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NEW PRIZE FOR ASIAN WRITERS

The investment house that sponsors the Booker Prize has begun a new award intended to recognize Asian authors living in the region and writing in their own language, Agence France-Presse reported. The prize, an annual award of $10,000 to be known as the Man Asian Literary Prize, was announced yesterday in Hong Kong and is to be given next autumn for the first time by Man Investments. Robb Corrigan, a spokesman for the company, said, "There is a specific goal to bring Asian voices to the global stage." Peter Gordon, director of the Hong Kong Literary Festival, which took part in the announcement, said the prize would be open to writers in 24 countries in a "triangle defined by Japan, Indonesia and Afghanistan."

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