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APAC ROE nowhere near 97/98 crisis level, says Credit Suisse

Although return on equities (ROE) in Asia ex-Japan is slowing to 11.2% – below 11.5% seen in 2008/09 – Asian economies are more prepared now to prevent a 97/98 style financial crisis, notes the Swiss lender. As the Swiss lender points out in a report, “ROE was just 1.7% at the 98-99 lows”, and that “only Indian and Indonesia are running…

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