SINGAPORE -(Dow Jones)- Singapore Second Minister for Finance and Transport Lim Hwee Hua Monday said that emerging economies need to beware of asset bubbles and warned that the current crisis in Europe creates uncertainty in the global economic recovery."While the advanced economies will remain major global players, emerging economies are well-positioned to seize the opportunities offered by the very different global landscape... We should nonetheless beware of incipient asset bubbles in these markets," Lim said at a conference. Full Story
