Stay updated with breaking news from Stuart Rumble. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
After becoming the region’s worst performer in 2020 following a 12% slump, the Straits Times Index has surged 9.3% to trounce all other major Asian benchmarks so far this year
It’s All About Valuation as Asia Stock Investors Buy the Dip Bloomberg 3/8/2021 Ishika Mookerjee (Bloomberg) -- The first back-to-back weekly loss for Asian stocks since September is just another opportunity for some global money managers to build up positions. Valuations are front and center for the likes of UBS Global Wealth Management, Fidelity International and JP Morgan Asset Management Inc., which say that investors should use the latest selloff to buy stocks that have yet to price in an economic rebound and longer-term trends such as environmental, social and govern...
Article content (Bloomberg) — The first back-to-back weekly loss for Asian stocks since September is just another opportunity for some global money managers to build up positions. Valuations are front and center for the likes of UBS Global Wealth Management, Fidelity International and JP Morgan Asset Management Inc., which say that investors should use the latest selloff to buy stocks that have yet to price in an economic rebound and longer-term trends such as environmental, social and governance themes. Southeast Asian shares, Chinese banks and beaten-down electric-vehicle makers feature a...