SPIRE SIGN IN Register

Media Coverage

Spire's six most recent media appearances.

Post-pandemic work culture
India’s E-Commerce Logistics Industry: Uncaged and ready to grow
Extended family households in Korea: maintaining harmony
Extended family households in Korea: maintaining harmony
Emerging trends, product categories and problems for the Silver indust...
Renewable Energy- Vietnam’s up-and-coming energy source
Renewable Energy- Vietnam’s up-and-coming energy source
Gazing into the crystal ball for 2020
Gazing into the crystal ball for 2020

How will Brexit impact Asian markets?

1 – 7 July 2016
China Daily – Asia Weekly

How will Brexit impact Asian markets?

Britain still attracts substantial investment from Asia. Many Asian firms have established European Head Quarters in the country. How hard will Brexit hit Asian markets? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights in China Daily – Asia Weekly.

Brexit will impact companies from Asia with operations in the UK, since they will no longer benefit from any of the EU’s Free Trade Agreement’s (FTA) with non-EU countries. Britain will need to replace these with bilateral FTAs – and fast.

Perera noted that beyond the short-term effects on foreign exchange markets and global capital, the effect will be to depress the long-term outlook for the UK.

Having said that, Brexit may induce portfolio managers to divert funds to Asia. This could strengthen Asian asset prices and currencies.

What remains to be seen is if any city can replace London as the financial center of the EU.


For media enquiries, please contact:

Nidhi Singh
Assistant Manager, Group Corporate Communications
Spire Research and Consulting
Phone: (91) 124 646 5499
E-mail: nidhi.singh@spireresearch.com

Back to Top

Back to Home
BTBTBTBTBTBT