Bank of Singapore chief economist Richard Jerram said while the Chinese and Japanese financial markets might respond well to short-term stimulus, there is too little focus on structural reform.
About 50% of Korea’s GDP is dependent on exports, which have been declining this year, according to Aidan Yao, senior emerging market economist at Axa Investment Managers. Weak external demand from the US is one reason why exports are falling. Also, Korean companies are strong competitors with their Japanese counterparts and the strengthening of the […]
While ‘momentum investors’ are pushing into the market, others are more sceptical about the immediate impact of Abenomics.