Aug. 10 (Bloomberg) — Matt Huang, a Singapore-based currency and rates strategist at Macquarie Group Ltd., talks about Standard & Poor’s decision to downgrade U.S. debt and its implications for foreign investment in Asia. Macquarie said Singapore and Malaysia will be the main beneficiaries of inflows into the region as global funds step up diversification into non-dollar assets after the U.S. lost its top credit rating. Huang speaks with Rishaad Salamat on Bloomberg Television’s “On the Move Asia.” (Source: Bloomberg)
