Wednesday, 04 July 2007

India, Indonesia, Malaysia, Sri Lanka, Taiwan: Asian Local Bond Preview

(Bloomberg) -- The following events and economic
reports may influence Asian local-currency bonds today. Yields
are from the previous session.

China: The nation should ``strictly control'' an asset
bubble in the stock market to ease short-term speculation, an
affiliate of the nation's top planning agency said yesterday.
The absence of a capital gains tax on equity investments has
made short-term trading more attractive than holding stocks over
a longer period and made it the main model for most Chinese
investors, the State Information Center said.


Read more at Bloomberg Bonds News

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