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(单词翻译:双击或拖选)
Stocks rose Monday because of word a deal may be nearing to avert1 collapse2 for struggling American carmakers and because of other economic intervention3 by governments around the world.
A man walks past an electronic stock indicator4 in Tokyo, Japan, 08 Dec 2008 |
Shares jumped 7.5 percent in Seoul, more than five percent in Tokyo and more than seven percent in Hong Kong. The All Ordinaries in Sydney also got a boost of more than four percent.
Han Dong-wook is an analyst5 with Hyundai Securities, here in Seoul. He says the market rally has to do with some positive signals investors6 are getting from world capitals.
He says incoming American President Obama's announcements of a forthcoming public-spending plan to rebuild U.S. infrastructure7 sounds a positive note. He says there are also signs China is getting ready to take an active role in its economy, spending billions to cushion its economy from the global slowdown.
Stimulus8 efforts are already underway in other countries, including India, South Korea and Australia. Central bankers, around the world, are also seeking to reinvigorate lending that constricted9 after the failure of several major financial firms in the United States.
Congressional leaders in Washington indicated, this weekend, a deal may be near to extend about $15 billion in emergency loans to the so-called "big three" U.S. auto10 manufacturers.
Pyo Han-hyeong, a researcher at Seoul's Hyundai Research Institute, says Asian exporters do not want to see the American car industry fail. He says a suffering auto industry is likely to make U.S. policymakers more favorable toward trade protectionism and that would mean Asian manufacturers would sell fewer products in the American market.
Economists11 warn that a one-day bounce in Asian stock markets should not be interpreted as a sign of a global recovery. They point to dismal12 U.S. employment figures and predictions from incoming President Obama, himself, that things are likely to get worse before they get better.
1 avert | |
v.防止,避免;转移(目光、注意力等) | |
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2 collapse | |
vi.累倒;昏倒;倒塌;塌陷 | |
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3 intervention | |
n.介入,干涉,干预 | |
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4 indicator | |
n.指标;指示物,指示者;指示器 | |
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5 analyst | |
n.分析家,化验员;心理分析学家 | |
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6 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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7 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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8 stimulus | |
n.刺激,刺激物,促进因素,引起兴奋的事物 | |
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9 constricted | |
adj.抑制的,约束的 | |
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10 auto | |
n.(=automobile)(口语)汽车 | |
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11 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
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12 dismal | |
adj.阴沉的,凄凉的,令人忧郁的,差劲的 | |
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