09.09.2013 - Where next for Asian growth?
The abrupt flight of capital from Asian markets in recent months would appear to suggest that the Eastern growth story may have run its course. Almost as soon as Ben Bernanke announced in May that the US Federal Reserve would start to consider winding back its money-easing activities, investors began withdrawing funds from Asian markets. That not only triggered sharp falls in some Asian currencies such as the Malaysian ringgit, the Indonesian rupiah and the Indian rupee, but also sparked a drop in Asian stock markets too...............................................Full Article: Source
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