Strong investment case brewing for emerging markets in 2021

Strong investment case brewing for emerging markets in 2021

(ATF) What's good for the global equity markets is even better for emerging markets (EMs). And as the EMs recovered smartly in the last three months of 2020, on par with both US equities and the broader developed markets (DMs), 2021 could well be the year for EMs as an …

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India seen gaining from post-Covid supply chain shift  

India seen gaining from post-Covid supply chain shift

(ATF) India’s latest set of incentives to entice businesses to ramp up manufacturing in the country have already seen global businesses shift their global supply chains from China, recent surveys have revealed. The UBS Evidence Lab's CFO survey report released on Tuesday showed that an exodus of sorts to move …

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Biden slams China's move to put sanctions on ex-Trump officials

Biden slams China's move to put sanctions on ex-Trump officials

(ATF) The new US administration called China's move to sanction 28 former Trump administration officials just as Joe Biden was sworn in “unproductive and cynical”. Beijing’s Foreign ministry announced on January 20 it had imposed sanctions against the “lying and cheating" outgoing Secretary of State, Mike Pompeo, and other former …

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Underrated Sub-Saharan Africa scores over Eurozone in handling Covid

Underrated Sub-Saharan Africa scores over Eurozone in handling Covid

(ATF) Sub-Saharan African (SSA) sovereigns deserve better credit ratings given that the region’s economies have fared better during the pandemic than the Eurozone, with several avoiding a contraction in GDP in 2020. That’s the opinion of a senior economist who questions why the outlook on the nations’ debt remains negative …

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China's 'grey-rhino' property market sparks fears over economic crisis

Chinas “grey-rhino” property market could trigger subprime-like crisis

(ATF) Faced with a red-hot real estate market that has become a challenge to maintaining financial stability, authorities in China have resorted to issuing official warnings to cool things down. Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), warned that the country's property market is the …

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Shadow digital lending apps driving millions to despair

Shadow digital lending apps driving millions to despair

(ATF) Cyber security researcher Anurag Sen was rudely jolted in August when he found his contact details among the 389 million phonebook records of the China-based online lending app Moneed’s unprotected database, which had been leaked a few days earlier. Sen was alarmed not only because the security breach had …

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Samsung shares slump as Lee heads back to jail

Samsung shares slump as boss heads back to jail

(ATF) Shares of Samsung Electronics and its subsidiaries fell at least 4% on Monday (Jan 18) after a South Korean court sent its vice-chairman Jay Y Lee back to prison for bribery, embezzlement and concealment of criminal proceeds. The verdict is expected to have a big impact on his leadership …

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