Region's prospects are looking better

In another gloomy year for global financial markets, the Far East ex-Japan region's stock markets have again proved to be one of the better places for investors to have had their money. Indeed, some of the smaller Asian markets such as Thailand and Indonesia have produced excellent returns in 2002, and even the weaker markets such as Singapore and Hong Kong have fallen less than developed markets. This performance has been in spite of the problems affecting some smaller markets in the wake of the collapse of the Argentine currency and economy. The main risk facing Far East ex-Japan ...