Igor Purlantov is an expert on business and politics across emerging markets. Mr. Purlantov has worked extensively in various emerging countries throughout Europe, Asia and Africa with both public and private companies as well as local governments. You can read and learn more about his work on www.igor-purlantov.net
Monday, July 28, 2014
Emerging Market Stocks Advance on China
Emerging-market stocks rose, extending a weekly gain, as a gauge of Chinese mainland shares traded in Hong Kong entered a bull market. Russian stocks and its currency slumped amid the threat of further sanctions. China Coal Energy Co. climbed to its highest level in seven months after the nation’s industrial-profit growth accelerated. Hyundai Steel Co. gained 5.3 percent in Seoul after profit beat analyst estimates. OAO Rosneft dropped 1.9 percent, while the ruble weakened 0.7 percent. Former majority owners of Yukos Oil Co. said they won a $50 billion award against Russia.
http://tinyurl.com/mvs4sqv
Monday, July 21, 2014
Emerging Market Debt Issuance Hits Record High
Emerging and frontier market countries have borrowed a record amount of money in capital markets in the first half of this year, even as central bankers warn that “debt market euphoria” could be storing up trouble for the future. International sovereign bond sales by emerging markets reached $69.47bn in the first six months of the year, a jump of 54 per cent on the same period in 2013.
http://tinyurl.com/qh7tvee
http://tinyurl.com/qh7tvee
Monday, July 14, 2014
Fund Managers Ignore Borders to Chase Profits
U.S. emerging market fund managers are paying less attention to where a company is located or listed than to whether it's making money, either as an advanced world company doing business in the developing world, or the other way around. A top holding in the $710 million Ivy Emerging Markets Equity Fund, the best performing diversified emerging market fund over the last five years, is Las Vegas Sands Corp, the U.S.-based casino operator that generates most of its revenue in Macao.
http://tinyurl.com/nn9trtu
Monday, July 7, 2014
Emerging Markets Output Growth Strongest Since March 2013
Business activity in emerging markets expanded last month at its fastest rate since March 2013, boosted by strong growth in China and India, a survey showed on Monday. HSBC's composite emerging markets index of manufacturing and services purchasing managers' surveys jumped to 52.3 in June - well above the 50 threshold that indicates expansion - from 50.6 in May. Services activity growth hit a 15-month high and manufacturing output also rose, HSBC said.
http://tinyurl.com/kwa8453
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