EMerging Equity
Capital Markets
Russia Overtakes U.S. And China In Manufacturing Competitiveness Amid Cheaper Oil, Ruble: BCG
Russia has overtaken the United States and China in terms of manufacturing competitiveness helped by a fall in oil prices and the country’s currency, according to a report by the Boston Consulting Group (BCG). The report from BCG evaluates the competitiveness of the world’s top 25 export economies, which account for nearly 90 percent of world exports … Continue reading
As China-Led AIIB Gains Traction, Premier Li Asks IMF For Yuan Inclusion In SDR Basket
Chinese Premier Li Keqiang asked the International Monetary Fund’s (IMF) Managing Director Christine Lagarde on Monday to include China’s yuan in its Special Drawing Rights (SDR) basket, China’s state-run Xinhua news agency reports. According to the report, Premier Li told Lagarde that China would “speed up the basic convertibility of yuan on the capital account and provide more facility for domestic … Continue reading
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