It’s a tiny dot on the map, smaller than the state of Rhode Island. Singapore may be small, but over the past four decades it has proven that geographic size does not matter. This country is a giant in Emerging Asia.
"Its been a far better economic success story than it has been a financial investors one, broadly speaking," he added. "Part of that is it's an immature environment. There wasn't a stock market until the early 1990's." For the last 10 or 15 years China has been in a "very powerful trend" with ups and downs," Kaye said. "Their work their way through it."
Nuclear safety watchdogs and G20 energy ministers gathering in Paris on Tuesday and Wednesday to work on reinforcing nuclear safety around the globe in the wake of the Japanese nuclear disaster at Fukushima last March were keen to stress nuclear energy is still a viable source of alternative energy.
Another financial crisis is "inevitable," Mark Mobius, head of Templeton emerging market group, told CNBC Tuesday. But that crisis is "no big disaster. In fact it could be an opportunity to buy cheap stocks again," Mobius said. "So I don’t consider it a very bad thing to happen."