Equity markets in Korea and Taiwan have generated impressive performances amid what could be termed ...
Equity markets in Korea and Taiwan have generated impressive performances amid what could be termed a lacklustre investment environment. Korea and Taiwan generated returns of 29.7% and 17.9% respectively in sterling terms during November, according to the S&P/IFC Investable indices. Buoyed by strong domestic demand, Korea's economy beat growth expectations during the third quarter. The outlook for Korea's banking system seems positive, reflecting the impetus of rapid bank loan growth, and the recent merger between Kookmin and H&CB should provide an example of successful unions within the ...
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