Tuesday, March 04, 2025 | 07:38 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

China, India and South Korea see wealth erosion of $1.4 trillion in 2018

Rising bond yields, improved economic outlook and strengthening currency have acted as a tailwind for the US equities

China offers a financial industry exam in English, first test on May 4
Premium

Pavan Burugula
China, India and South Korea, which are the three biggest Asian markets, excluding Japan, have seen erosion in market capitalisation of $1.4 trillion this year, so far. On the other hand, developed markets such as the US, the UK and France have fared much better, signalling global funds could be shifting their preference away from riskier emerging markets. While the bulk of the erosion in the Asian markets is on account of China, India and South Korea too have lost significant ground, particularly in dollar terms. China has lost over a trillion dollars of its market value this year. India

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in