Post Reply
281-300 of 314
https://www.businesstimes.com.sg/companies-markets/singapore-property-dynasty-faces-climb-after-china-debacle
chartiskao ( Date: 11-Jul-2024 16:35) Posted:
|
https://sg.news.yahoo.com/finance/news/singapores-top-developer-cdl-woes-grow-over-china-investment-022559527.html
chartiskao ( Date: 11-Jul-2024 16:28) Posted:
|
https://www.businesstimes.com.sg/companies-markets/what-does-kwek-leng-pecks-resignation-mean-cdls-share-price
chartiskao ( Date: 11-Jul-2024 16:21) Posted:
|
china ,china back in 2019
Mr Kwek, 64, stepped down after more than three decades in the role. He stated in his letter of resignation that he disagreed with the board and management in relation to the group' s investment in Chinese real estate firm Sincere Property Group as well as its continuing provision of financial support to Sincere.21 Oct 2020
Mr Kwek, 64, stepped down after more than three decades in the role. He stated in his letter of resignation that he disagreed with the board and management in relation to the group' s investment in Chinese real estate firm Sincere Property Group as well as its continuing provision of financial support to Sincere.21 Oct 2020
chartiskao ( Date: 11-Jul-2024 16:20) Posted:
|
https://www.straitstimes.com/business/companies-markets/cdl-director-kwek-leng-peck-quits-after-clash-with-board-management
chartiskao ( Date: 11-Jul-2024 16:14) Posted:
|
https://www.straitstimes.com/business/companies-markets/cdl-posts-192b-second-half-loss-after-178b-writedown-of-its-sincere
chartiskao ( Date: 11-Jul-2024 16:12) Posted:
|
https://drwealth.com/5-singapore-blue-chips-that-lost-money-in-the-last-10-years/
chartiskao ( Date: 05-Jul-2024 09:09) Posted:
|
https://investors.sgx.com/company-disclosures/company-announcements?securityCode=C09& annc=S7XCXG6IYFVJDK29
chartiskao ( Date: 01-Jul-2024 04:49) Posted:
|
https://www.youtube.com/watch?v=JsRLZhL56C4
chartistkao3 ( Date: 24-Jun-2024 13:21) Posted:
|
Will the 12x rate hikes from US impact HL badly?
The Hong Leong Group has a rich and diverse history that spans over a century, marked by its evolution from a small trading company to a multinational conglomerate. Here are the key milestones:
1. Early Years: The Hong Leong Group was founded in 1963 by Kwek Hong Png and his brothers, Kwek Hong Kheng and Kwek Hong Ee. However, the roots of its activities go back to the 19th century, when the Kwek family was involved in trading commodities such as rubber.
2. Expansion into Banking: One of the significant expansions came with the acquisition of a finance company in 1968, which laid the foundation for its entry into the financial sector. This eventually led to the establishment of Hong Leong Bank.
3. Diversification and Growth: Over the decades, the Hong Leong Group diversified into various industries including property development, manufacturing, hospitality, and logistics. It expanded regionally, particularly in Southeast Asia and China.
4. Leadership and Vision: Under the leadership of Kwek Leng Beng, who took over from his father in the 1980s, the group continued to grow and innovate. Kwek Leng Beng is known for his strategic vision and for steering the group through challenging economic environments.
5. International Presence: The Hong Leong Group has established a significant international presence with operations in countries such as Singapore, Malaysia, China, Vietnam, and Hong Kong. Its businesses range from real estate and hotels to financial services and manufacturing.
6. Philanthropy and Corporate Responsibility: The group has also been active in corporate social responsibility and philanthropy, supporting various educational, healthcare, and community initiatives in the regions where it operates.
Today, the Hong Leong Group remains one of the largest conglomerates in Southeast Asia, known for its diversified portfolio, strong leadership, and commitment to long-term sustainability and growth.
The Hong Leong Group has a rich and diverse history that spans over a century, marked by its evolution from a small trading company to a multinational conglomerate. Here are the key milestones:
1. Early Years: The Hong Leong Group was founded in 1963 by Kwek Hong Png and his brothers, Kwek Hong Kheng and Kwek Hong Ee. However, the roots of its activities go back to the 19th century, when the Kwek family was involved in trading commodities such as rubber.
