Emerging market debt wall looks scalable as investors warm to risk
By Libby George LONDON (Reuters) – After a grim couple of years for developing countries, with rapid interest rate rises prompting a string of defaults, investors say the coming wall of debt…
Justice Department’s Procurement Collusion Strike Force Holds Its First Summit to Discuss Strategies to Combat Emerging Threats
Yesterday, the Justice Department’s Antitrust Division and the Procurement Collusion Strike Force (PCSF) hosted its first summit to convene its law enforcement partners from across the country to discuss emerging threats and…
Global X launches options ETF for volatile emerging markets
By Bansari Mayur Kamdar (Reuters) – An exchange-traded fund (ETF) that started trading on Thursday allows investors to leverage the higher volatility in emerging market equities by selling options. The recently launched…
Emerging market currencies to claw back ground in 2024 as dollar fades: Reuters poll
By Devayani Sathyan and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) – Emerging market currencies will take well into next year to start making noticeable gains against a retreating U.S. dollar, despite a growing view…
G10 central banks hit rate plateau in October, emerging markets diverge
By Karin Strohecker and Sumanta Sen LONDON (Reuters) – Central banks across major developed economies in September delivered no rate hikes for the first time since January 2022 while emerging markets extended…
BofA: Investors sell stocks, buy bonds; shun emerging markets
LONDON (Reuters) -Investors sold stocks and bought bonds in the week to Wednesday, Bank of America Global Research said in a note on Friday, while investors continued to shun emerging market assets.…
Marketmind: Fed pivot reality check for emerging markets?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Unexpectedly high U.S. producer price inflation figures on Wednesday could cool this…
Emerging economies face $220 billion in budget cuts amid debt crisis -Oxfam
LONDON (Reuters) – Some of the world’s poorest countries face budget cuts topping $220 billion over the coming five years due to a debt crisis that has pushed dozens to the brink…
China state asset manager plans $14 billion emerging industry fund -report
SHANGHAI (Reuters) – China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in emerging industries,…
Japan’s new economy minister sees positive signs emerging for end of deflation
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s new Economy Minister Yoshitaka Shindo said on Thursday that positive signs were emerging in output gaps and other areas for the economy to escape deflation.…
Chinese stocks lead foreign exodus from emerging markets in August -IIF
By Rodrigo Campos NEW YORK (Reuters) – Chinese stocks took a record hit as foreign investors yanked $15.5 billion out of emerging market portfolios in August, the largest monthly outflow in a…
Morgan Stanley turns “bearish” on emerging market FX again
LONDON (Reuters) – Morgan Stanley’s analysts returned to a ‘bearish’ stance on emerging market FX on Tuesday, predicting China’s economic strains would continue to push down its currency and flagged the growing…
Emerging markets beaten back in August as China chills the mood
By Rodrigo Campos and Marc Jones NEW YORK/LONDON (Reuters) – Higher global interest rates, difficulties in China, a stronger dollar plus another coup in Africa this week have slammed the brakes on…
China snaps 2023 debt outflow streak as emerging markets shine in July -IIF
By Jorgelina do Rosario LONDON (Reuters) – Foreign investors funneled over $3 billion into Chinese debt in July in the first net monthly inflows this year for the world’s second-largest economy, data…
Analysis-Fed decoupling boosts emerging market stocks, cools currencies
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) – Investors are eyeing gains in emerging markets stocks and a cooling of their currencies amid an unprecedented global decoupling in the direction…
How El Nino threatens emerging market economies
By Jorgelina do Rosario and Libby George LONDON (Reuters) – Countries around the world are battling heatwaves and floods fuelled by El Nino, a naturally occurring climate phenomenon that has a 90%…
Analysis-Investors dumping China load up on other emerging markets
By Summer Zhen and Patturaja Murugaboopathy HONG KONG (Reuters) – Global investors are increasingly choosing to bypass China’s markets in favour of other emerging countries that are either gaining from the geopolitical…
IMF says dollar’s rise hit emerging markets harder than advanced economies
By David Lawder WASHINGTON (Reuters) – Emerging market economies bore the brunt of the strongest U.S. dollar in two decades in 2022, a rise that battered them with capital outflows, higher import…
Emerging market equity fund inflows outpace developed market rivals
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Emerging market equity funds are outpacing developed market rivals in attracting inflows for the first time in three years, underscoring a relatively more favourable…
Emerging markets carry investor hopes for H2 on lower inflation, rates
By Rodrigo Campos and Marc Jones NEW YORK/LONDON (Reuters) – From BlackRock to JPMorgan, some of the world’s top investors are upbeat on emerging markets for the second half of the year…
DANIEL MCCARTHY: An Even Crazier Form Of Socialism Is Emerging Out Of California’s State Capitol
DANIEL MCCARTHY: An Even Crazier Form Of Socialism Is Emerging Out Of California’s State Capitol Daniel McCarthy on June 14, 2023 Silicon Valley used to be California’s hotbed of innovation. Today the…
Morgan Stanley, JPMorgan turn bullish on emerging market local bonds
LONDON (Reuters) – Morgan Stanley has become the latest Wall Street bank to turn bullish on local emerging market bonds, though its strategists said they remained wary of developing economies’ currencies in…
Investors channel billions into emerging markets, but China drops again-IIF
By Libby George LONDON (Reuters) – Foreign investors piling into Asian fixed income and stocks propelled emerging market portfolio inflows to $10.4 billion in May, offsetting Chinese bonds suffering a third straight…
Demographics are a headwind for emerging markets – BlackRock
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – A decline in labour growth and expected fall in the working age population will be a drag on emerging economies already suffering…
Moody’s: Emerging market credit to be tight amid U.S.-led risks
LONDON (Reuters) – Emerging economies will continue to suffer from the spillover of economic problems in the U.S., which are restricting their market access and pushing up financing costs, a Moody’s report…
Apple to open first online shop in Vietnam in a push to emerging market
(Reuters) – Apple said on Friday it would open its first online store in Vietnam next week, as the iPhone vendor doubles down on emerging markets to drive growth amid slowing sales…
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