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May 5 (Reuters) - Overseas investors turned net buyers of
Asian equities in April for the first time this year, helped by
signs of economic recovery, with the region posting a strong
rebound in manufacturing activity and exports.
The inflows, however, were modest as investors maintained a
cautious stance amid risks thrown up by the coronavirus
pandemic.
Foreigners were net buyers of a combined total of $367
million in South Korean, Taiwanese, Philippine, Thai,
Vietnamese, Indonesian and Indian stocks last month, data from
stock exchanges showed. That compares with an average monthly
inflow of $3.7 billion in the second half of last year.
Record $1.8 trln of Asia bonds maturing this year to drive refinancing surge Reuters 2 hrs ago
HONG KONG, April 29 (Reuters) - A record $1.8 trillion worth of bonds are set to mature in Asia this year, data shows, leading to a rush to refinance them in the coming months.
Most of the maturing bonds in Asia are from China, South Korea, Australia and India and the region dwarfs Europe and the United States in terms of the total, the data from Refinitiv showed.
The refinancing surge is set to bring a fee bonanza to banks, even though investors are viewing bonds from China with caution after some issuers defaulted, and as risk is growing in markets such as India due to a resurgence of COVID-19 cases.
Record $1 8 trln of Asia bonds maturing this year to drive refinancing surge reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.