Exchange traded funds set Japan record
February 2, 2016--Japanese trading in exchange traded funds soared to an all-time high last month as retail investors bet heavily against the global market sell-off and attempted to second-guess purchases by the Bank of Japan.
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Source: FT.com
China's Leaders Project 6.5-7.0 Percent Growth Target Range
January 31, 2016--China's leaders are expected to target economic growth in a range of 6.5 percent to 7 percent this year, sources familiar with their thinking said, setting a range for the first time because policymakers are uncertain on the economy's prospects, Reuters reports.
China, the world's second-largest economy grew 6.9 percent in 2015, which is the ...
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Source: emergingequity.org
Growth in Asian institutional ETF usage set to accelerate
January 28, 2016--Institutional investors and fund houses in Asia are using ETFs more for multi-asset and smart-beta strategies and for replacing futures exposure, with growth tipped to accelerate.
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Source: asianinvestor.net
Bank of Japan surprises with negative interest rate
January 29, 2016--The Bank of Japan on Friday introduced a negative interest rate policy, a move aimed at boosting a stumbling economic recovery and warding off deflation.
Markets jumped on the intervention.
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Source: USA Today
Chinese investors still shy of A-shares
January 29, 2016--Even after recent falls, shares still seen as too expensive, survey finds.
Despite the sharp falls of recent months-continued with this week's lurches-A-share prices still look expensive and Chinese retail punters aren't keen to get back into the market.
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Source: FT.com
Chinese Stocks Fall Sharply, Leading Asian Markets Lower
January 28, 2016--China's stock market sank on Tuesday amid accumulating evidence of the Chinese economy's deeply rooted troubles and as the central bank pushed huge sums of money into the banking system.
The drop took Chinese stocks to their lowest level in 13 months. It followed a sell-off in the United States on Monday that was caused by a fall in the price of oil, an indicator of global economic health.
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Source: NY Times
IMF Staff Completes 2015 Article IV Mission to Malaysia
January 27, 2016--"Despite challenging external and domestic conditions in 2015, the authorities have been able to maintain macroeconomic and financial stability, while making significant progress in improving the foundations for sustained economic growth over the medium term.
Malaysia's economy has been affected by multiple shocks since late 2014, including a sharp fall in commodity prices, weak external demand, political developments and capital outflows.
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Source: IMF
China admits communication failings on renminbi
January 21, 2016--A top adviser to Chinese president Xi Jinping has conceded that poor communication contributed to global market anxiety over China's falling currency, as he tried to reassure investors that Beijing is not pursuing competitive devaluation.
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Source: FT.com
India's Stocks Lose Their Modi Momentum on Global Slowdown
January 20, 2016--Indian stocks have lost their Modi mojo as turmoil in global markets, weak corporate earnings and a slowing policy-change process hit investor sentiment.
The benchmark S&P BSE Sensex fell to 24,062.04 Wednesday.
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Source: Wall Dtreet Journal
IMF-Hong Kong SAR: Growing Despite Uncertainties
January 19, 2016--Economy has strong buffers, but faces multiple challenges
Higher interest rates could leave households and corporate sector exposed
Property sector appears to be slowing
Despite being repeatedly buffeted by powerful global cross-currents, Hong Kong SAR's economy has grown steadily in recent years, according to IMF economists.
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Source: IMF