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Asian EM Currencies Feeling Covid-19 Pinch As Flight to Dollar Rises

Asian EM Currencies Feeling Covid-19 Pinch As Flight to Dollar Rises

by Afshin Molavi | Mar 23, 2020 | Coronavirus/Covid-19, Emerging Market Multinationals, Emerging Markets, NewPost, Original Articles

Emerging market currencies across Asia are feeling the pinch from the Covid-19 pandemic, with values in some places falling to levels not seen since the 1998 Asian financial crisis. An Asian currency stress test by a leading European bank discovered the most trouble...
Japan Mulls $270 Billion Stimulus Package to Battle Covid-19

Japan Mulls $270 Billion Stimulus Package to Battle Covid-19

by Afshin Molavi | Mar 23, 2020 | Coronavirus/Covid-19, Japan Economy, NewPost, Original Articles

Japan is considering a stimulus package of some $270 billion to counteract the economic decline triggered by the global Covid-19 pandemic, according to Japan Times. This amounts to double the emergency economic package initiated by the government after the 2008-9...
US Asset Managers Set to Launch Mutual Fund Units in Shanghai

US Asset Managers Set to Launch Mutual Fund Units in Shanghai

by Afshin Molavi | Mar 23, 2020 | China Economy, China Equities, Coronavirus/Covid-19, Emerging Markets, NewPost, Original Articles, Shanghai

BlackRock, Fidelity International other major players signal interest in setting up majority-owned mutual fund units in Shanghai, Shenzhen Daily and news agencies report.   From April 1, US and global players will be allowed majority ownership in mutual fund and...
BMW Doubling Down on China Market

BMW Doubling Down on China Market

by Afshin Molavi | Mar 23, 2020 | China Economy, China Equities, Coronavirus/Covid-19, Emerging Market Multinationals, Emerging Markets, NewPost

Even amid the ongoing Covid-19 pandemic, German carmaker BMW sees enormous potential in the China market and has pledged to ramp up its production in the world’s largest auto market. This from China Daily BMW AG is considering scaling up its investment in China...
India Shuts Down Domestic Flights, Trains in Coronavirus Battle

India Shuts Down Domestic Flights, Trains in Coronavirus Battle

by Afshin Molavi | Mar 23, 2020 | Coronavirus/Covid-19, Emerging Markets, India Economy, NewPost, Original Articles

India, one of the fastest growing aviation markets in the world, will have largely empty skies as of Wednesday at midnight. All domestic flights have been grounded, adding to the ban on all international flights. The ban on all flights will continue to slam...
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