S&P: Asia at risk as world economy picks up

03/6/2013 | Business World (Philippines)

Asia faces a growing risk of hot money inflows as the U.S. and Europe extend their monetary easing, which also raises the risk of later sudden outflows that could harm regional economies, warns Standard & Poor's in an otherwise generally upbeat global assessment. For Asia, "the volatility and management of these flows is, in our opinion, a risk for many economies in the region," S&P said.

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