EMerging Equity
Asia
Is China Massing Troops Along North Korea’s Border?
On Saturday, North Korea test fired a submarine based ballistic missile off the east coast of the Korean Peninsula. Though the missile only traveled 19 miles, which has led South Korean officials to deem the test a failure, the test is the most successful to date. The US military tracked a previous submarine launch on … Continue reading
The Trouble With GDP And Emerging Markets
By Diane Coyle Is Africa poor? Yes, compared to other regions of the world. But this apparently straightforward question is harder to answer than it seems. This shows why the technicalities involved in constructing GDP statistics matter a lot. Specifically, take the question of whether or not Ghana is officially a poor country. Aid organizations use … Continue reading
China’s Xi Assumes New Military Title, Aims To Reign Supreme – Analysis
By Xin Lin, RFA Chinese President Xi Jinping has awarded himself a new military title this week—commander-in-chief of the People’s Liberation Army (PLA) Joint Battle Command—sparking concerns that he is well on the way to a strongman style of leadership unseen in China since the death of supreme leader Deng Xiaoping. Chinese state media showed … Continue reading
Malaysian Scandal Still Casts Shadow Over Local Financial Markets
By Ron Corben A financial scandal involving Malaysia’s prime minister continues to cast a shadow over the country’s financial markets and politics a year after allegations of misuse of funds were raised. The spotlight fell dramatically on Malaysia’s state investment company, 1Malaysia Development Berhad (1MDB), after media reports last year raised allegations that millions of dollars … Continue reading
China And Russia Want To Dominate Gold Trade With Joint Trading Platform
The Central Banks of Russia and China are looking to dominate gold trade with the creation of a joint platform that would unite gold trading by the world’s two biggest gold buying countries. “BRICS countries are large economies with large reserves of gold and an impressive volume of production and consumption of this precious metal. In China, the gold … Continue reading
The Implosion Of The House Of Saud
By Pepe Escobar The Panama Papers psyops revealed that – ailing – King Salman of Saudi Arabia is among a roast of notorious offshore profiteers “in relation” to “associates”. The House of Saud used British Virgin Islands shell companies to take out at least $34 million in mortgages for lavish houses in London and “a luxury yacht the size … Continue reading
Q&A: China And The Panama Papers
By Yinan Wang Alexa Olesen of the International Consortium of Investigative Journalists (ICIJ) covered China affairs as Associated Press’ Beijing correspondent for eight years. Her latest piece, “Leaked Files Offer Many Clues to Offshore Dealings by Top Chinese,” is part of the first series of ICIJ’s Panama Papers. She tells VOA Mandarin service reporter Yinan Wang … Continue reading
India Wants To Create 100 ‘Smart Cities’ — How Can It Get There?
By Alice Charles, World Economic Forum The world is experiencing an unprecedented transition from predominantly rural to chiefly urban living. India is by no means an exception, with its urban population having increased from 222 million in 1990, to 410 million in 2014 and is forecast to increase to 814 million by 2050. In fact the pace … Continue reading
Emerging Markets: What Has Changed This Week?
By Marc Chandler, Marc to Market Blog Bank Indonesia will use the 7-day reverse repo rate as its new benchmark policy rate The ruling party in South Korea unexpectedly lost parliamentary elections The Monetary Authority of Singapore eased monetary policy to recession settings Turkey has nominated its next central bank chief The Brazilian special lower house committee … Continue reading
Secular Stagnation Would Be The Best Case, But It’s Not Even Realistic
By Jeffrey P. Snider, Alhambra Investment Partners The IMF released the first 2016 edition of its World Economic Outlook (WEO). Titled Too Slow For Too Long, it seems as if the institution has finally caught on to the fact that the global recovery never really was a recovery. Throughout the report you get the sense that they … Continue reading
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