SINGAPORE/TOKYO (Reuters) - Money surging into Asia has equities in India and South Korea at record highs and the region's currencies on the cusp of their best ever quarter, signalling a shift in capital flows that investors say is set to lift Asian asset prices even higher.
At US$17.5 billion, foreign buying of Asian stocks was the heaviest in a dozen years last month and the wall of cash that streamed into regional bond markets totalled US$15.2 billion.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
