Emerging and Developing Asia (+8.6% in 2021; +6.0% in 2022) remain the growth locomotive of the emerging and developing world. Given the recent rise in core rate yields, tighter financial conditions pose a noteworthy risk to the recovery. EM Asia is ...

The first point to note is that so far, outside Asia-Pacific, the US Treasury yields move has been received in a fairly orderly fashion. Analysts’ forecasts continue to suggest that regional monetary authorities (with the odd exception) will ride out...

For February, Thailand’s manufacturing production and balance of payments figures continue to paint a weak picture of this economy. This brings the average January-February output fall to -1.6% YoY. The balance of payments data for February showed th...

Stocks markets have flipped around again today, with the NASDAQ and S&P500 showing big falls (-1.12% and -0.76%) - though one thing the financial newswires seem to have forgotten to point out, is that on a two-day basis, stocks are actually still up,...

A concession has built in emerging markets. However, the higher rates narrative is not over. The dominant influence on credit market performance so far in 2021 has come from the ratchet higher in core bonds yields. A broadening in global recoveries t...

With many times the daily confirmed cases of the Philippines', the UK is mulling a slow reopening plan for its economy. Singapore, for example, which has averaged less than one community case a day in recent weeks, has said that it is not about to mo...