Showing 151-160 of 2145 results.
As economies across the globe are rattled by the economic chaos caused by the coronavirus pandemic, governments and central banks have been pulling out all the stops to buoy their economies. Quantitative easing (QE) is increasingly being deployed worldwide, with total purchases set to top USD6tn this year according to Fitch Ratings.
29 Apr 2020
The Philippines raised USD2.35bn from the sale of dual-tranche bonds in a deal that generated more than USD9bn in demand.
28 Apr 2020
International investors have fled Brazil’s capital markets to the tune of USD22.2bn in March, according to data from Itau, the largest monthly outflow on record.
28 Apr 2020
Franklin Templeton India has announced the closure of six of its mutual funds in India, believing it to be the “only viable option to preserve value for unitholders and to enable an orderly and equitable exit for all investors in these unprecedented circumstances” according to a press release.
28 Apr 2020
Binladin International Holding Group is said to be moving ahead with an ambitious USD15bn debt restructuring that once complete could pave the way for its return to the forefront of the Saudi construction sector.
27 Apr 2020
The International Monetary Fund (IMF) approved a SDR227.2mn (approx. USD309mn) emergency loan for Mozambique late last week in a bid to help the country meet urgent balance of payment and fiscal needs stemming from the COVID-19 pandemic.
27 Apr 2020
Authorities in Dubai and Saudi Arabia are to begin easing lockdown measures, although most restrictions on group gatherings remain in place.
27 Apr 2020
EM came under greater pressure last week as market sentiment soured. Some countries underperformed due to their own idiosyncratic risks, such as Brazil and Mexico. Markets will get their first glimpse of the mainland Chinese economy with official PMI readings, but we doubt continued improvement there will be enough to boost sentiment significantly. Neither will dovish outcomes from BOJ, Fed,…
27 Apr 2020
The Asian Development Bank has announced a USD1.5bn financing package to support the Philippines’ response to COVID-19. The budget support will help protect the Philippines’ population and the healthcare system.
27 Apr 2020
The tendency for global capital to flee ‘risky’ Emerging Markets (EM) countries indiscriminately in favour of ‘risk free’ developed markets during outbreaks of global risk aversion is one of the great international market failures of our time. This behaviour has been ubiquitous in past crises and the 2020 Coronavirus Crisis is no exception. EM countries have experienced indiscriminate outflows,…
24 Apr 2020