Wed, Aug 21, 2013 - Page 15 News List

Asia markets slump, capital flows out

TOKYO TRIUMPH:One regional bright spot is Japan, which has seen its economy bounce back on Japanese Prime Minister Shinzo Abe’s fiscal and monetary stimulus

Bloomberg

“Asia still has potential in the next three years or more, but in the shorter term, momentum for business is slowing down,” Tokyo-based Mizuho Asset Management Co senior fund manager Shuichi Hirukawa said. “Investors may become more cautious.”

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