2. Expansion into Banking: One of the significant expansions came with the acquisition of a finance company in 1968, which laid the foundation for its entry into the financial sector. This eventually led to the establishment of Hong Leong Bank.
3. Diversification and Growth: Over the decades, the Hong Leong Group diversified into various industries including property development, manufacturing, hospitality, and logistics. It expanded regionally, particularly in Southeast Asia and China.
4. Leadership and Vision: Under the leadership of Kwek Leng Beng, who took over from his father in the 1980s, the group continued to grow and innovate. Kwek Leng Beng is known for his strategic vision and for steering the group through challenging economic environments.
5. International Presence: The Hong Leong Group has established a significant international presence with operations in countries such as Singapore, Malaysia, China, Vietnam, and Hong Kong. Its businesses range from real estate and hotels to financial services and manufacturing.
6. Philanthropy and Corporate Responsibility: The group has also been active in corporate social responsibility and philanthropy, supporting various educational, healthcare, and community initiatives in the regions where it operates.
Today, the Hong Leong Group remains one of the largest conglomerates in Southeast Asia, known for its diversified portfolio, strong leadership, and commitment to long-term sustainability and growth.
chartistkao3 ( Date: 24-Jun-2024 13:12) Posted:
|
City Development Ltd (CDL) trading significantly below its net tangible assets (NTA) of $9.7 could be influenced by several factors:
1. Market Sentiment and Perception: Investor sentiment plays a crucial role in stock pricing. If there is pessimism about the real estate sector or concerns about CDL&rsquo s specific business outlook, the stock price might trade below its book value (NTA).
2. Economic Conditions: Real estate stocks are sensitive to economic cycles. During economic downturns or uncertainties, investors may discount the value of property holdings, leading to a lower stock price relative to NTA.
3. Real Estate Market Dynamics: If there is an oversupply of properties in the market or declining property prices, it could impact the perceived value of CDL&rsquo s property portfolio, contributing to a lower stock price.
4. Profitability Concerns: If CDL&rsquo s earnings performance has been weak or if there are concerns about future profitability due to operational issues or market conditions, investors may price the stock lower despite its tangible assets.
5. Capital Structure and Debt Levels: High debt levels or concerns about leverage ratios could lead investors to discount the NTA, especially if there are worries about CDL&rsquo s ability to service its debt in adverse conditions.
6. Market Efficiency: Sometimes, market prices do not reflect the exact book value due to inefficiencies, market psychology, or short-term trading dynamics.
In summary, CDL trading below its NTA of $9.7 could be due to a combination of market sentiment, economic factors affecting the real estate sector, specific company issues, and broader market dynamics influencing investor perceptions of the company&rsquo s intrinsic value.
1. Market Sentiment and Perception: Investor sentiment plays a crucial role in stock pricing. If there is pessimism about the real estate sector or concerns about CDL&rsquo s specific business outlook, the stock price might trade below its book value (NTA).
2. Economic Conditions: Real estate stocks are sensitive to economic cycles. During economic downturns or uncertainties, investors may discount the value of property holdings, leading to a lower stock price relative to NTA.
3. Real Estate Market Dynamics: If there is an oversupply of properties in the market or declining property prices, it could impact the perceived value of CDL&rsquo s property portfolio, contributing to a lower stock price.
4. Profitability Concerns: If CDL&rsquo s earnings performance has been weak or if there are concerns about future profitability due to operational issues or market conditions, investors may price the stock lower despite its tangible assets.
5. Capital Structure and Debt Levels: High debt levels or concerns about leverage ratios could lead investors to discount the NTA, especially if there are worries about CDL&rsquo s ability to service its debt in adverse conditions.
6. Market Efficiency: Sometimes, market prices do not reflect the exact book value due to inefficiencies, market psychology, or short-term trading dynamics.
In summary, CDL trading below its NTA of $9.7 could be due to a combination of market sentiment, economic factors affecting the real estate sector, specific company issues, and broader market dynamics influencing investor perceptions of the company&rsquo s intrinsic value.
chartistkao3 ( Date: 24-Jun-2024 11:23) Posted:
|
10:37 PM EDT, 06/23/2024 (MT Newswires) -- City Developments (SGX:C09) repurchased 320,000 shares on Friday, according to a same-day filing on the Singapore Exchange.
The total consideration paid is SG$1.7 million, equivalent to a price of SG$5.30 per share.
