emerging-markets
Top StoriesDeveloping Countries Need $1 Trillion a Year in Climate Finance -Report
Top StoriesCentral Banks Ease Off on Rate Hike Push in October
InvestingExclusive-Bowing to Investor Demand, Funds Ramp up Ex- China Emerging Market Strategies
BusinessBBVA’s Higher Provisions and Costs Overshadow Third-Quarter Beat
Baillie Gifford Funds Bought More Shares of China’s Pinduoduo, Nio in Q3
Date: October 28, 2022
By Summer Zhen HONG KONG (Reuters) – Baillie Gifford, one of the largest asset managers in Europe and a China bull in recent years, increased its holdings of some Chinese growth stocks in its portfolio in the third quarter despite rising policy uncertainty, exchange filings showed. The Edinburgh-based investment group added 110,737 shares of e-commerce...
StanChart Surprises With 40% Profit Jump, Ups Income Goal on Rising Rates
Date: October 26, 2022
By Anshuman Daga and Lawrence White SINGAPORE (Reuters) -Standard Chartered’s third-quarter profit surged 40% as higher interest rates boosted the emerging markets-focused bank’s income, giving it ammunition to upgrade its revenue outlook despite a weakening global economy. StanChart, which earns most of its revenue in Asia, raised its income growth forecast for this year to...
Global Coffee Market Favoring Higher Quality, Not Higher Volumes
Date: October 19, 2022
By Marcelo Teixeira NEW YORK (Reuters) – The global coffee market is going through a transformation trend that will involve higher quality and pricier coffees, but not higher overall traded volumes, as people increasingly use single doses and cut out old-style, large dripping jars. The COVID-19 pandemic boosted that movement, according to an industry expert,...
Bank of England Says Ldi Crisis Shows Non-Banks Need Stronger Rules
Date: October 19, 2022
By Huw Jones LONDON (Reuters) – A decade on from the global financial crisis, non-banks are still not being properly regulated as rocketing interest rates point to new weak points such as emerging market funds, Bank of England Deputy Governor Jon Cunliffe said on Wednesday. Liability-driven investment funds (LDI) in Britain were last week forced...
Analysis-G7 Fails to Reach Intervention Deal to Ease Pain of Soaring Dollar
Date: October 17, 2022
By Leika Kihara WASHINGTON (Reuters) – Japan and other countries facing the fallout from a soaring U.S. dollar found little comfort from last week’s meetings of global finance officials, with no sign that joint intervention along the lines of the 1985 “Plaza Accord” was on the horizon. With a strong push from Japan, finance leaders...
Western Investors Need to Remove the Bias They Didn’t Know They Had
Date: October 12, 2022
By Bryan Turner, Partner, Spear Capital The world is beset by extreme inequality. In fact, a study released in December 2021 found that global inequality is at levels not seen since the peak of Western imperialism. And, while we tend to focus on things like income inequality and unequal access to resources, there are also...