As emphasised in the beginning, the considerations presented here are very preliminary by nature. Nevertheless, some of the aspects discussed seem worth summarising. First, financial markets worldwide show a tendency of asymmetric regional "clustering" with newly emerging places challenging the...

As emphasised in the beginning, the considerations presented here are very preliminary by nature. Nevertheless, some of the aspects discussed seem worth summarising. First, financial markets worldwide show a tendency of asymmetric regional " clustering" with newly emerging places challenging the...

Japan's markets for money, capital and foreign exchange are among the biggest worldwide. For many years, Tokyo's role as the leading financial center in Asia has been unchallenged. However, recently, other places in the region such as Singapore and Hong Kong have invested heavily to strengthen...