Emerging Markets

Outgrowing a catchy moniker, Indonesia is fragile no more

A resurgent Indonesian economy is shaking off the "fragile" label. Photo: Reuters

Emerging markets are a rich picking ground for investment bank analysts with a penchant for developing pet theories they can apply to diverse groupings of economies that start to share some similarities and on which they can slap a catchy marketing label.

Friday, 21 March, 2014, 5:24am

How the US dollar destabilises the world

Little likelihood of a shift in the Fed’s policymaking mindset.

Karl Schiller, West Germany's economics minister between 1966 and 1972, pithily pronounced that "stability is not everything, but without stability, everything is nothing".

4 Mar 2014 - 7:08am 5 comments

Emerging markets the new focus for investors' fears

Draining money

Even at the best of times, financial markets can be awfully fickle.

14 Feb 2014 - 4:28am 4 comments

Fed admits it triggered emerging markets sell-off but says some countries' policies made them vulnerable

Turkey tops the Fed's list of most vulnerable economies. Photo: EPA

The US Federal Reserve acknowledged on Tuesday it likely triggered a financial market sell-off in the developing world but said policies in countries such as Turkey, Brazil and India made them especially vulnerable to external shocks.

12 Feb 2014 - 2:14pm 2 comments

Output growth in emerging markets rises most in 7 months

Russia had its strongest output growth in a year last month. Photo: Reuters

Output growth across emerging markets picked up last month, posting the fastest rise in seven months, while business expectations also rose from September’s near-record lows, a survey showed on Thursday.

The composite HSBC Emerging Markets Index for services and manufacturing rose to 51.7 from 50.7 in September, driven by the strongest rally in Chinese goods exports for 11 months.

7 Nov 2013 - 3:06pm

Why the Fed-induced rally in Asian emerging markets is petering out

The rupiah is 14 per cent weaker than its May high. Photo: EPA

Investors’ appetite for Asian emerging markets’ stocks, bonds and currencies is spent, and for reasons that go beyond the overriding question of when and how the US Federal Reserve will reverse its loose monetary policies.

5 Nov 2013 - 3:32pm

Recovery slow in emerging markets, HSBC index shows

Manufacturing output and new orders accelerated in Turkey. Photo: Reuters

Output growth across emerging markets was subdued in September, making the average for the third quarter the lowest since early 2009, while expectations fell for the first time since June, a survey showed on Wednesday.

9 Oct 2013 - 12:40pm

Big firms to proliferate in emerging markets, study says

Companies in the China region alone will account for almost a quarter of the Fortune Global 500 in 2025, the MGI report says. Photo: Reuters

The number of large companies in emerging markets will surge in coming years, and they will become competitors but also customers for rich-country firms, a new study says.

Almost three-quarters of today’s 8,000 companies with annual revenue of US$1 billion or more are based in advanced economies.

3 Oct 2013 - 11:01am

Emerging nations stem capital flows

The Bank of Japan is to refrain from adding extra economic stimulus after a slide in share prices that may hurt a growth drive. Photo: AFP

Emerging markets from Brazil to India took steps this week to stem an outflow of capital as concern mounted that developed nations are approaching an end to an era of pumping unprecedented liquidity into their economies.

14 Jun 2013 - 3:49am

World Bank cuts growth forecasts

Growth is slipping in the biggest emerging-market economies.

The World Bank cut its global growth forecast for this year after emerging markets from China to Brazil slowed more than projected, while budget cuts and slumping investor confidence deepened Europe's contraction.

14 Jun 2013 - 3:49am

BRIC countries set for media boom

The PwC report predicts that about half of all mobile-internet users will come from BRIC countries by 2017. Photo: Reuters

Media and entertainment businesses in the biggest emerging markets will expand at more than three times the pace to be seen in developed countries in the next five years, according to a study by PricewaterhouseCoopers.

7 Jun 2013 - 3:46am

Asean economies set to double GDP by 2020 says IHS

Workers at a construction site in Hanoi, Vietnam. Vietnam is one of the frontier markets that are opening up. Photo: EPA

Rajiv Biswas, Asia-Pacific chief economist at IHS, speaking at a Hong Kong General Chamber of Commerce conference on the outlook for emerging markets in Asia, said: "Asean is experiencing strong growth across the board."

3 May 2013 - 4:22am

How they see it

The BRICS Leaders-Africa Dialogue Forum in Durban. Photo: Xinhua

Making real progress on increasing economic co-operation between the BRICS (an association of leading emerging economies Brazil, Russia, India, China and South Africa) is going to take significant political will, which may not be there.

31 Mar 2013 - 2:08am

BRICS bank will be a recipe either for moral hazard or redundance

BRICS leaders (from left): India Prime minister Manmohan Singh, President of the People's Republic of China Xi Jinping, South Africa's President Jacob Zuma, Brazil's President Dilma Rousseff and Russian Federation President Vladimir Putin. Leaders from the BRICS group of emerging powers failed to launch a much-anticipated new development bank to rival Western-dominated institutions like the World Bank. Photo: AFP

Among the overweening initiatives announced this week by the ill-assorted leaders of Brazil, Russia, India, China and South Africa was a pledge to set up a new BRICS Development Bank to finance economic growth in the emerging world.

28 Mar 2013 - 6:31am

Association bullish on loan market

Association bullish on loan market

Coming off a gloomy couple of years, the Asia-Pacific Loan Market Association has a positive outlook on the global loan market, because of the impact emerging markets are expected to have on it.

1 Feb 2013 - 5:22am