Emerging markets could be winners after Democratic candidate Joe Biden's victory in the U.S. presidential election, says Standard Chartered's Eric Robertsen.
Following projections over the weekend that Joe Biden has won the U.S. election, the dollar continued diving sharply, while Asian currencies strengthened.
Stocks in Asia-Pacific rose on Monday as Democrat Joe Biden's defeated incumbent Donald Trump in the U.S. presidential race, according to NBC projections.
Many countries, especially those in Southeast Asia, want to maintain “strong links” with the U.S., said Kishore Mahbubani, a former Singapore diplomat.
The incoming U.S. administration could see China as a partner on health care and climate change, said Eswar Prasad, now a professor at Cornell University.
The abrupt suspension of Ant Group's initial public offering in Shanghai and Hong Kong has greater impact for Asia than the U.S. election result, says CIO of Reyl Singapore.
A Biden administration could soften U.S. rhetoric against China even as it maintains the overall tough stance, said Piyush Gupta, CEO of DBS Group Holdings.
Malaysia needs greater fiscal support for its economy, but political jockeying could cause the government's upcoming spending plan to fail, analysts said.
Aberdeen Standard Investments' Kenneth Akintewe says investors in Asia should focus on the strong data emerging from the region instead of the U.S. election.
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