Asian economies holding up: Merrill Lynch

Agencies
Posted: Wednesday, May 14, 2008 at 1522 hrs IST
Updated: Wednesday, May 14, 2008 at 1649 hrs IST

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Singapore, May 14:: than there were five years ago," said Mark Matthews, chief Asia equities strategist at Merrill Lynch.

"So even if their costs are going up and they are complaining about the gasoline (and) their food, the fact is that they are living in nicer places, they are going on longer holidays and they are spending more."...

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