Search Results for: Emerging Markets Debt
Monetary Policy Decision
March 12th, 2015
The Monetary Policy Committee of the Bank of Korea decided today to lower the Base Rate by 25 basis points, from 2.00% to 1.75%. Based on currently available information the Committee considers that, although the trend of a solid ...
$9 Trillion Question Is How Tighter Fed Will Impact the World
February 13th, 2015
When Group of 20 finance ministers this week urged the Federal Reserve to “minimize negative spillovers” from potential interest-rate increases, they omitted a key figure: $9 trillion. That’s the amount owed in dollars by non-bank borrowers outside the U.S., ...
Central Banks Move to Drive Down Currencies, Yielding Domino Effect
February 9th, 2015
The central-bank stimulus spree of 2015 has the look of a global currency war. In quick succession, countries representing about a third of the world’s economic output—from the eurozone to China, Australia and Canada—have taken steps that have driven ...
Europe’s loan portfolio market to top €100bn in 2015
January 30th, 2015
European loan portfolios with a face value of €91bn were sold in 2014, up from €64bn the previous year, says PwC in a Q4 update from its Portfolio Advisory Group. PwC say the European secondary market for loan portfolios ...
Standard Chartered CEO Is Under Pressure From Shareholders, Regulators, Staff
January 29th, 2015
Bank’s Top Shareholders Privately Push for New Leadership Amid Investor, Regulatory Anxiety Hundreds of Standard Chartered PLC’s most senior executives gathered earlier this month on Singapore’s Sentosa island to address the global bank’s dimming fortunes. From a lectern at ...
Interview with Jens Weidmann: “The risk of exaggerations increases”
January 27th, 2015
“The risk of exaggerations increases” Mr Weidmann, the ECB was originally modelled on the Bundesbank. Was this tradition laid to rest on Thursday? I wouldn’t make this out to be some kind of sea change, but I do regard this ...
S&P Downgrades Russia’s Sovereign Credit Rating to Junk
January 27th, 2015
Ratings agency S&P has cut Russia’s sovereign credit rating to junk status, bringing it below investment grade for the first time in a decade. Warning of difficult times ahead for Russia’s economy, S&P said Monday that it had cut ...
Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund
January 19th, 2015
Marko Dimitrijevic made a smart bet in December. The hedge fund manager, wagering the Swiss franc would fall, profited after voters there rejected a plan to have the central bank hold a fifth of its assets in gold. For ...
Asian Stocks Slide With U.S. Futures, Bonds Climb on SNB
January 16th, 2015
Asian shares dropped with U.S. index futures as the market turmoil sparked by Switzerland abandoning the franc’s cap extended into a second day. Sovereign bonds rallied and gold traded near a four-month high. The MSCI Asia Pacific Index fell 0.6 percent ...
Asia to test bond record again in 2015
December 30th, 2014
Asia could set another record for international bond issues in 2015 if Chinese companies continue to borrow offshore at the same voracious pace they did this year, while bankers expect a heavy redemption schedule and larger pipelines from India ...
