China seen as firewall in emerging economies’ currency crisis
CHINA is the last bulwark against a deep crisis in emerging economies going fully global, analysts say, although a prolonged trade war could sap Beijing’s defences. Emerging countries – loosely defined More...
Trade War Update: China Old Economy Debt Burdened As New Economy Faces Tariffs
Customers with Xiaomi Corp. branded shopping bags look at smartphones on display inside a Xiaomi store in Hong Kong, China, on Friday, July 6, 2018. The tussle over Xiaomi’s high valuation and concern More...
China’s New-Economy Shares Beat the Market as Lending Slows
Most stock indexes in Asia were slightly lower Monday, led by a 0.8% drop in the Shanghai Composite Index. Benchmarks in Korea and Taiwan declined 0.2% and 0.1% respectively. The Tokyo market was closed for a public More...
Education-focused REITs as capital source for schools
REITs provide long-term growth capital minus the debt burden to school owners. Photo: Mint India has over 497 million people in the education-seeking category of 5-24 years, or 37.1% of the country’s total More...
Banking: No Longer Business As Usual
Many believe we are in the midst of a fourth industrial revolution. The first industrial revolution (18th and 19th centuries) moved us from a prominence of farming to a more industrial existence and the introduction More...
Mi A2 (Mi 6X) May Launch on April 25 as Xiaomi Sends Invite
Xiaomi Mi 6X will likely be launched in the Indian market as the Mi A2 HIGHLIGHTS Xiaomi schedules launch event on April 25 Smartphone to launch at founder Lei Jun’s alma mater Mi 6X/ Mi A2 expected More...
Forex reserves at life-time high of $424 bn as foreign currency assets rise
The country’s foreign exchange reserves hit a life-time high of $424.361 billion after rising by $1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said More...
Currency Market Calm Seen at Risk as Trade War Concerns Escalate
Global currency markets have remained remarkably sanguine even as mounting U.S.-China trade tensions roiled equities. How long can that uneasy calm last is the question strategists are now grappling with. Even More...
Hong Kong central bank unmoved as currency hits 33-year low
HONG KONG (Reuters) – The Hong Kong Monetary Authority said on Thursday it had no immediate plans to issue bills to prop up the local dollar until it hit the limits of its trading band but warned that it had More...
Costly loans beckon as Rotich commits to rate cap law repeal
Treasury Cabinet Secretary Henry Rotich. FILE PHOTO | NMG The Treasury has committed to the International Monetary Fund (IMF) that it will repeal or reform the 18-month-old law capping interest rates in what could More...