Under the buyback mandate that began on April 24, the company is authorized to repurchase up to 89.6 million shares. So far, City Developments has repurchased a total of 3.1 million shares.
Copyright © 2024 MT Newswires, http://www.mtnewswires.com. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
chartistkao3 ( Date: 21-Jun-2024 10:31) Posted:
|
Buying a company&rsquo s stock when it&rsquo s trading significantly below its net tangible assets (NTA) can be an attractive investment opportunity for several reasons:
1. Value Investing Opportunity: If the market price is significantly lower than the company&rsquo s NTA, it suggests that the stock is undervalued. This discrepancy can occur due to market inefficiencies, temporary issues affecting the company, or broader market conditions. Value investors seek such opportunities to buy assets at a discount, expecting the market to correct the valuation over time.
2. Margin of Safety: Purchasing stock at a price below its NTA provides a margin of safety. Even if the company faces difficulties, the tangible assets provide a cushion, potentially limiting the downside risk. This is particularly appealing if the assets are liquid or easily sellable.
3. Potential for Price Correction: If the market eventually recognizes the undervaluation, the stock price may increase towards its NTA. Investors can profit from this price correction. Additionally, any positive developments in the company&rsquo s operations or industry can catalyze this correction.
4. Solid Asset Base: Companies with substantial tangible assets have a strong asset base, which can be leveraged or sold to generate cash if needed. This might include real estate, equipment, or other physical assets. This can be particularly valuable in sectors where tangible assets are critical to operations.
5. Strategic Acquisition Target: Companies trading below their NTA can become attractive acquisition targets. Potential acquirers may see an opportunity to buy valuable assets at a discount, consolidate operations, or extract value from the undervalued assets.
6. Income from Asset Sales: The company could sell some of its tangible assets to unlock value, distribute proceeds to shareholders, or reinvest in more profitable ventures. This can improve the company&rsquo s financial health and potentially increase the stock price.
However, it&rsquo s essential to conduct thorough due diligence before investing. Factors to consider include:
&bull Quality and Liquidity of Assets: Not all tangible assets are equal. Assess the quality, condition, and liquidity of the assets to determine if they can be easily sold or utilized effectively.
&bull Debt and Liabilities: A company might have significant liabilities that could offset the value of its tangible assets. Analyze the balance sheet to understand the net tangible assets after accounting for liabilities.
&bull Operational Performance: Understand why the stock is trading below NTA. Evaluate the company&rsquo s operational performance, management quality, industry conditions, and any potential risks or issues affecting its business.
&bull Future Prospects: Consider the company&rsquo s future prospects and strategic plans. If the company is likely to face ongoing challenges, the stock might remain undervalued for a prolonged period.
In summary, buying a stock trading significantly below its NTA can be a sound investment strategy, provided you thoroughly understand the company&rsquo s asset base, liabilities, operational performance, and future prospects.
1. Value Investing Opportunity: If the market price is significantly lower than the company&rsquo s NTA, it suggests that the stock is undervalued. This discrepancy can occur due to market inefficiencies, temporary issues affecting the company, or broader market conditions. Value investors seek such opportunities to buy assets at a discount, expecting the market to correct the valuation over time.
2. Margin of Safety: Purchasing stock at a price below its NTA provides a margin of safety. Even if the company faces difficulties, the tangible assets provide a cushion, potentially limiting the downside risk. This is particularly appealing if the assets are liquid or easily sellable.
3. Potential for Price Correction: If the market eventually recognizes the undervaluation, the stock price may increase towards its NTA. Investors can profit from this price correction. Additionally, any positive developments in the company&rsquo s operations or industry can catalyze this correction.
4. Solid Asset Base: Companies with substantial tangible assets have a strong asset base, which can be leveraged or sold to generate cash if needed. This might include real estate, equipment, or other physical assets. This can be particularly valuable in sectors where tangible assets are critical to operations.
5. Strategic Acquisition Target: Companies trading below their NTA can become attractive acquisition targets. Potential acquirers may see an opportunity to buy valuable assets at a discount, consolidate operations, or extract value from the undervalued assets.
6. Income from Asset Sales: The company could sell some of its tangible assets to unlock value, distribute proceeds to shareholders, or reinvest in more profitable ventures. This can improve the company&rsquo s financial health and potentially increase the stock price.
