Andy Mukherjee

ANDY MUKHERJEE IS A BLOOMBERG OPINION COLUMNIST COVERING INDUSTRIAL COMPANIES AND FINANCIAL SERVICES IN ASIA.

Healthcare-focused Parkway Life Reit acquired a nursing home in Osaka Prefecture last month, an obvious bet on Japan’s rich, ageing society.
COMMENTARY

How the Fed will help Singapore Reits outshine banks

Once short-term US rates start moving lower, it will be time for landlords to step out of the shadow.

People on the rocks along the Bandstand Promenade in the suburb of Bandra in Mumbai, India, on Friday, Jan. 3, 2025. India’s new central bank governor said the economy will probably rebound next year on the back of strong consumer and business confidence, his first public comments about the growth outlook since he took office earlier this month. Photographer: Abeer Khan/Bloomberg

‘Timepass’ is India’s way of lying flat

Opportunities are shrinking, and opting out is becoming a lifestyle for young, educated people

It may soon be possible to send funds to people and have them receive it almost immediately.
THE BROAD VIEW

Your money will be gone in 60 seconds, and that’s good

A protocol to move money across borders quickly at a low fee will be the best thing to happen to instant payments...

If India's Prime Minister Narendra Modi emerges victorious in the current election, with a sizeable majority, he is likely to engage in significant investment, with the help of discretionary incentives and protective trade barriers.

Markets are embracing India’s Modi for what he won’t do

Unlike 10 years ago, the Indian PM isn’t promising major economic reforms. That suits investors just fine

Monetary authorities around the world are experimenting with paperless cash; by 2030 there may be 15 central bank digital currencies, or CBDCs, in retail circulation.

Your money may not survive a quantum heist

Not even supercomputers can crack the codes at the heart of digital cash. But that protection may fade as technology evolves.

Starting from Jul 1, the island’s Energy Market Authority has imposed temporary caps on wholesale power prices to tamp down exceptional volatility.

Singapore’s power squeeze is tighter than its housing crunch

SINGAPORE’S landlords have jacked up rents by more than half over the past two years.

The US dollar isn't going away.

Mighty dollar can fight off the digital upstarts 

The de-dollarisation project is counting on blockchain technology to end the greenback’s hegemony. The hope may be misplaced

Short-term booms and busts are inevitable, but it’s way too early to worry about vacant offices and empty stores in Hanoi or Ho Chi Minh City.

Want to bet on China+1? Try real estate

Build, and they’ll come. An 18.6 per cent post-pandemic vacancy rate means the adage is no longer true of office buildings in the...

Most stablecoins hold their fixed value by virtue of their 1:1 backing. Every US$1 token minted by Tether or Circle Internet Financial’s USD Coin can, in theory, be redeemed by liquidating US Treasury securities or similar high-quality assets.

Move over, stablecoin – a new token is coming

Bank deposits always convert to currency at face value – or that’s what people believe. So why not put these liabilities on...

Thanks to pent-up urban demand after the pandemic, Indian stocks have held up reasonably well despite the US Federal Reserve’s aggressive monetary tightening.

India and China – a 2023 tale of two markets

Compared with a year-and-a-half ago, when its economy had just begun to reopen after a devastating surge of the Delta coronavirus variant, India’s stock market is unchanged in dollar...