Asia Pacific
Pakistan: The Math of Khan
In Crucial Test for Khan, Pakistan Searches for Ways to Rebalance the Economic Numbers – but Will They Add Up?
2 Nov 2018
A US-China Trade Dispute May Be Good for Latin America
Latin America may have more to gain than lose in a U.S.-China trade dispute, so long as it does not spiral into a recession-provoking trade war, writes John Price.
17 Aug 2018
CASE STUDY: Emirate of Sharjah Brings Rare RMB2bn Panda to Middle East Market
The trailblazing issuance by the state government could open doors to China’s onshore market to other Middle East issuers as part of the “Bond Connect” initiative.
2 Aug 2018
Corporate Borrowers in India: Stuck Between a Thin Bond Market and Tightening Banks
Corporate borrowing in India is set to get a lot more challenging as investors search for higher coupons and banks tighten up their lending practices following a build-up of non-performing loans, according to analysts. It is unclear whether even the country’s largest corporates are immune to the sandwiching of rising interest rates and a banking sector in flux.
19 Jul 2018
EM Bond Outlook: Better 2H 2018 Expected
It has been a tough start to the year for emerging market bonds, but things are looking up as we head into 2H 2018 – you just need to know where to look.
12 Jul 2018
Trump’s Trade War with China: Impact on EM FX and Rates
US President Donald Trump unilaterally started the trade war with China and he shows no signs of letting up. His policies on trade mark a major departure from America’s long-standing commitment to free markets. The combination of protectionist measures and fiscal profligacy is likely to further increase the challenges faced by American companies in their quest to compete internationally by…
6 Jul 2018
SkyWorld Development CFO on Issuing Malaysia’s First Musharakah Sukuk, IPO Plans, and Reform
Malaysia is currently in the midst of significant political change, and the country’s borrowers seem optimistic about the renewed urgency around fiscal reform. We speak with Andy Leong Chain Hong, CFO of SkyWorld Development Group, a leading property developer in Malaysia, about the direction of the economy following the country’s landmark elections, and discuss the company’s pioneering…
31 May 2018
Maybank Islamic Banking Chief: “Projected global sukuk demand outstrips supply”
With demand for sukuk rising steadily in recent years, Bonds & Loans speaks with Dato’ Mohamed Rafique Merican, Group Head and Islamic Banking CEO at Maybank Islamic Berhad, about the risks and opportunities in the market, green sukuk, and the growing involvement of Asian investors in MENA debt markets.
27 Apr 2018
Case Study: Indonesia Serves Up Benchmark-Setting Green Sukuk
Indonesia navigated a challenging and volatile market to place a USD3bn dual-tranche green sukuk, which will go towards supporting the country’s efforts to combat climate change.
26 Apr 2018
Pro-Western Stans: Central Asian Republics Mulling Capital Markets Push
Just a few years ago, barely any debt capital markets investors would have paid much attention to regions like Central Asia and the CIS. Yet with overwhelming demand for sovereign notes issued by the likes of Belarus and Tajikistan, regular issues from Kazakhstan and a highly anticipated debut Eurobond from Uzbekistan, the region is putting itself on the EM fixed income map.
4 Apr 2018