Joevin Teo News Today

Amundi has launched the Article 8-classified Asia Income ESG Bond fund.

A growing list of risks is turning China into a potential quagmire for global investors. The central question is what could happen in a country willing to go to great lengths to achieve its leader’s goals. Chinese President Xi Jinping’s (習近平) friendship with Russian President Vladimir Putin has made investors more distrustful of China, while a strongman narrative is gaining momentum as the Chinese Communist Party doggedly pursues a “zero COVID-19” strategy and unpredictable campaig...

 A growing list of risks is turning China into a potential quagmire for global investors. The central question is what could happen in a country willing to go to great lengths to achieve its leader’s goals. President Xi Jinping’s friendship with Russian leader Vladimir Putin has made investors more distrustful…

A growing list of risks is turning China into a potential quagmire, with the central question being what could happen when the country goes to great lengths to achieve its leader’s goals.

Worries include China’s ties to Russia, Covid shutdowns, campaigns to regulate industries

(Bloomberg) — A growing list of risks is turning China into a potential quagmire for global investors.

Hard-currency bond issuance from Malaysian companies is limited and yields are “attractive, ” according to Joevin Teo, head of Asian fixed income at Amundi Asset Management in Singapore. JAKARTA: Malaysian corporate dollar bonds are the worst performers in South-East Asia this year, but are clawing back some ground as economic growth looks set to outpace the country’s neighbours. The securities have returned about 0.9% this month, cutting their loss for the year to 3.5%. While that’s st...

* Fund managers positive on high-yield credit in China * Indonesian government bonds also popular with investors * Important to monitor default risk in China TOKYO, March 9 (Reuters) - Global investors fleeing a shakeout in U.S. and other developed market bonds are finding harbour in the higher yields and relative stability offered by Asian junk-rated debt. The rise in long-term yields in major economies to multi-year highs is reminiscent of the 2013 taper tantrum, except that India, Indonesia ...

* Fund managers positive on high-yield credit in China * Indonesian government bonds also popular with investors * Important to monitor default risk in China TOKYO, March 9 (Reuters) - Global investors fleeing a shakeout in U.S. and other developed market bonds are finding harbour in the higher yields and relative stability offered by Asian junk-rated debt. The rise in long-term yields in major economies to multi-year highs is reminiscent of the 2013 taper tantrum, except that India, Indonesia ...

India is turning from man to machines to improve the quality and speed of its economic data, which has been criticized as inadequate, delayed or even confusing due to sharp and unexpected revisions. The Ministry of Statistics is ramping up use of artificial intelligence for collecting, analyzing and reporting data to better monitor the economy. The measures include a $60 million program with World Bank help using an information portal that collates real-time data. "Because of the changing la...