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All major Asian markets finished the day higher in Thursday trading after speculation the Chinese government would have to enact more stimulus in order to catalyze growth in the economy. Asian markets were also buoyed by news from America that housing starts jumped to their highest levels in four years.
The Taiwanese economy has long thrived as an engine of prosperity in the region in spite of its precarious geopolitical situation. But with the macroeconomic headwinds from Europe and principle trading partner China, is it time to scale back from the tech hub?
As data over the past few weeks from a number of countries have indicated, Southeast Asian economies continue to prove their resilience in spite of the pervasive global macroeconomic headwinds generated from China and the euro zone crisis.
Thailand’s central bank opted not to change interest rates this week, in spite of prodding from the government to reduce borrowing costs.
A look at the top-performing emerging markets of the year so far reveals plenty of familiar names to Emerging Money readers, but one country — the Philippines — that doesn’t get much coverage.
Size isn’t everything, but there are limits to how small traders are willing to get in pursuit of market-beating performance — especially in notoriously volatile emerging markets.
Singapore has been beating emerging and developed markets alike. But as leadership in the high-tech Asian enclave shifts, the best way to play it will come down to which banks will outperform the rest.
Under-the-radar Southeast Asian economy Malaysia (EWM, quote) is set to return to 5%+ growth in 2013, after slowing to a projected 4.6% this year, according to the World Bank.
Between China and the euro zone, the big money has been moving out of emerging markets for two weeks now — the longest period of net redemptions from this asset class since December.
