global markets

Singapore has a shipping rival less than 30 kilometres away
SINGAPORE (Feb 1): Indonesia wants to re-position its Batam island as an alternative shipping and manufacturing hub to Singapore with a potential to draw US$60 billion ($80.8 billion) in new investment. Batam and nearby islands -- located at less than 30 kilometers south of Singapore -- have attracted about US$20 billion dollars of investment and they were declared a free-trade zone in 2007. ...
Turkey-led emerging markets rout won't end as well as the Asian financial crisis
SINGAPORE (Aug 20): It has been a dramatic week for emerging markets — in particular, Turkey. And, while the unfolding carnage has parallels with what happened in Southeast Asia almost exactly 20 years ago, I cannot help thinking that things will not turn out quite so well this time around. On Aug 10, US President Donald Trump pushed Turkey further towards a financial crisis by tweeting: ...
Increased volatility and higher yields part of package that comes with market normalcy: DBS
SINGAPORE (Feb 7): Don't panic, markets are simply showing signs of normalcy with more volatility and higher yields despite ongoing bouts of risk aversion, says DBS. For the past few years, volatility was suppressed via monetary policies by the G3 central banks amid downside risks to growth as well as inflation. But the market got used to this period of low rates. However, things changed ...
Synchronised global economic growth papering over the risks
SINGAPORE (Dec 25): This time last year, I was warning that stocks were headed for a turbulent 2017 because of rising interest rates, geopolitical turmoil and technological disruption. I was wrong. Stock markets around the world have generally done well and many investors are now bullish. But the risks have not abated. If anything, they have worsened. In the geopolitical sphere, for instance, ...
The markets in 2018 will leave investors in a state of confusion: Jupiter Asset Management
SINGAPORE (Dec 22): The market behaviour in 2018 will continue to leave economists and investors puzzled, just as similar to the last 12 months, according to Edward Bonham Carter, vice-chairman of Jupiter Asset Management. “But we should be able to expect reasonable returns from stocks if inflation stays contained and US interest rates plot a slow and steady upward course,” says Bonham ...
Will ETFs wreak havoc to Emerging Markets if flows reverse?
SINGAPORE (Aug 18): Exchange Traded Funds (ETFs) have helped power the emerging markets (EM) rally this year but their heft and influence is now a cause of concern as the damage could be as severe if the flows reverse. The bond and stock markets of the developing world have been on a tear this year, but the swelling EM ETF industry is worrying some analysts and investors, who point out that ...
Stay focused on underlying economics, not politics-driven market dips: Manulife
SINGAPORE (May 25): Global markets continued to rally in April following Emmanuel Macron’s landslide victory in the French presidential election. But Manulife Asset Management believes that while investors are right to capitalise on politics-driven market dips, they should stay focused on the underlying economics as the key to forming a more sustainable investment strategy. “In Europe, ...
Mobius says low market volatility is tied to social media
(May 11): Mark Mobius has a left-field theory on why volatility in global stock markets is so low. “Social media is having a huge impact,” the executive chairman of Templeton Emerging Markets Group said in an interview during a visit to Tokyo. “It’s creating confusion with a lot of false news,” he said. “You’re getting a situation where a lot of information is discounted ...
Japan leads Asia-Pacific peers in embracing digital era of finance
SINGAPORE (Feb 27): While 87% of investment providers in Asia Pacific agree that digital transformation is important for the future of their organisation, few of them are on track to become digital leaders in their fields, according to a recent report published by State Street Corporation. State Street’s global study of 2,000 investors and 500 investment providers, entitled Finance ...
2017 is shaping up as a volatile year for markets
HONG KONG (Jan 27): The world's most famous measure of volatility in financial markets is flashing a sign akin to boredom — languishing around levels that prevailed before the global crisis. Problem is, the VIX is tied to the US S&P 500 index. Take a step back to look at the global picture, and the early days of 2017 are showing elevated jumpiness similar to that seen in the past ...