The Asian Development Bank (ADB) returned to the US dollar markets this week to raise USD4.5bn in fresh 2-year notes, the lender’s largest single-tranche issuance to date.
1 Apr 2020
China's manufacturing PMI and non-manufacturing PMI moved above 50 in March, according to the official state data, an important sign of improving domestic production and consumption, despite continued pressures on the economy.
31 Mar 2020
The Reserve Bank of India (RBI) has removed restrictions preventing foreign portfolio investors from buying up government securities, a move that may not lead to huge inflows in the current environment – but a crucial step nevertheless in opening up the country’s bond markets.
31 Mar 2020
As the epicentre of the coronavirus outbreak, China was the first to suffer its devastating impact as the country went into lockdown and its economy ground to a halt. But will China be able to launch a sustained bounceback, as it did after the 2008 financial crisis? According to Logan Wright, Director and Daniel Hosen, Partner at Rhodium Group, China no longer has the option of launching a…
31 Mar 2020
Tentative signs of an impending recovery as factories reopen should not overshadow the reality that COVID-19’s impact on the Chinese economy will far exceed that of SARS or the global financial crisis, IIF warns.
27 Mar 2020
The Reserve Bank of India (RBI) on Friday unveiled a series of new measures aimed at relieving some of the pressure on India’s credit markets – which have been rattled by a series of defaults and near-misses in recent weeks.
27 Mar 2020
With the US likely to fall into a recession combined with widespread social disruption caused by the lockdown, Trump’s re-election this November appears uncertain. Far from soothing tensions between the US and China, the pandemic has heightened them.
27 Mar 2020
The World Bank has approved a USD300mn loan deal with Indonesia that will see the South Asian country fund financial sector reforms.
23 Mar 2020
Despite recent selloffs and growth concerns in India, investors should still find value in higher-quality credits, according to the head of fixed income at Mumbai-based IDFC Mutual Fund.
19 Mar 2020
Thai petrochemicals giant Indorama Ventures this week signed the country’s first cross-border sustainable ninja loan, it revealed.
18 Mar 2020