Asia - buoyed by China's resilience

Over the first quarter, Asian equities significantly outperformed markets in the US, UK, Europe and ...

Over the first quarter, Asian equities significantly outperformed markets in the US, UK, Europe and Japan, ending the period in positive territory in contrast to the negative returns from the world's leading markets. However, even within Asia some markets have been performing notably better than others. China, Taiwan and the Philippines performed well ahead of Singapore, Thailand and Malaysia in Q1, as activity in the latter export-dependent economies is expected to deteriorate further during 2009. Those regional markets that outperformed were characterised by a notable increase in local in...