These 3 Asia markets have not bounced back on track since crisis 2 decades ago

(July 5): Three stock markets have never returned to the peaks they achieved in the years before the Asian financial crisis triggered a region-wide sell-off two decades ago.

Japan’s Topix Index reached a record high in dollar terms in December 1989. On Tuesday, it was trading 29% lower. Thailand’s SET and Taiwan’s TWSE make up the trio of gauges that have failed to regain past glories since the 1997 crisis.

---

Related Stories

• Cloudy with a chance of 'Japanese' meatballs
• Should we worry about Taiwan?
• Taiwan elects Lai Ching-te of DPP as new president

---