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FUND VIEW-China and Hong Kong best Asia bets

FUND VIEW-China and Hong Kong best Asia bets Global stock investors should be overweight China and Hong Kong in their portfolios, because the Chinese economy is likely to keep growing at or near double-digit rates, a fund manager at New Star Asset Management said on Monday. But investors should be underweight the technology-heavy markets of Taiwan and South Korea, because of the risk a slowing U.S. economy will slash the profits of low margin exporters, added Jorry Noeddekaer. Our biggest overweight right now is definitely Hong Kong and China. We more or less add these two names together, he told Reuters in an

India, China, Spore best investment bets in Asia: JP Morgan

India, China, Spore best investment bets in Asia: JP Morgan India, China, Singapore and Indonesia offer Asias best stock investment opportunities outside Japan, while South Korea, Malaysia and Thailand have the least appeal, JP Morgan Asset Management said on Wednesday. The outlook for global equities in general is positive because corporate earnings are strong, inflation is subdued and global growth remains on track, added Geoff Lewis, head of investment services at JF Asset Management, which had more than US $26 billion in assets under management at the end of the first quarter. The company is part of the fund management arm of JP

Japanese banks among best bets in Asia

Japanese banks among best bets in Asia Japan is the best bet for equity investors looking to make money in Asia this year, with the country's rebounding banks among the region's top picks, an Alliance Trust strategist said on Thursday. Anthony Muh, head of the Asia Pacific region for the London-listed trust, said while he expects China's economy to grow faster, investors can better capitalize on Japan's economic revival. "Japan is the clear favourite within the greater Asia-Pacific region. Thereafter, there are no countries that stand out, so it's very much down to individual stocks," he told Reuters after a media briefing in

Tokyo stocks decline before BoJ; elsewhere mixed

Tokyo stocks decline before BoJ; elsewhere mixed Asian shares ended mixed to lower Tuesday as investors bowed out of equities amid growing apprehension about interest rates before a two-day Bank of Japan rate meeting that starts on Thursday. The Nikkei 225 Average (JP:1804610: news, chart, profile) ended down 0.5% at 15,473.82. Industrials lost ground, while technology issues climbed back from sharp loses at the start. Analysts said the Nikkeis sharp gains in the previous session set the stage for profit taking as traders were unwilling to make big bets ahead of the central bank meeting. The broader Topix index of Tokyo-listed shares

Won Declines on Resistance MARKET ROUNDUP: CURRENCIES BUSINESS ASIA By Bloomberg

Won Declines on Resistance MARKET ROUNDUP: CURRENCIES BUSINESS ASIA By Bloomberg The South Korean won declined Thursday, ending two days of gains, on speculation that the central bank would allow it to weaken in order to keep exports competitive as the yen trades near a two- month low. A cheaper yen against the won reduces the cost of Japanese goods sold abroad, to the detriment of Korean manufacturers, who compete for buyers of electronics and automobiles. Traders raised bets that the Bank of Korea would sell its currency after Vice Finance Minister Chin Dong Soo said Wednesday that the government would