MoM growth was led by CV makers, tractor makers (also seasonal) and Bajaj Auto which indicated higher semiconductor chip shortage last month. EV retail sales witnessed a 14% MoM recovery, after a MoM decline since Mar 2022, with recent E2W fire inci....

We analyse data on abortion rights and incidence in emerging markets following the overturning of Roe v. Wade in the US. India and Taiwan are among the most liberal; Middle East generally most restrictive; wide variety in Africa, Asia, LatAm. The abo...

Developers’ Jun 2022 sales likely jumped by 47% mom, much stronger than their c.10% guidance at our conference in mid-Jun. SOE developers’ sales were particularly strong (60-135% growth), while private quality developers (e.g. Longfor) also outperf....

Amid the ongoing market rout and a worsening economic crisis at home, Sri Lanka’s eurobonds have continued to plummet to below 33 cents on the dollar, excluding the 22s, 25s, 26s (more on this later). We maintain our Hold recommendation for Sri Lanka...