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Reported by Star-Bulletin staff & wire
Thursday, December 28, 2000
The 34th-annual Hawaii International Conference on System Sciences will be held from Jan. 3-6 at the Outrigger Wailea Resort on Maui, with more than 650 people expected to hear about emerging technologies. Speakers at the event include Masao Kato, chairman of the Fuji-Xerox Palo Alto Laboratory; Loftil Zadeh, director of the Berkeley Institute of Soft Computing; and William Clancey of the West Florida and NASA/AMES Research Center. The event's sponsor is the College of Business Administration of the University of Hawaii. For more information, call 956-3251 or visit http://www.hicss.hawaii.edu on the Web. Meeting to focus on new technologies
Japan gives grant to state agency
The government of Japan has given the Pacific International Center for High Technology Research a $502,000 grant to support the state agency's renewable energy programs.The awarding of the grant is an annual event that started in 1985 with an agreement between then-President Reagan and Prime Minister Yasuhiro Nakasone. The Pacific International Center said it has since received a total of $11.8 million from Japan. Past grants have helped such projects as the creation of a solar-home system for a village in Fiji. The nonprofit center, located in the state's high-tech business complex in Manoa, was established by the state Legislature in 1983.
U.S. mortgage rates at 19-month lows
WASHINGTON -- Mortgage rates declined this week with rates for 30-year and 15-year mortgages remaining at their lowest levels in 19 months. The average interest rate on 30-year fixed-rate mortgages dipped to 7.13 percent, down from 7.17 percent last week, according to a survey released today by Freddie Mac, the mortgage company.
Fifteen-year mortgages declined to 6.79 percent last week, down from 6.84 percent last week.
On one-year adjustable-rate mortgages, lenders were asking an average initial rate of 6.93 percent, down from 7.02 percent.