ASIA'S financial markets are showing signs of froth as investment pours into nations that have so far contained the Covid-19 coronavirus better than their Western counterparts.
South Korea’s Kospi stock index is among the best performing major equity markets worldwide in 2021, China’s share benchmark is near a record and Japan’s Nikkei 225 index has scaled a new peak in dollar terms. An Asian currency gauge is on one of its longest winning streaks in more than two decades.
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