The Relationship Between Stock Markets Of Major Developed Countries And Asian Emerging Markets

With the emergence of new capital markets and liberalization of stock markets in recent years, there has been an increase in investors' interest in international diversification. This is so because international diversification allows investors to have a larger basket of foreign securities to choose from as part of their portfolio assets, so as to enhance the reward-to-volatility ratio. This benefit would be limited if national equity markets tend to move together in the long run. This paper thus studies the issue of co-movement between stock markets in major developed countries and those in Asian emerging markets using the concept of cointegration. We find that there is co-movement between some of the developed and emerging markets, but some emerging markets do differ from the developed markets with which they share a long-run equilibrium relationship. Furthermore, it has been observed that there has been increasing interdependence between most of the developed and emerging markets since the 1987 Stock Market Crash. This interdependence intensified after the 1997 Asian Financial Crisis. With this phenomenon of increasing co-movement between developed and emerging stock markets, the benefits of international diversification become limited.     

Structure of the asparagine-linked sugar chains of porcine kidney and human urine cerebroside sulfate activator protein

The specific sugar residues and their linkages in the oligosaccharides from pig kidney and human urine cerebroside sulfate activator proteins (saposin B), although previously hypothesized, have been unambiguously characterized. Exhaustive sequential exoglycosidase digestion of the trimethyl-p-aminophenyl derivatives, followed by either matrix-assisted laser desorption/ionization and/or mass spectrometry, was used to define the residues and their linkages. The oligosaccharides were enzymatically released from the proteins by treatment with peptidyl-N-glycosidase F and separated from the proteins by reversed-phase high-performance liquid chromatography (HPLC). Reducing termini were converted to the trimethyl-p-aminophenyl derivative and the samples were further purified by normal-phase HPLC. The derivatized carbohydrates were then treated sequentially with a series of exoglycosidases of defined specificity, and the products of each digestion were examined by mass spectrometry. The pentasaccharides from pig kidney and human urine protein were shown to be of the asparagine-linked complex type composed of mannose-alpha 1-6-mannose-beta 1-4-N-acetylglucosamine-N-acetylglucosamine(alpha 1-6-fucose). This highly degraded structure probably represents the final product of intra-lysosomal exoglycosidase digestion. Oligosaccharide sequencing by specific exoglycosidase degradation coupled with mass spectrometry is more rapid than conventional oligosaccharide sequencing. The procedures developed will be useful for sequencing other oligosaccharides including those from other members of the lipid-binding protein class to which cerebroside sulfate activator belongs. (c) 2000 John Wiley & Sons, Ltd.     

Pyranoxanthones from Calophyllum Inophyllum

Phytochemical investigation of the stem bark of Calophyllum inophyllum resulted in the isolation of a new dipyrenoxanthone, calophinone ( 1 ), together with four related xanthones ( 2–5 ). Identification of the isolated compounds was achieved through intensive studies of their spectral data, especially 2D NMR.     

Mössbauer study of LaNiSn and NdNiSn compounds and their deuterides

Summary LaNiSn and NdNiSn compounds and their deuterides have been studied by variable temperature ¹¹⁹Sn M?ssbauer spectroscopy. The hyperfine parameters obtained experimentally are in good agreement with those derived from first principle calculations. The enlargement of quadrupole splitting observed for LaNiSn after deuteration confirms the lower symmetry of electron density around tin atoms indicated by the calculation of partial Sn-p density of states (DOS). Magnetic ordering is observed at low temperature in deuterided NdNiSn.     

