Emerging markets

Soaring profits in emerging markets build the case for a raging bull market

Foreign investors have purchased about US$342 million of Thai bonds so far this quarter, reversing part of the roughly US$1 billion of net outflows recorded in March.

Thai long bonds draw funds with steepest curve in emerging Asia

Recent strains in private equity and private credit are a reminder that vulnerabilities built during years of ultra-low interest rates are now surfacing.
THE BOTTOM LINE

The next financial crisis could start with advanced economies’ sovereign debt

Manufacturing data showed that Asia’s factory activity expanded steadily in May, helped by some stockpiling, as companies attempted to get ahead of supply shocks stemming from the US-Iran war.

Emerging market stocks hit record as investors assess factory data, Mid-East peace prospects

The energy shock from the Strait of Hormuz's closure has not led to a collapse of Pakistan's public finances. There is no currency crisis, either.
THE BOTTOM LINE

Pakistan is defying some long-held investing myths

In a crowd of investing advisers, Mark Mobius (seen here in 2017) was distinctive in part for his impeccably shaved head, which inspired the nickname Bald Eagle.
OBITUARY

Mark Mobius, emerging markets investing pioneer, dies at 89

IMF managing director Kristalina Georgieva speaking ahead of the IMF/World Bank's spring meetings, says "there will be no neat and clean return to the status quo".

IMF warns of stagflationary shock ahead

The IMF estimated that external portfolio debt liabilities averaged about 15% of gross domestic product in emerging markets.

Hot money increasingly dominates emerging markets financing, raising risks: IMF

An Israeli artillery unit firing towards Lebanon on Mar 17. Emerging and Asia-focused markets have fallen some 5% to 9% since the crisis erupted on Feb 28.
RETHINKING MATTERS

The Iran war: Will it stay? Or will it go now?