Page 2 - Joevin Teo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(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 still worse in 2021 than Thailand, the Philippines and a broad Asian dollar debt index, there are sign...

* 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 and others in Asia aren’t seeing the selloff in bonds and currencies they did back then. Now, with...

* 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 and others in Asia aren’t seeing the selloff in bonds and currencies they did back then. Now, with...

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 landscape, there’s a growing need for more and more data, faster data and also more refined data pro...