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Asia Ex-Japan plagued still by US slowdown and yuan instability, says UBS

While Asia ex-Japan growth remains bogged down by weak performance from the US and Chinese economies, UBS believes that there are still opportunities in high dividend yield stocks in the region, while credits are not preferred due to FX and cyclical pressure. Philip Wyatt, economist at the UBS Wealth Management chief investment office, believes that while the sluggish US economy…

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