Japanese stocks hit high note
Japanese stocks outperformed the rest of the region last week as a strong US dollar spurred exporter stocks.
The Nikkei added 4.85 per cent in value, also helped by strong US growth figures.
The hope is that a strong US economy will increase demand for Japanese products made more affordable by a weaker yen.
It was a bad week for anyone invested in Philippine equities, with the Manila market falling 9.29 per cent.
A collapse in property prices, uncertainty over the soundness of banks and signs that the economy is slowing all contributed to what some analysts are already calling a crash.
In Thailand, bad news over property, banks and just about everything else continues to make the Thai market the world's worst performer.