500 level it broke in the morning, but it is the first time it`s done that since July of 2001. Renewed market enthusiasm is said to be the result of sustained good news on the economic front as well as increasingly higher support from, for rather, Prime Minister Junichiro Koizumi in upcoming elections, she tried to say. Joining me now for our Japanese edition of investing abroad is Quincy Krosby, chief investment strategist with The Hartford in Hartford, Connecticut, and from Baltimore this afternoon David Warren, President of T. Rowe Price International and a specialist in Japan investing. As a matter of fact, he was in Japan earlier this week.

Welcome to both of you. It`s a pleasure to have you with us.

DAVID WARREN, PRESIDENT, T. ROWE PRICE INTERNATIONAL: Hello.

HARERA: Quincy, let me start with you, if I could. Prime Minister Koizumi certainly has been effective in instituting some reforms and keeping the country on...

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