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Asia Daily Flash | 18 March 2013: China's new leadership team signals policy continuity; China's housing prices rise; Singapore exports disappoint

Published on Sunday, March 17, 2013

Asia Daily Flash | 18 March 2013: China's new leadership team signals policy continuity; China's housing prices rise; Singapore exports disappoint

A risk-off environment prevailed on concerns of financial instability in EU on Cyprus bank deposits tax. Asian markets plunged, led by Japan’s Nikkei (--2.7%), Hang Seng (-2.0%) and Australia (-2.0%).

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