Postcard from... Hong Kong

 However, while there is nervousness and a need for caution in the financial hubs of Singapore and Hong Kong, there is strong belief Asia will be somewhat cushioned from the blows being felt in the Northern Hemisphere. With investment bank collapses and widespread potential job losses, coupled with the risk of inflation, nervousness is understandably at its most intense among the banking sector in Singapore and Hong Kong, where a good proportion of both countries' expatriates and internationally minded professionals are employed. While the reality for the worst-case scenario is that j...