Commentary

Investors face a delicate balancing act

The yen is attractive with the Bank of Japan likely to adjust its yield-curve control in Q3. PHOTO: AFP
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SINGAPORE – In a word, resilience has been the mantra of the first half for global investors.

Indeed, economic growth has been sprightly across most major economies, even in the face of concentrated rate hikes and shocks ranging from the United States banking turmoil to debt-ceiling drama.

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