01.04.2009 Opalesque Exclusive: GFIA: Weak currency pulls down Japan and Korea, recession accelerates in LatAm
From Komfie Manalo, Opalesque Asia :

The specter of global economic contraction continued to weigh down on the markets, with developed Asia, particularly Japan and Korea, faring much worse than the rest of the region, according to GFIA's March report entitled “Research Insights.”

The MSCI Asia Pacific ex Japan saw a loss of 6.2% in February-09, while the MSCI Asia Pacific lost 9.5%,

Article source: http://www.gfia.com.sg/Disclaimer.aspx - Opalesque is not responsible for the content of external internet sites
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