In the past 12 months investors traded $18.2 trillion worth of ETF shares, according to data from the New York Stock Exchange and Bloomberg, a senior ETF analyst for Bloomberg, Eric Balchunas, reports. The amount is three times what is was 10 years ago and is now more than the U.S. gross domestic product (GDP), … Continue reading
Originally posted on Frontier Market Strategy:
We know Chinese firms are expanding overseas at an unprecedented rate, but what is driving them them to do so? It is well established that Chinese companies are investing abroad in ever greater numbers, but many would question the reasoning for this when China remains a booming market, enjoying…
Originally posted on Cloud News Asia:
Treading on new territory, Alibaba Group Holding Ltd. stock has been hovering in negative territory year-to-date. Reuters reports, according to experts, Alibaba’s ambitious expansion plans are paving way for an upward trend. Although Alibaba’s cloud computing service Aliyun is new, it has found a support system in the Chinese government. Alibaba…
“Online trading giant Alibaba has expressed interest in doing business in Latin America with a particular eye on Mexico, Brazil and Argentina,” the China-based e-commerce company said in Mexico City on Saturday, Xinhua reports. Chinese consumers are eager to obtain Latin American products, especially fresh produce such as Mexico’s avocado, Sherri Wu, head of Alibaba’s International … Continue reading
Emerging market (EM) corporate bonds have been dealing with a surging U.S. dollar, a collapse in global energy prices, and a likely hike in U.S. interest rates, which are underscoring growing liquidity risks, according to a new report from Fitch Ratings published on Thursday. The rapid appreciation of the U.S. dollar, potential hikes in U.S. interest rates later in 2015 and the … Continue reading
China’s long-awaited global payment system to process cross-border yuan transactions is ready and could launch as early as September, Reuters reported on Monday, citing sources with direct knowledge of the matter. The launch of the China International Payment System (CIPS) will pave the way for internationalizing the yuan and should greatly increase global usage of the Chinese currency by cutting … Continue reading
Iran – one of the world’s last untapped markets – is set to see its first exchange-traded fund (ETF) launch, ahead of the possible lifting of international sanctions that were imposed on the nation, Reuters reported earlier this week. Turquoise Partners, a Tehran-based investment firm, said that it is planning to launch Iran’s first ETF … Continue reading
The central banks of China and Switzerland are planning to establish a yuan trading center in Zurich. The deal is expected to increase the number of European transactions in yuan. The agreement will be signed during the visit of Chinese Prime Minister Li Keqiang to the World Economic Forum in Davos, Xinhua news agency reports. … Continue reading
By Tim Edwards Director, Index Investment Strategy S&P Dow Jones Indices Theories that aim to predict stock market performance range from the complicated and impenetrable to the arcane and simply ridiculous. But some are wonderfully clear: for example, December is usually a good month. In the festive spirit, and not to be taken too seriously, we’ve … Continue reading