Korea and Taiwan are the places to be seen in

The Korean and Taiwan markets have shot up since 21 September 2001 when they hit a bottom, says John Hatherly, head of global analysis at M&G. In the first quarter, the Kospi, the Korean index, rallied 29% in dollar terms, outperforming all major Asian stock indices except Indonesia. An economic rebound in the US should also spur demand for Korean goods. On 3 April, the Kospi rose 1.5% to 918,59, its highest since 11 February 2000. Korea has performed extremely well over the past six months but is taking a breather at the moment as there has only been good domestic news, according to M...