However, it&rsquo s essential to conduct thorough due diligence before investing. Factors to consider include:
&bull Quality and Liquidity of Assets: Not all tangible assets are equal. Assess the quality, condition, and liquidity of the assets to determine if they can be easily sold or utilized effectively.
&bull Debt and Liabilities: A company might have significant liabilities that could offset the value of its tangible assets. Analyze the balance sheet to understand the net tangible assets after accounting for liabilities.
&bull Operational Performance: Understand why the stock is trading below NTA. Evaluate the company&rsquo s operational performance, management quality, industry conditions, and any potential risks or issues affecting its business.
&bull Future Prospects: Consider the company&rsquo s future prospects and strategic plans. If the company is likely to face ongoing challenges, the stock might remain undervalued for a prolonged period.
In summary, buying a stock trading significantly below its NTA can be a sound investment strategy, provided you thoroughly understand the company&rsquo s asset base, liabilities, operational performance, and future prospects.
chartistkao3 ( Date: 21-Jun-2024 10:26) Posted:
|
City Developments (SGX:C09) recently executed a share buyback, repurchasing and canceling approximately 29.8 million shares at a total cost of 23.2 million SGD. This action, reported in a filing with the Singapore Exchange, indicates the completion of their authorized share buyback program. Following the buyback, the company&rsquo s stock price was recorded at S$5.86, reflecting a slight decrease of S$0.03.
chartistkao3 ( Date: 21-Jun-2024 10:16) Posted:
|
35 AM EDT, 06/12/2024 (MT Newswires) -- City Developments (SGX:C09) has an average rating of outperform and price targets ranging from SG$5.40 to SG$10.50, according to analysts polled by CapitalIQ.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
Price (SGD): S$5.35, Change: S$-0.02, Percent Change: -0.37%
Copyright © 2024 MT Newswires, http://www.mtnewswires.com. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
MrBear12 ( Date: 14-Jun-2024 10:06) Posted:
|
in a trust
chartistkao3 ( Date: 14-Jun-2024 10:01) Posted:
|
According to the latest annual report released by UOB on March 20, the late Mr. Wee?s estate holds an 18.5 percent stake in the bank.
How will they be distributed to his sons and daughters and gradchildrens
How will they be distributed to his sons and daughters and gradchildrens
chartistkao3 ( Date: 13-Jun-2024 16:41) Posted:
|
Investing in city development can be a lucrative opportunity, but it?s important to consider several factors before making a decision. Here are some key points to consider:
1. Market Trends: Analyze current market trends in real estate and urban development. Look at the growth potential, economic stability, and population trends in the city you?re considering.
2. Economic Indicators: Evaluate the city?s economic health. Consider job growth, average income levels, business investments, and infrastructure projects. Cities with robust economic activity tend to offer better investment opportunities.
3. Government Policies: Review the city?s development policies and incentives. Some cities offer tax breaks, grants, or other incentives to attract developers and investors.
4. Location: Prime locations within a city, such as downtown areas or regions with planned infrastructure projects, typically offer higher returns. Research the specific areas that are poised for growth.
5. Partnerships and Stakeholders: Collaborate with local government agencies, urban planners, and other stakeholders. Building relationships can provide valuable insights and facilitate smoother project approvals.
6. Risk Assessment: Assess the potential risks involved, such as regulatory changes, economic downturns, or environmental concerns. Develop a risk mitigation plan.
7. Long-term Vision: City development projects often take years to complete. Ensure you have a long-term vision and the financial stability to sustain the investment through various phases of development.
8. Community Impact: Consider the social and environmental impact of your development projects. Sustainable and community-focused developments are increasingly favored by both residents and investors.
1. Market Trends: Analyze current market trends in real estate and urban development. Look at the growth potential, economic stability, and population trends in the city you?re considering.
2. Economic Indicators: Evaluate the city?s economic health. Consider job growth, average income levels, business investments, and infrastructure projects. Cities with robust economic activity tend to offer better investment opportunities.
3. Government Policies: Review the city?s development policies and incentives. Some cities offer tax breaks, grants, or other incentives to attract developers and investors.
4. Location: Prime locations within a city, such as downtown areas or regions with planned infrastructure projects, typically offer higher returns. Research the specific areas that are poised for growth.
