Asia 'recovered' on 10th anniversary of financial crisis

During the crisis, South East Asian currencies fell sharply, stockmarkets slumped and economies went into recession. However, the research shows how markets have picked up since then by tracking economic indicators including GDP growth, inflation, unemployment, exports and official interest rates as well as stockmarket and currency performance. Key findings include stockmarket returns have more than recouped their losses during the crisis when they fell on average by 47% and South East Asian markets are now on average 73% above the pre-crisis levels of June 1997. South East Asian stoc...