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"Dealmakers Are Dialing Again" (European Business, Apr. 25, 2005)

Posted on May 08, 2005

In "Dealmakers are dialing again" (European Business, Apr. 25), we erred in saying that Turkcell has holdings in Iraq. The company's investment is in Iran, but the business is currently on hold pending resolution of terms with the Iranian government. The story "Plays for investors with steely nerves" (Global Finance Special Report, Apr. 18) incorrectly implied that the Ukrainian currency has appreciated against the dollar. It should have said that the currency is expected to appreciate -- if the government in Ukraine removes a "peg" that currently keeps its value stable against the dollar. "The glass ceiling stays put" (Asian Business, May 2) understated the size of Sanyo's board. The board has 12 members including three independent directors.

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