5. Partnerships and Stakeholders: Collaborate with local government agencies, urban planners, and other stakeholders. Building relationships can provide valuable insights and facilitate smoother project approvals.
6. Risk Assessment: Assess the potential risks involved, such as regulatory changes, economic downturns, or environmental concerns. Develop a risk mitigation plan.
7. Long-term Vision: City development projects often take years to complete. Ensure you have a long-term vision and the financial stability to sustain the investment through various phases of development.
8. Community Impact: Consider the social and environmental impact of your development projects. Sustainable and community-focused developments are increasingly favored by both residents and investors.
chartiskao ( Date: 13-Jun-2024 11:12) Posted:
|
War can have profound and multifaceted effects on global stock markets. These impacts can vary depending on the scale, duration, and geographic location of the conflict, as well as the involvement of major economies. Here are some key ways in which war can affect global stock markets:
1. Immediate Market Reactions
- Panic Selling: At the onset of a war, stock markets often experience panic selling due to heightened uncertainty and fear. Investors tend to move their money to safer assets such as gold, government bonds, or stable currencies.
- Volatility: The announcement or escalation of conflict typically leads to increased volatility in the markets. Indices can experience significant swings as investors react to news and try to assess the potential impact.
2. Sector-Specific Impacts
- Defense Stocks: Companies involved in defense and military supplies often see their stock prices rise due to increased government spending on defense.
- Energy Stocks: Wars, especially in regions rich in oil and gas, can cause energy prices to spike due to fears of supply disruptions. This generally benefits energy companies.
- Travel and Leisure: Airlines, hotels, and tourism-related stocks usually suffer as people tend to avoid traveling to or near conflict zones.
3. Long-Term Economic Consequences
- Recession Risks: Prolonged conflicts can lead to economic slowdowns or recessions, affecting corporate earnings and leading to broader market declines.
- Inflation: Wars can disrupt supply chains and cause shortages of essential commodities, leading to inflation. Higher inflation can result in higher interest rates, negatively impacting stock prices.
4. Geopolitical Shifts
- Alliances and Trade: Wars can alter geopolitical alliances and trade relationships, impacting multinational companies and sectors dependent on international trade.
- Sanctions: Conflicts often lead to economic sanctions against the aggressor nation, affecting global trade and investment flows.
5. Investor Sentiment
- Risk Aversion: During times of war, investors generally become more risk-averse, leading to a preference for less risky assets. This shift can cause stock prices to fall.
- Long-Term Uncertainty: Prolonged conflicts create long-term uncertainty, affecting investment decisions and potentially leading to sustained market underperformance.
Historical Examples
- World War II: The initial stages of World War II saw significant declines in global stock markets, but defense-related stocks surged. The recovery phase post-war was marked by a boom in economic growth and stock market gains.
- Gulf War (1990-1991): Stock markets experienced volatility at the onset, but once it became clear that the conflict would be relatively short, markets recovered swiftly.
- Iraq War (2003): The initial invasion led to market declines, but a swift military victory and the absence of a prolonged conflict led to market recovery.
Recent Conflicts
- Russia-Ukraine Conflict (2022-Present): The invasion led to significant market disruptions, particularly in energy markets. Global stocks experienced volatility, and sectors like defense, energy, and commodities saw notable impacts.
chartiskao ( Date: 13-Jun-2024 10:59) Posted:
|
we the older people do not have the energy and money to save your markets liao
The period from 1998 to 2004 saw significant economic challenges and fluctuations in many Asian markets, largely influenced by a series of major events and broader global economic trends. Here are some key factors that contributed to this slowdown:
1. Asian Financial Crisis (1997-1998)
The crisis began in July 1997 with the collapse of the Thai baht. It quickly spread to other Asian economies, leading to severe devaluations of currencies, stock market declines, and financial instability in countries such as Indonesia, South Korea, Malaysia, and the Philippines. The crisis was triggered by excessive borrowing, over-leveraged financial systems, and loss of investor confidence.
2. Post-Crisis Recovery (Late 1990s - Early 2000s)
The immediate aftermath of the financial crisis involved painful adjustments. Governments implemented austerity measures, structural reforms, and sought assistance from international organizations like the IMF. While these measures eventually stabilized economies, they also led to slow growth and high unemployment in the short term.
