Asean Stocks Calm Investors Despite Turmoil in Other Regions (Nikkei Asia via FreeMalaysiaToday)

  • “The spillover effect of the tourist rebound could lead to a strong recovery of activities and domestic demand,” said Shiao of Invesco. The removal of Covid-related entry curbs has lifted domestic and regional consumption in sectors like food and retail, with some beating pre-pandemic levels.
  • The resilience displayed by Southeast Asian stocks contrasts sharply with North Asian peers, which are highly susceptible to trade and heavily dependent on China. READ MORE

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