Markets

India is set to become the world’s fastest-growing major economy this year. However, as the nation of 1.2 billion grapples with how to achieve rapid and sustainable economic growth, it must also ensure that such growth is inclusive — a...

  Theresa May has come into office talking about people who are “just managing”, but find life tough. Similarly, then Labour Party leader Ed Miliband talked about the squeezed middle in the build-up to last year’s general election.   Theresa May...

Poverty in Australia has declined, welfare reliance has stabilised and long-term poverty is becoming rare - but overall economic wellbeing is no longer improving, and households’ wealth has remained static, despite rising property prices, according to Australia’s most respected longitudinal...

In November 2010, Ghana Statistical Services announced new and revised gross domestic product (GDP) estimates. As a result, the estimated size of the economy was adjusted upward by more than 60%, suggesting that in previous GDP estimates economic activities worth about US$13...

The Australian dollar recorded a key downside reversal last Friday (July 15) and had seen follow through selling this week.  It is off 1.25% over the past three sessions, which makes it the worst performing major currency behind the Japanese...

The European Court of Justice upheld the principle of making creditors bear the burden for investment in banks that sour before government funds could be used.  Italian banks are particularly sensitive to the ruling, which cannot be appealed because the...

In East Asia, rapid income growth in the second half of last century has produced unprecedented and rapid population ageing. Rising living standards and incomes tend to induce longer lifespans and fewer births per woman, leading to dramatic increases in...

On 4 November 2014, Lieutenant-Colonel Chizu Kurita of the Japan Ground Self-Defense Force became the first Japanese military officer to be attached to North Atlantic Treaty Organisation (NATO) headquarters in Brussels. As advisor to the NATO Special Representative for Women,...

South Korea’s economic rise since the 1960s could be attributed to many factors: its geographic position, a homogenous and hard-working population, sound economic governance exercised by authoritarian governments, and a conducive geopolitical environment. It has economically matured, having raised its...

After last Friday’s failed coup attempt in Turkey, a measure of calm has returned to global markets.  We did not think Turkish developments have wide-reaching implications for EM assets, but we do remain very negative on Turkish assets in the...

EM ended last week on a soft note, due in large part to the attempted coup in Turkey.  Weakness in the lira spilled over into wider EM weakness in thin Friday afternoon market conditions.  The situation in Turkey has calmed,...

Since the UK voted to leave the EU, emerging market equities have outperformed equities from the developed markets.  This Great Graphic, composed on Bloomberg, shows the MSCI Emerging Market equities (yellow line) and the MSCI World Index of developed equities...

Compared with its Asian near neighbours, Indonesia has long been tolerant of same-sex sexuality and transgenderism. Unlike Singapore and Malaysia, Indonesia never criminalised homosexuality and has been accommodating of transgender people. Compared with its Asian near neighbours, Indonesia has long...

The US dollar is broadly mixed against the major currencies.  The Swiss franc's 0.25% gain puts it at the top of the board, after sterling's earlier gains were largely unwound in late-morning turnover.  The yen is the weakest major, extending...

Reining in big business? Chris Radburn / PA Wire The most radical proposal for the extension of workplace democracy in a generation has been made not by Labour leader, Jeremy Corbyn, but by Theresa May, the UK’s new prime minister....