3. Dot-Com Bubble Burst (2000)
The collapse of the dot-com bubble in 2000 had a global impact, including on Asian markets. Technology stocks plummeted, leading to reduced investment and economic slowdown. This was particularly felt in economies with significant exposure to the technology sector, such as South Korea and Taiwan.
4. Global Economic Slowdown
The early 2000s saw a general slowdown in the global economy. Key trading partners of Asian economies, including the United States and Europe, experienced slower growth, which reduced demand for Asian exports. This was compounded by the September 11 attacks in 2001, which further dampened global economic activity.
5. SARS Epidemic (2002-2003)
The outbreak of Severe Acute Respiratory Syndrome (SARS) in 2002-2003 had a pronounced economic impact on several Asian countries, particularly China, Hong Kong, Singapore, and Vietnam. Travel restrictions, reduced consumer spending, and disrupted trade and business operations contributed to economic contraction in affected areas.
6. Domestic Challenges
Many Asian countries faced internal challenges during this period, including political instability, corruption, and slow implementation of reforms. These issues hindered economic recovery and growth.
7. Recovery and Growth Initiatives
Despite these challenges, by the early 2000s, several Asian economies began to show signs of recovery. Structural reforms, improved regulatory frameworks, and increased foreign direct investment helped restore investor confidence. Countries like China continued to experience rapid economic growth, helping to stabilize the region.
Summary
The period from 1998 to 2004 was marked by significant economic turbulence in Asian markets, largely due to the aftermath of the Asian Financial Crisis, the bursting of the dot-com bubble, a global economic slowdown, and health crises like SARS. However, by the mid-2000s, many Asian economies had begun to recover, setting the stage for renewed growth and development in subsequent years.
The period from 1998 to 2004 saw significant economic challenges and fluctuations in many Asian markets, largely influenced by a series of major events and broader global economic trends. Here are some key factors that contributed to this slowdown:
1. Asian Financial Crisis (1997-1998)
The crisis began in July 1997 with the collapse of the Thai baht. It quickly spread to other Asian economies, leading to severe devaluations of currencies, stock market declines, and financial instability in countries such as Indonesia, South Korea, Malaysia, and the Philippines. The crisis was triggered by excessive borrowing, over-leveraged financial systems, and loss of investor confidence.
2. Post-Crisis Recovery (Late 1990s - Early 2000s)
The immediate aftermath of the financial crisis involved painful adjustments. Governments implemented austerity measures, structural reforms, and sought assistance from international organizations like the IMF. While these measures eventually stabilized economies, they also led to slow growth and high unemployment in the short term.
3. Dot-Com Bubble Burst (2000)
The collapse of the dot-com bubble in 2000 had a global impact, including on Asian markets. Technology stocks plummeted, leading to reduced investment and economic slowdown. This was particularly felt in economies with significant exposure to the technology sector, such as South Korea and Taiwan.
4. Global Economic Slowdown
The early 2000s saw a general slowdown in the global economy. Key trading partners of Asian economies, including the United States and Europe, experienced slower growth, which reduced demand for Asian exports. This was compounded by the September 11 attacks in 2001, which further dampened global economic activity.
5. SARS Epidemic (2002-2003)
The outbreak of Severe Acute Respiratory Syndrome (SARS) in 2002-2003 had a pronounced economic impact on several Asian countries, particularly China, Hong Kong, Singapore, and Vietnam. Travel restrictions, reduced consumer spending, and disrupted trade and business operations contributed to economic contraction in affected areas.
6. Domestic Challenges
Many Asian countries faced internal challenges during this period, including political instability, corruption, and slow implementation of reforms. These issues hindered economic recovery and growth.
7. Recovery and Growth Initiatives
Despite these challenges, by the early 2000s, several Asian economies began to show signs of recovery. Structural reforms, improved regulatory frameworks, and increased foreign direct investment helped restore investor confidence. Countries like China continued to experience rapid economic growth, helping to stabilize the region.
Summary
The period from 1998 to 2004 was marked by significant economic turbulence in Asian markets, largely due to the aftermath of the Asian Financial Crisis, the bursting of the dot-com bubble, a global economic slowdown, and health crises like SARS. However, by the mid-2000s, many Asian economies had begun to recover, setting the stage for renewed growth and development in subsequent years.
chartiskao ( Date: 13-Jun-2024 10:49) Posted:
|