EMerging Equity
Archive for December 11, 2014
China Sets Economic Reform Targets For 2015
By Shannon Tiezzi China concluded its Central Economic Work Conference on Thursday, putting in place a roadmap for furthering the economic reforms first called for at last year’s Third Plenum. The conference featured remarks from top leaders, including President Xi Jinping and Premier Li Keqiang and reaffirmed China’s commitment to a “new normal” of slower … Continue reading
Russia Is Running Out Of Money – Not…
By Ben Aris in Moscow There has been a spate of articles recently suggesting that Russia is on the edge of a complete economic meltdown. There was an article in the UK’s The Daily Telegraph suggesting that its economy has lost a third of its value in dollar terms and dropped from eighth largest economy to 13th … Continue reading
Going Nuclear: Russia And India Agree To Build 12 Nuclear Power Reactors By 2035
Russia and India are ramping up energy ties and will construct at least 12 new nuclear reactors by 2035. Two will be completed by 2016 at the Kudankulam Nuclear Power Plant, Russian state-owned power company Rosatom confirmed Thursday. “This morning a general framework agreement was signed on the construction and equipment delivery for the third … Continue reading
Central Bank Of Russia Tries To Destroy Russian Economy?
The Western community has been putting a lot of pressure on Russia lately. At this time of history, Russia needs to take efforts to support the real sector of economy. It is the Central Bank that should play the key role at this point. However, as economists note, it is the Central Bank that shows … Continue reading
Ruble Crunch Hits Russia’s Neighbors Hard
By Charles Recknagel As the value of Russia’s ruble tumbles amid low oil global prices and Western sanctions, it is taking the currencies of many former Soviet republics down with it. Just ask Gagik Ghazaryan, an exporter in Armenia. He used to be able to sell soft drinks and canned food profitably to Russia before … Continue reading
Nepal’s Next Big Thing: Hydropower
Several weeks ago India and Nepal signed a Power Trade Agreement (PTA) that holds promise to unlock Nepal’s vast hydropower potential for Indian consumers. Santosh Thapa of The Udaya Group blogs about factors that potential investors should consider before making an investment in Nepali hydropower. The next big thing in Nepali capital market and overall economy … Continue reading
What Has Changed in EM This Week
Indonesia’s recently elected President Jokowi is facing his first major popular challenge Turkey raised the daily dollar auction amount from $20 mln to $40 mln There are signs of some growing concern over currency weakness in Mexico Brazil central bank chief Tombini is already changing the tune from the statement of the last COPOM meeting … Continue reading
China Stock Roundup: Baidu Invests In Israel, Yingli Solar To Install Solar Farms In Thailand
By Zacks Equity Research Markets experienced an extremely volatile week with stocks making gains and taking losses on alternate trading days of the week. The Shanghai Composite Index moved above the 3,000-mark for the first time in three years on Monday. However, Chinese stocks experienced their steepest decline in nearly four years on Tuesday following a … Continue reading
Abe Must Raise Taxes To Save Abenomics
By Yukinobu Kitamura Hitotsubashi University Japan’s Prime Minister Shinzo Abe dissolved the lower house of the Diet on 21 November and called a snap general election on 14 December. At the same time, Abe announced that he would postpone the second hike of the consumption tax rate from 1 October 2015 to 1 April 2017. … Continue reading
Ukraine Will Default Without Donor Conference, PM Says
By BNE IntelliNews Ukraine will default without a donor conference, Prime Minister Arseny Yatsenyuk told parliament on December 11. “To avoid a default, we need an international donor conference,” Yatsenyuk told deputies. “For next year, in addition to this programme from the International Monetary Fund (IMF) – this is what the Financial Times writes, not what we say – we … Continue reading
