US recession will affect Asia, Roach says

Story date: 2007-12-16 11:51:00
Added on: 2007-12-16 15:28:25

Stockhouse Canada - Former Japanese prime minister Junichiro Koizumi, right, chats with Stephen Roach, chairman of Morgan Stanley Asia ... They could cut their policy short-term interest rate by one to one-and-a-half percentage points over the next nine to 12 months.


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