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W2.» l«=s» FINANCIALTIME .rftaftC'3 ; N r*fer *_ l?33 EUROPE’S gj-2Ssag tag. ns £^3*" J/ BUSINESS NEWSPAPER > £- ..sGk&W ....ft*. 15 fe4l 34*- rSUSi O j .y- No. 29,923 Thursday May 8 1986 D 8523 B Workf news summary.. --I Summit accord ®“t'h e*S *OllC0 »tab„ a^io, S?V CO-OPf^ £ • i •u * jl will not inhibit explosion Bank team With llUClear body crack dowa on share blamed goes to US retaliation’ BY REGINALD DALE IN TOKYO salesmen 2tito on Tamils Grenfell over Chernobyl PRESIDENT Ronald Reagan yes- however, be shared by European By Clive Wolman In London mocked A-bomb two floors of Col- MORGAN terday made clear that he did not leaders, who had thought that their central GRENFELL has recruit . on*6’s telegraph office, kill. regard the Tokyo summit agree- willingness to subscribe to new DUTCH police have mounted a seri- ed a six-member team from New BY PATRICK BLUM IN VIENNA po- people ment to combat terrorism by politi- es of searcb-and'Seijure raids on mg 31 and wounding 114. York's litical measures would head off fur- Chemical Bank to head its Sri Union is being took placeln the early hours of the use of nuclear energy. It has no pol- cal means as inhibiting new US mil- Amsterdam share-pushing compa- The lankan Government said it THE SOVIET now ther US military' adventures. new capital markets group in the which was planted by Tamil separatist *very cooperative" in consultations previous Saturday. icing functions and provides advice itary strikes to prevent or retaliate Mr Reagan denied that be was nies over the last year have US, where it operates as a subsid guerrillas. - about the Chernobyl nuclear plant Officials said yesterday it was un- and assistance only on request Al- for terrorist attacks. planning a new raid on Libya, using persuaded small investors around rary of the British merchant bank , The National accident with senior officials of the likely that Mr Blix would visit though it can recommend safety At news the world to hand over an estimated Security Ministry mg group. the a conference before leav- cruise missiles, as reported in the • Page - ( r 22 ; a International Atomic Energy Agen- Chernobyl plant since procedures choice of procedures ing S30Sm said 20 of the injured were in seri- radiation lev- toe for Washington, Mr Reagan de- US on Tuesday. “No one was more to buy shares of dubious or cy (IAEA), Dagtish, els were still too high to allow and the responsibility tor carrying scribed the seven-nation summit negligible value. ous condition and the Government WALL STREET: The Dow Jones in Mr James an such surprised to hear that I was plan- agency spokesman a visit. them out is up individual govern- which ended in Tokyo on Tuesday A police spokesman said yester- believed the most powerful Tamil dustrial average dosed down 12.65 said in Vienna There wouldn't be much to ning that than I was," be said. yesterday. day that the crack-down follows a . separatist group was responsible at 1,775.30. Page 40 point in looking at it from the air," ments. night as a ‘•triumph* The US had The President said that the sum- J for the blast in the heart of the There have been several rounds one official said. achieved all that it had set out to ac- mit had singled out Libya as a ter- long stream of complaints from peo- capi- The agency has also set out of consultations between Mr Hans The accident has encouraged in- complish in talks that were cordial, rorist because it ple who have been persuaded by cation was the one l FT indices guidelines on procedures to follow Blix (the IAEA director general) ternational moves to improve the candid and constructive, he said. telephone salesmen from these : ministry also state against which there was “irre- blamed the in the case of accidents, especially ^ ! group, fee liberation and the Soviet authorities in Mos- flow of information between states Mr Reagan hinted that his Euro- futable evidence." If similar evi- firms to buy shares, which are not Tigers of Ta- with regard to any danger of radia- •vs** mil mam for the bombing of cow about the accident,” he said. about safety, particularly in the pean allies might be contemplating dence emerged linking other coun- listed on any slock exchange, at un- an tion flowing across national bond a- An tanka aircraft at Mr Blix, accompanied by two se- event of emergencies. In a joint dec- further economic action in response tries