ai-pulse Asia-Pacific Markets See Glimmer of Hope as Earnings Improve and Regulations Ease
A surge in earnings among India's small-cap firms and a potential easing of rules on Japanese life insurers' bond losses are offering a glimmer of hope for investors in the Asia-Pacific region. Smaller firms in India posted a 29% jump in December-quarter earnings, while a Japanese accounting group is seeking to relax rules on how life insurers book paper losses on government bonds.