The Asian Development Bank (ADB) has launched a new annual publication, Asia Capital Markets Monitor, which assesses the status and challenges for the region’s markets. The ACMM covers eleven economies of emerging Asia: the People’s Republic of China; Hong Kong, China; India; Indonesia; the Republic of Korea; Malaysia; the Philippines; Singapore; Taipei, China; Thailand, and Vietnam. The inaugural issue features a special section titled “Bringing Life to Asian Money Markets.”
The report points out that Emerging Asia’s capital markets are beginning to show signs of stabilizing and that the region’s relatively resilient economies should help them recover as the global crisis ebbs and investor appetite returns. Nevertheless, the road to recovery for the region’s equity, bond and currency markets will be long and hard given persistent uncertainty about the length and severity of the current economic downturn.
To learn more about Asian Markets we recommend giving it a perusal.