PH, Asian markets seen as safe havens

Posted at 08/06/12 04:48 PM
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As global investors watch Europe try to resolve its financial crisis, the Philippines and other Asian markets are alternatively buffetted by the storms or seen as safe and potentially profitable havens. ANZ Chief Economist for Asia Pacific, Paul Gruenwald said the Philippines is not entirely insulated from any fallout from the euro zone debt crisis and a slowing global economy. ANC New Now, August 6, 2012