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ASEAN Speaks

A Teflon Stock Market

27 Sep 2021

Description

China Evergrande (3333 HK) has missed bond interest payments as of last week. Will this event spiral into a contagion? The Fed will officially kick off the asset purchase tapering at the next FOMC meeting in November, Suhaimi Ilias discusses the implications on ASEAN central banks. Thailand’s banking sector turned in strong performances last week on SCB’s restructuring announcement; time to pay attention to banking laggards.

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