Things are looking up

Within just a few short days, the issuing environment for Asian equity and debt has improved dramatically.

It's strange. I always thought that unemployment was a bad thing. But for cash-strapped Asian equity and debt issuers, last Friday's US unemployment figures were a real shot in the arm. The May figures showed that the jobless figure rose to 4.1% and that the number of non-government jobs fell for the first time in four years.

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