with state-sponsored terror realistically' high values. Colombo sir* ries. But these guidelines are also 1 air Saturday nior experts, arrived in Moscow on laration on Monday the leaders of to terrorism, particularly against ism, they would be subject to the There was evidence, he said, of :"***k] .port in which 14 people advisory. Monday at the invitation of the So- the seven leading industrial nations Libya, beyond the list of diplomatic fraud and the embezzlement of died, The group has' denied the ac- -ORDINARY' same treatment SHARE viet government. Deglish called for an international conven- Some officials suggest that if the and political matters agreed in To- funds belonging to the investors. cusation. Page 18 Mr could The seven summit nations were not say bow much longer be would tion committing its parties to report agency is to be given more of a su- kyo. Many of the investors come from determined to isolate terrorist be spending in the Soviet capital. and exchange information in the pervisory role, this would have to He confirmed that the US had set the UK or West Germany, although states, make them pariahs on the Violence mars poll Agency officials have been criti- case of accidents. be established through a special a deadline of June 30 for American toe companies have also focused world scene, and even, if possible, cal of the Soviet authorities' delay Mr Dagtish said yesterday that treaty transforming the IAEA into oil companies in Libya to dispose of their selling activities on region.* as : :.^K Bangladesh held its first parlia- isolate them from their own people, in providing information about the moves to transform the IAEA into an executive body with powers to their holdings. far afield as the Gulf and Australia. mentary ejection since 1979 amid be said. Terrorism was “an attack Actuaries accident They say they learned in- an international watchdog would be inspect plants and ensure that mini- The summit nations - the US, No arrests have been made but, widespread charges of fraud, inti- on the world." ALL-SHARE formally of the accident late in the welcome if that is what the agency’s mum standards are adhered to. UK, France. West Germany. Italy. the spokesman said, these would midation and vinlpnw mainly fa- evening on Monday, member states wished. "If they Canada and Japan - had agreed Mr Reagan said that be was follow and the companies con- • April 28. A . V 'T* vouring the government-backed Amending the agency’s statues brief official notification of the acci- agree to give the agency such a role that the way to deal with terrorism pleased that the Soviet Union had cerned would be closed if sufficient party. Rage 6 alone would not be enough. dent without official details was then we would be glad to assume it. This was not individually or unilaterally, in the last few days been more evidence was gathered. LONDON: Gilts and equities moved would be a completely new depar- handed over , to toe agency (he fol- but it is up to the member govern- but to confront it together, &fr Rea- forthcoming with information about So far, the police, accompanied Punjab toll lower of selling. The ture for us”, an official rises on bouts FT lowing day by the chief Soviet rep- ments," he said. said. gan said. Nevertheless, that did not the Chernobyl nuclear accident, af- by a judge and public prosecutor, SE 100 share index dropped 26.1 to The agency was established in preclude any nation from acting on ter having at first tried to cover up have searched the premises of four Sikh extremists killed six people, resentative to the international or 1.610.1 and the FT Ordinary share 1957 to help to promote the peaceful EEC ban criticised, Page its own. the incident companies and seized documents inc luding four Hindu bus passen- ganisation in Vienna. The accident 3 index gave up 22A to 1,345.7. “We can take whatever action is for further examination. The larg- gers in Punjab and police opened The Tokyo summit had been the Page 40 necessary to curb, to stop and to est of these companies. Capital Ven- fire to disperse Hindus rioting in most successful of the six that he TOKYO: continued their run punish, if they are successful in a ture Consultants, formerly called protest at the latest wave of Stocks had attended since taking office in terrorist attempt, those who prac- Financial Planning Services, was kflliugg to peak levels. The Nikkei average 1981, Mr Reagan said.