STUDIES OF MULTICOMPONENT COMPLEX OXIDE CATALYSTS FOR OXIDATIVE COUPLING OF METHANE VI.SURFACE BASICITY AND SURFACE ACTIVE OXYGEN SPECIES OF LiTi_xLa_(1-x)O_2 λ MULTICOMPONENT OXIDE CATALYSTS

The surface basicity of Ti-La-Li multicoinponent oxides has been investigated by means of CO2-TPD. The experiment results show that C2 (C2H6 C2H4) selectivity is related to surface basic strength. The surface active oxygen species have also been characterized by means of XPS, O2-TPD and so on. It has been indicated that C2 selectivity and CH4 conversion are correlated with lattice oxygen and the adsorbed oxygen on the surface of the catalyst respectively In the O2-TPD experiments, it has also been found that there are three kinds of oxygen species on the surface of the series catalvsts, which are a (100℃ 750℃) Among them α-oxvgen causes deep oxidation whileβand γ oxygen species are related to oxidalive coupling of methane (OCM).     

EFFECTS OF K_2O AND MnO PROMOTERS ON THE PRODUCTION OF LIGHT ALKENES VIA SYNGAS OVER Fe/SILICALITE-2 CATALYST I.ACTIVITY OF K-Fe-MnO/SILICALIT-2 CATALYST

The activity and the selectivity to light alkenes of silicalite-2 (Si-2) zeolite supported F'e catalyst tor CO hydrogenation can he improved obviously with the addition of K2O and MnO promoters. The results of CO hydrogenation, CO-TPD, CO/H2-TPSR, C2H4/H2-TPSR and C2H4/H2 pulse reaction over K-Fe-MnO/Si-2 catalysts clearly show that the K2O additive into Fe-MnO/Si-2 catalyst leads to a remarkable increase in both the capacity and strength of the strong CO ad-species that will produce much more |Cad| via their disproportionation at higher temperatures. This results in an increase in the CO conversion and the selectivity to light olefins, and a decrease in CH4 formation. Moreover, K2O can suppress the disproportionate of C2H4 that occurs during the reaction as a side-reaction Meanwhile, the MnO promoter mainly prohibits the hydrogenation of C2H4 and C3H6, which is favorable to enhancing the selectivity to C2H4 and C3H6 and decreasing the formation of C2H6, and C3H8. It is also of interest that MnO has har     

SYNTHESIS OF DBN AND ITS CATALYTIC PERFORMANCE FOR METHANOL CARBONYLATION TO METHYL FORMATE

1 , 5-diazabicyclo['1, 3, 0]non-5-ene(DBN) has been synthesized in our laboratory, and its catalytic activity and selectivity for methanol carbonylation to methyl formate (MF) have been studied. The experimental results have demonstrated that the synthetic processes of DBN used for the present work are reasonable and feasible. The total yield of three steps of DBN synthsis is approximate to 80%. The activity evaluation has shown that DBN can effectively catalyze the carbonylation reaction of methanol in the presence of propylene oxide (PO) promoter. PO-promoted DBN is a novel catalytic system superior to sodium methoxide.     

Identification of differential gene expression by high throughput analysis

High throughput analysis of differential gene expression is a powerful tool that can be applied to many areas in molecular cell biology, including differentiation, development, physiology, and pharmacology. In recent years, a variety of techniques have been developed to analyze differential gene expression, including comparative expressed sequence tag sequencing, differential display, representational difference analysis, cDNA or oligonucleotide arrays, and serial analysis of gene expression. This review explains the technologies, their scopes, impact on science, as well as their costs and possible limitations. The application of differential display is presented as a tool to identify genes induced by darkness or yellowing process in rice leaves.     

Copper-catalyzed hydrostannation of activated alkynes

[reactions: see text] [(Ph3P)CuH]6 effectively catalyzes the hydrostannation of activated alkynes with exclusive regioselectivity for alpha-stannation. Syn hydrostannation is observed exclusively for alkynoates. Anti or syn hydrostannation adducts are obtained as products for alkynone substrates.     

Chemoenzymatic synthesis of highly enantiomerically enriched secondary alcohols with a thiazolic core

Stereoselective preparative enzymatic acylation and hydrolysis/methanolysis of various C-substituted rac-thiazol-2-yl-methanols were achieved for the preparation of enantiopure or enantiomerically enriched, naturally occurring 2-hydroxymethylthiazoles. The absolute configurations of the resulting secondary alcohols were determined by a detailed ¹H NMR study of Mosher’s derivatives.