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Debt and bond markets

India overtakes Hong Kong to become world’s seventh largest stock market

by Walter Watson
India overtakes Hong Kong to become world’s seventh largest stock market

A security guard walks past the National Stock Exchange of India building in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images India’s stock market value has overtaken Hong Kong’s …

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China banks, Hong Kong, local govt financing vehicles

by Walter Watson
China banks, Hong Kong, local govt financing vehicles

A pedestrian walks pass a branch of Industrial & Commercial Bank of China (ICBC) in Fuzhou, Fujian province of China. VCG | Getty Images Moody’s Investors Service cut its outlook …

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Fed should cut rates at least 5 times next year, portfolio manager says

by Walter Watson
Fed should cut rates at least 5 times next year, portfolio manager says

The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the U.S. economy into a recession, according to portfolio manager Paul Gambles. Gambles, …

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Thailand’s economy is slowing, and it could mean trouble

by Ron Morgan
Thailand’s economy is slowing, and it could mean trouble

Residents rest in front of a fan in Bangkok, April 25, 2023. Andre Malerba | Bloomberg | Getty Images Thailand’s economy grew at its slowest pace in almost a year …

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Chinese property developer Sunac says it’s met restructuring conditions

by Walter Watson
Chinese property developer Sunac says it’s met restructuring conditions

A booth of Sunac China is seen at a housing fair in China, May 16, 2014. Developer Sunac China missed the deadline for coupon payments on a $742 million offshore …

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Bank of Japan should shun ultra-loose policy to prop yen, Deutsche Bank says

by Walter Watson
Bank of Japan should shun ultra-loose policy to prop yen, Deutsche Bank says

A 1000 yen note on a tray at a souvenir shop in Hakone, Japan, on Tuesday, Nov. 22, 2022. SeongJoon Cho | Bloomberg | Getty Images Among major central banks, …

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Singapore bank DBS Q3 2023 earnings: quarterly profit beats forecast

by Walter Watson
Singapore bank DBS Q3 2023 earnings: quarterly profit beats forecast

DBS branch in Hong Kong. Budrul Chukrut | SOPA Images, LightRocket | Getty Images Southeast Asia’s largest lender DBS Group reported a 17% jump in third-quarter profit on Monday, benefiting …

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The worst may be over for China, says former FTSE chief

by Walter Watson
The worst may be over for China, says former FTSE chief

Photo taken on Aug. 19, 2021 shows a stock market trend, Shiyan, Hubei Province, China. Costfoto | Barcroft Media | Getty Images China may continue to see some market volatility …

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Country Garden draws closer to debt deadline, as default risk looms

by Walter Watson
Country Garden draws closer to debt deadline, as default risk looms

Country Garden shares tumbled to fresh eight-month lows Monday, extending losses on renewed debt fears for the Chinese property sector. Future Publishing | Future Publishing | Getty Images All of …

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Thailand’s new prime minister boosts optimism, but his populist policies pose fiscal risks

by Walter Watson
Thailand’s new prime minister boosts optimism, but his populist policies pose fiscal risks

Srettha Thavisin, Thailand’s prime minister, arrives at the Thai Parliament in Bangkok, Thailand, on Monday, Sept. 11, 2023. Valeria Mongelli | Bloomberg | Getty Images Months of political deadlock and …

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