Asia prepares for impact of Iraqi war on markets

Contingency plans are being made for Asian markets to maintain normal functioning during the Iraq conflict.

Source: The Wall Street Journal

Central bankers, financial-market regulators and governments in Asia are devising contingency plans to guarantee normal operations in markets across the region despite a military conflict in Iraq. While others are bracing themselves for increased oil prices, some Asian governments, such as Japan, Malaysia and Taiwan, are already intervening in stock markets