Sectors

Daiwa Securities eyes Asian domestic growth stocks

Date: 25 Nov 2009

The global recession has passed and Asian economies will drive growth as they become less dependent on trade from the West, the brokerage says. It recommends investing in energy, commodity, infrastructure, property and consumer assets in the region to tap this trend.

Keywords (click to search): [Daiwa Securities] [Craig Irvine] [Toshiro Muto]

Aaron Pan
The global recession is over and Asia will continue to lead global growth over the next five years, according to Daiwa Securities.

The Japanese brokerage tips Asian economies to become less dependent on trade with western countries and to increase exports to each other within the region as well as to other emerging markets.

Two thirds of exports from developing Asian nations go to emerging economies, and total emerging market consumption will exceed that of the US in four to five years, according...

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