Emerging Market Countries
India to outperform Asian, EM peers; high valuation a challenge: Chris Wood
Will remain slightly Overweight India in the Asia Pacific ex-Japan relative-return portfolio, says Christopher Wood, global head of equity strategy at Jefferies in his GREED & Fear note to investors.
 "India to outperform Asian, EM peers; high valuation a challenge: Chris Wood")
India rules out tax policy changes for inclusion of bonds in global indices
The government doesn't plan to waive capital gains taxes, and it's concerned that foreign inflows will increase the volatility of local markets
 "India rules out tax policy changes for inclusion of bonds in global indices")
Govt bonds' inclusion into JPMorgan index pushed to next year: Report
Indian government bonds will likely only be included in the JPMorgan emerging market global index early next year as New Delhi still needs to address various operational issues
 "Govt bonds' inclusion into JPMorgan index pushed to next year: Report")
Recession angst spurs pivot to emerging world's growth engines
Central Asia and Asia Pacific are the only two regions in emerging markets handing local-currency bond investors positive returns this month, according to a Bloomberg index
 "Recession angst spurs pivot to emerging world's growth engines")
China's stringent Covid curbs threatens to derail world's emerging markets
Fresh Covid outbreaks are spooking global investors who fear shutdowns in China will echo across the world by lowering demand and disrupting supply chains
 "China's stringent Covid curbs threatens to derail world's emerging markets")
Investors dump emerging market funds on slowdown worries
According to Refinitiv Lipper, a cumulative $8.1 billion has flowed out of EM equity funds and $5.73 billion from bond funds in the past four weeks
 "Investors dump emerging market funds on slowdown worries")
India, China power Unilever to report fastest growth in 9 years in 2021
Priority markets of China, India, and the US grew at 14.3 per cent, 13.4 per cent, and 3.7 per cent respectively, said Unilever CEO Alan Jope
 "India, China power Unilever to report fastest growth in 9 years in 2021")
Emerging markets stare at higher interest rate as bond yields spike in US
The US bond market has given up all gains it made from the ultra-low interest rate policy initiated by the Fed after the Covid-19 pandemic break-out in early March 2020
 "Emerging markets stare at higher interest rate as bond yields spike in US")
As global funds shun India, rupee turns into worst currency in Asia
The currency declined 2.2% this quarter as global funds pulled $4 billion of capital out of the country's stock market, the most among regional markets where data is available.
 "As global funds shun India, rupee turns into worst currency in Asia")
Foreign investors in retreat mode across most emerging markets
Analysts at Morgan Stanley see EM equities 'struggling' in 2022 as they battle gradual tightening of global and local monetary conditions and several other idiosyncratic headwinds
 "Foreign investors in retreat mode across most emerging markets")
India only overweight among the top four global emerging markets
China (including Hong Kong), Taiwan, South Korea, and India have the highest average weightage in the EM space, accounting for two-third allocations
 "India only overweight among the top four global emerging markets")
S&P Global cuts India's growth forecast to 9.5% from 11%, trims EM overall
LONDON (Reuters) - S&P Global cut its growth forecasts for some of Asia's top economies including India, the Philippines and Malaysia on Monday, offsetting upgrades to China and South Africa and much of Latin America.
 "S&P Global cuts India's growth forecast to 9.5% from 11%, trims EM overall")
Clean energy investment in developing economies top global priority: IEA
Recent trends in clean energy spending point to a widening gap between advanced economies and the developing world even though emissions reductions are far more cost-effective in the latter.
 "Clean energy investment in developing economies top global priority: IEA")
FII flow into Indian equities likely to moderate in FY22: Analysts
Besides India, experts say given the robust broad-based economic recovery, FIIs/FPIs can look towards China. Other emerging markets, they say, are yet to recover from the pandemic-induced sluggishness
 "FII flow into Indian equities likely to moderate in FY22: Analysts")
India is odd one out in a favourable view of Emerging Asia: Cameron Brandt
With growth in developed markets under pressure from the rising Covid-19 caseload, investors will keep paying more attention to emerging markets, says Brandt
 "India is odd one out in a favourable view of Emerging Asia: Cameron Brandt")
K-shaped recovery in emerging markets makes rich richer amid Covid-19
The gulf may even get wider if the pandemic leads to deeper recessions in the most disadvantaged countries
 "K-shaped recovery in emerging markets makes rich richer amid Covid-19")
India among large EMs set for highest debt burden by 2021, says Moody's
Large emerging market sovereigns will have higher debt burdens for the next few years, says ratings agency.
 "India among large EMs set for highest debt burden by 2021, says Moody's")
I'm very bullish on EM equities for next few years, says Jan Dehn
'EMs will significantly outperform developed market (DM) assets. Both bonds and stocks, as well as currencies,' he says
 "I'm very bullish on EM equities for next few years, says Jan Dehn")
India-focused offshore funds see $1.2-billion outflows in February
Listed emerging market flows were negative for all countries, except Brazil and Russia.
 "India-focused offshore funds see $1.2-billion outflows in February")
Best of BS Opinion: Learning from classroom, growth stabilisation and more
Here's a collection of Business Standard Opinion pieces for the day
 "Best of BS Opinion: Learning from classroom, growth stabilisation and more")
