STEPHEN BIRD

Latest from STEPHEN BIRD

Asia's claim to the century remains strong

Asia's corporate earnings are running some 20 per cent higher than their peak levels before the global financial crisis began; indeed, they are outperforming their US peers, which are running 12 per cent higher over the same period. Yet, Asia's stock markets are languishing 30 per cent below their pre-crisis levels, whereas the US stock market is actually up 1.5 per cent.

19 Jul 2013 - 3:42AM

Asia's corporate earnings are running some 20 per cent higher than their peak levels before the global financial crisis began; indeed, they are outperforming their US peers, which are running 12 per cent higher over the same period. Yet, Asia's stock markets are languishing 30 per cent below their pre-crisis levels, whereas the US stock market is actually up 1.5 per cent.

Asia's claim to the century remains strong