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Yahoo’s Asian Lifeline -

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In a research report last Oct. 16, for example, JPMorgan Chase noted some improvements in Yahoo’s Internet search metrics and in the revamping of categories like sports and weather on its website. Over all, the report said, “the core business remains challenged and we believe the focus for most will remain on the strength in its Asian assets.”

In a similar vein, Brian Wieser, senior analyst at Pivotal Research in New York, said: “It’s sad but you can pretty much forget about Yahoo’s core. I’m afraid it has no future. The Asian holdings, though — that’s another story.”

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