Highly leveraged play on US economic recovery By Chris Tracey, investment director The regiona...
Highly leveraged play on US economic recovery By Chris Tracey, investment director The regional index rose by some 8%, not surprisingly led by Korea and Taiwan thanks to their significant technology content as NASDAQ rallied. Exports have continued to deteriorate, with those from Korea, for example, falling by 19.3% year on year in October versus September's 17% decline. Taiwanese exports fared even worse, falling by 26.8% in September, which was their largest decline since records began in 1981. The Singaporean economy, the most export orientated of the Asian region, fell by an annua...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes