Market Forces: A Wild Week in the Asia Pacific

ข่าวหุ้น-การเงิน Friday March 14, 2008 15:28 —PRESS RELEASE LOCAL

Bangkok--14 Mar--Moody's Asian stock markets remain highly sensitive to news from the U.S. and endured another roller coaster ride this week.Regional currencies climbed against the weakening greenback, with the Japanese yen breaking the ?100 psychological level. Crude oil prices hit new highs above $110; skyrocketing commodity prices have heightened concerns about rising production costs. Ms Sherman Chan is an Economist based in the Sydney office. She covers the Hong Kong, Indian, Singaporean and Vietnamese economies. Her research interests also include sovereign wealth funds and development economics. Prior to joining Moody's Economy.com, Sherman was an analyst at the Australian Prudential Regulation Authority. Sherman received her Bachelor of Commerce (Honours) in Economics from the University of New South Wales and she is currently undertaking a Ph.D. at the Social Policy Research Centre of the University of New South Wales. Please see attached the full commentary for your reference. Please reply by email with your contact information to obtain journalist complimentary access to Dismal Scientist of Moody's Economy.com www.economy.com Editor’s Note: To clarify the relationship between Moody's and Moody's Economy.com—both Moody's Investors Service and Moody's Economy.com are subsidiaries of Moody's Corporation. Moody's Economy.com is a separate legal entity to Moody's Investors Service. If sourcing this article please quote Moody's Economy.com.

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