Newly elected Japanese Prime Minister, Yoshihide Suga, announced major subsidies to encourage domestic firms to increase manufacturing in Japan or in ASEAN nations, in a move bound to reduce reliance on China.
Australian economy has escaped a recession for 28 years. Despite this run coming to an end, The Lucky Country is well positioned for the future. Heavily exposed to value stocks, its share market should benefit from the recent fiscal stimulus.
Asia Pacific equities have done surprisingly well since Q1. However, with again rising Covid-19 infections, the fragile economic recovery could stall. An interview with Flavia Cheong, Head of Equities Asia Pacific, Aberdeen Standard Investments.
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