By Mike Hanbury-Williams, director of Pacific Basin equities at RSA Investments The Far East has...
By Mike Hanbury-Williams, director of Pacific Basin equities at RSA Investments The Far East has been acting as a warrant on global stock markets in recent months. Japan is the notable exception, still weighed down by economic woes and the government's inability to tackle the bad debt crisis. Elsewhere, markets have reacted strongly to the first hints of economic recovery. Taiwan and Korea have led the way, both up by more than 60% from their September lows, with the hardware-dominated technology sectors at the forefront. Many stocks in Asia have now done too much. Some tech s...
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