Economic: Domestic growth leads Far Eastern markets

Strong domestic growth is continuing to lead Far Eastern markets, says Vanessa Donegan, Asian direct...

Strong domestic growth is continuing to lead Far Eastern markets, says Vanessa Donegan, Asian director at Threadneedle, though uncertainty over global growth is impacting Asia as investors withdraw liquidity to lessen risk. Foreign investors are pulling back from the region over concerns of a predicted US slowdown but Donegan believes the US slowdown has peaked. She says she is positive about the stalling of oil prices as increasing prices had previously forced Korea, Thailand and India to raise interest prices. Threadneedle takes a thematic, stock-picking approach to the region, she ...