Asia Pacific
China Coronavirus Could Weigh on Oil, Tourism, Travel Industries
The recent outbreak of coronavirus in China – which comes around the same time as the Lunar New Year, a peak travel season in the country – could have dramatic affects on a range of commodities and industries, analysts suggest. But it is too early to tell how extensive markets would be moved.
27 Jan 2020
Regulatory Shifts May Help Boost Islamic Banking in the Philippines
New guidelines released by The Bangko Sentral ng Pilipinas (BSP) could pave the way for new sukuk issuance in one of ASEAN’s fastest growing economies.
22 Jan 2020
China Showing Signs of Economic Recovery is Positive for Emerging Markets
Real GDP growth in China is starting to show signs of stabilisation, with the latest print showing output stayed steady at 6% in 4Q2019 and a raft of other indicators surprising on the upside.
22 Jan 2020
Islamic Finance to Grow at Slow Rate in 2020 – S&P Global
The Islamic finance industry is set to grow at a rate of around 5% in 2020, due to weak conditions in economic conditions in the industry’s core markets, according to S&P Global’s ‘Islamic Finance Outlook 2020’. The report also notes three drivers - the rise of FinTech, ESG sukuk, and standardisation - could fuel the industry.
15 Jan 2020
Sri Lanka: Credit Under Pressure as Fiscal Consolidation Weakens
S&P revised its outlook on Sri Lanka to negative (B) following a similar move from Fitch in December, raising concerns about expansionary fiscal measures put in place by the authorities under recently elected President Gotabaya Rajapaksa.
14 Jan 2020
China’s Economy to Grow Above 6% in 2020 – Standard Chartered
China’s economy is forecast to grow at a rate of 6.1% in 2020, according to Standard Chartered – 0.2% higher than the average market prediction of 5.9%.
9 Jan 2020
Multinationals to Shift Supply Chains out of China in 2020 – MUFG
As the global multinational corporate supply chains shift under duress of ongoing Washington-Beijing trade war, production lines will increasingly move out of China in 2020, which will a “big, necessary, but inherently difficult process,” the international bank explained in a 2020 outlook report.
8 Jan 2020
Severity of 2019 Slowdown in India 'Exceeded All Expectations"– IDFC Mutual Fund
Following a year of falling growth for India, Suyash Choudhary, Head of Fixed Income at IDFC Mutual Fund, reflects on some of the economy’s challenges.
7 Jan 2020
Indonesia: Wide Current Account, Infrastructure Spending Limiting Easing Room in 2020 – HSBC
A wide current account deficit heading into next year is likely to limit the amount of easing Indonesia’s Central Bank will be capable of delivering, according to economists at HSBC, signalling a need for further reform in the Asian country.
17 Dec 2019
Webinar: An Asian investor's outlook for Turkish and GCC credit in Q4 and beyond
We caught up with Todd Schubert, Managing Director, Head of Fixed Income Research, Bank of Singapore in advance of the Issuers & Investors Forum in Singapore to get his views on how Asian investors view Turkish and GCC credit.
10 Dec 2019