Presenting their outlook for Asia in 2008, strategists at Calyon said that most of the bad news left in the system should come out during the next six months and that Asian credits in particular stand to benefit, thanks to the region's stronger economic fundamentals and greater credit quality.
Credit is still a dirty word, says Dilip Parameswaran, head of Asia credit research. Clearly there is still a sense of crisis and we think this will last to the end of the first half,...
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