In the spotlight: Asia

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In the spotlight: Asia

Euromoney’s recent coverage of trends in Asia, including China’s broken-growth model, structural-reform failure in the region, the inside scoop on Abenomics, China’s state-owned enterprises, the Asean alternative, second-tier cities in Indonesia, and inside China’s shadow banks.

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China sows seeds for next global downturn

Euromoney September 2013

The emerging market sell-off since May is just the start of a painful multi-year adjustment process – and China has blazed a trail for the next downturn. Capital abundance, deflationary pressures and imbalanced global demand continue to drive the 15-year cycle of credit booms and busts.



Big-game hunting for China’s POEs

Euromoney September 2013

State-owned companies have, until now, set the tone in China. But as economic growth slows and state-driven capital market activity founders, banks are hunting for business from China’s privately owned, ambitious enterprises.


Bank shortcomings exposed as China founders

Euromoney September 2013

The Chinese economy is growing ever more slowly – probably slipping even faster than officially admitted, and from a base whose size is possibly exaggerated too. In the midst of this, the orthodox banking sector is doing unorthodox things on a grand scale, while being undermined and bypassed by an even more unorthodox grey financial sector.



Shinzo Abe faces up to his toughest battle

Euromoney September 2013

Prime minister Shinzo Abe’s radical policies have lifted Japan from its slumber. His supporters say he’s slain the deflation dragon. But what tools can he find to win the next fight – a looming fiscal crisis?



Brains behind Abenomics urges PM to show his brawn

Euromoney September 2013

Japanese newspapers often refer to Koichi Hamada as “the brains behind Abenomics”. During a recent visit to Tokyo, the 77-year-old special adviser to Abe spoke frankly to Euromoney not only about Abenomics, but also the character and nationalism of Japan’s prime minister.






Second-tier cities rise up in Indonesia

Euromoney September 2013

Following in the footsteps of India and China, Indonesia’s second-tier cities are becoming attractive investment destinations. What is holding them back from realizing their full potential?



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Hong Kong: ParknShop sale worries Li Ka-shing watchers

Euromoney September 2013

Billionaire looks beyond Hong Kong; Legacy planning underway


 

Singapore calls on Fed to expand mandate as global ‘central bank’ debate rages

Euromoney September 2013

The emerging world is doomed to capital-flow instability unless the Fed takes into account financial volatility in high-growth regions in its monetary policy, Tharman Shanmugaratnam, finance minister of Singapore, tells Euromoney. He also calls on the IMF to provide greater guidance on capital controls and for Asian policymakers to introduce market reforms, as the summer sell-off rekindles the debate about how to stabilize emerging financial systems.

China: Government bond futures return after 18 years

Euromoney September 2013

Risk-control measures in place; further step in economic liberalization.

Foreign direct investment: Indonesia set to change course on FDI

Euromoney September 2013

Loss for DBS and Danamon; Politics underlines acquisition failure

India continues battle on rupee volatility

Euromoney September 2013

Oil and gold imports problematic for reserves; The worst-performing EM currency this year 

Japan: The ifs and buts of Abenomics

Euromoney September 2013

The Abenomics high might give Japan’s markets a hangover if structural reforms are not implemented.

Bank hiring practices: US regulators turn spotlight on Hong Kong

Euromoney September 2013

Banks everywhere hire well-connected employees as standard practice. Why should Hong Kong so grate with US regulators? 

Emerging markets: New frontier hands Brics a blow

Euromoney September 2013

Frontier markets may not lend themselves to an easy acronym. But they deserve plenty of attention from the world’s emerging market investors.

Foreign investors wary of China onshore risks

Euromoney September 2013


The preferred method for playing Chinese credit markets remains the dim sum bond market, say analysts, as China’s expansion of access to its onshore market is met with a cool reception by foreign investors.

Emerging market FX growth underperforms broader market

Euromoney September 2013


Emerging market (EM) currencies are expected to continue to expand their share of the $5.3 trillion-a-day global forex market despite the turmoil, with China’s RMB leading the charge.

 

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