Singapore
Leading emerging markets move rapidly up World Bank’s PPP GDP and FDI confidence rankings
The world’s leading Emerging Markets are moving rapidly up the World Bank’s latest GDP rankings in PPP (purchase power parity) terms as well as the annual foreign direct investment confidence ranking.
COMMENT: Asian central banks likely to start cutting rates soon
Central banks across emerging Asia are poised to implement interest rate cuts in the coming months, driven by declining inflation and tepid domestic demand.
Global shipping's chokepoints
With more and more shipping companies extending full or partial closures of Red Sea shipping routes due to attacks by Yemeni rebels, global trade could be seriously affected, reports Statista.
COMMENT: Falling EM inflation enters a second phase, but rate cuts will progress slowly in 2024
Inflation rates are coming down across the Emerging Markets and are now entering a second phase, Capital Economics said in a note on November 28. Central Banks are getting ready to cut interest rates but rate cuts will come slowly.
Mongolia: Love thy third neighbour
Though always mindful of navigating the influences of Russia and China, Ulaanbaatar has completed a three-month campaign to foster closer ties with various nations, including France and the US.