Asian News

http://www.gulf-times.com/site/topi...o=88757&version=1&template_id=48&parent_id=28
Economists surveyed by Bloomberg also predict Japan’s central bank will increase interest rates, which are at near zero, for the first time in more than five years as early as July.

“Rising rates worldwide are the biggest reason for the bearishness globally,’’ said Katsunori Hirai, who oversees about $20bn at Tokio Marine Asset Management in Tokyo.

That heightened speculation that overseas investors will reduce their holdings in equities even further. – Bloomberg
 
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