An Asian view of Brexit – a tragedy or comedy of errors?

A still image from video shows Britains Prime Minister David Cameron speaking to the House of Commons during Prime Ministers Questions, in London, Britain July 6, 2016. REUTERS/UK Parliament via REUTERS TV NO COMMERCIAL OR BOOK SALES. NO SALES. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS

TWO weeks ago, the world woke up to find that the British actually voted 51.9% for an exit from the European Union (EU).

World stock markets lost over US$3 trillion in market value, with the credit rating agencies downgrading the UK from AAA to AA, making it more costly for British companies and government to raise funds. The pound sterling depreciated sharply to its lowest level for years.

Limited time offer:
Just RM5 per month.

Monthly Plan


Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , column , Brexit , Asian , view , tragedy , comedy , errors , Cameron , UK , referendum , legal , trade , economy ,


Next In Business News

China Vanke says it has plans in place amid short-term liquidity pressure
Malaysia's palm oil stocks fall to 10-month low as exports surge
Oil prices fall after Iran attack as market draws down risk premium
Hong Kong approves first bitcoin, ethereum spot ETFs
Asia stocks slip, gold firm as Middle East conflict grips markets
Aluminium, nickel jump on US and UK sanctions on Russian metals
Kitacon secures RM134.8mil building contract from Tropicana Alam
Bursa Malaysia sees broad selling as geopolitical tensions escalate
Escalating geopolitical tensions, high oil prices seen as risk to Apac economies
Oil prices fall after Iran attack as market draws down risk premium

Others Also Read