Asia ETF News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results
Momentum on reforms, inclusive growth can make India the growth engine for global economy, says World Bank Managing Director
September 25, 2015--World Bank Managing Director Sri Mulyani Indrawati, on concluding her three-day visit to India has said that the slowdown of the global economy will not stop India from becoming an economic powerhouse as long as reforms are sustained to ensure the most vulnerable and poor share in prosperity.
Indrawati praised India's strong economic fundamentals and improving investment climate, and encouraged the government to continue its economic reforms, particularly the enactment of the Goods and Services Tax (GST) legislation.
view more
Source: World Bank
Asia-Pacific: Feeling the Pinch from Lower Commodity Prices
September 23, 2015--Lower commodity prices are hurting revenues in resource-rich Asia-Pacific countries
Sound fiscal regime and improved tax administration capacity can help reduce impact of revenue losses
Fiscal transparency and interagency cooperation also key
Realizing the revenue potential from natural resources has become even more challenging with the recent decline in commodity prices, participants said at a conference for the Asia-Pacific region.
view more
Source: IMF
ADB-Update to Asian Development Outlook 2015 Update
September 22, 2015--Growth in developing Asia faced strong headwinds in the first half of 2015. Regional growth is forecast to slow from 6.2% in 2014 to 5.8% in 2015, with a slight rebound to 6.0% in 2016.
The region must strengthen its ability to respond to external shocks. Emerging markets are facing receding capital flows and depreciating currencies-a trend that may be exacerbated by the upcoming rise in US interest rates. Implementing macroprudential policies and developing local currency bond markets can bolster financial system resilience and mitigate risks to borrowers.
view the report-Asian Development Outlook 2015 Update: Enabling Women, Energizing Asia
Source: ADB (Asian Development Bank)
China Considering Stock Index Circuit Breaker System To Prevent "Abnormal Fluctuations", Xinhua Says
September 7, 2015--China is considering mechanisms such as a stock index circuit breaker system to temporarily shut down stock trading in order to prevent further "abnormal fluctuations", China's state-run Xinhua News Agency reported late on Sunday night.
The introduction of a stock index circuit breaker system is being studied by China, where trading would be suspended for an unspecified period of time in the event of a "substantial drop", Xinhua said, citing an official from the China Securities Regulatory Commission.
view more
Source: emergingequity.org
BetaShares' launches new pair of Funds that allow investors to back their view on outlook for US equities
September 1, 2015--BetaShares is pleased to announce the launch of two new investment funds on the ASX that allow investors to back their view on the outlook for U.S. equities-whether bullish or bearish.
BetaShares Geared U.S. Equity Fund-Currency Hedged (hedge fund) (ASX: GGUS) provides investors with a simple and cost-effective way to obtain geared exposure to the returns of the U.S. share market.
view more
Source: BetaShares
UTI Mutual Fund launches two equity ETFs, looks to tap EPFO funds
August 25, 2015--With an eye on the cash-rich Employees Provident Fund Organisation (EPFO), UTI Mutual Fund today launched two new open-ended exchange-traded funds-UTI Nifty ETF and UTI Sensex ETF.
The New Fund Offers (NFOs) which opened today will remain open for subscription till August 26 and will be traded on both the exchanges from September 3.
view more
Source: Times of India
Mongolia's TDB heard to hire banks for standalone US$300m bond
August 24, 2015--Trade and Development Bank of Mongolia is said to have mandated three banks for a three-year $300 million stand-alone bond.
According to sources familiar with the matter, the banks are Deutsche Bank, Bank of America Merrill Lynch and ING.
view more
Source: Reuters
China's RMB Devaluation 'Rattles' Markets But Nation's Debt-GDP Looking Ominous
August 12, 2015--With the move by the People's Bank of China (PBC) to devalue the Renminbi (RMB) on Tuesday spooking markets globally and raising yet more concerns about the health of the Chinese economy, it's interesting looking at the country's debt profile to Gross Domestic Product (GDP).
But the trend hasn't exactly been looking too rosy for some time.
view more
Source: Forbes
China devalues yuan after poor economic data
August 11, 2015--China devalued its currency on Tuesday after a run of poor economic data, a move it billed as a free-market reform but which some suspect could be the beginning of a longer-term slide in the exchange rate.
The central bank set its official guidance rate down nearly 2 percent to 6.2298 yuan per dollar-its lowest point in almost three years-in what it said was a change in methodology to make it more responsive to market forces.
view more
Source: Reuters
NDRC plans steps to bolster bond market
August 6, 2015--The National Development and Reform Commission, the nation's top economic planner, said on Wednesday that it will come out with more initiatives to develop the debt market, particularly to boost funding for infrastructure projects and stabilize the overall economy.
The NDRC will soon permit two policy banks to fund big ticket infrastructure projects through bond issues, but it was yet to finalize the details, said sources close to the issue.
view more
Source: chinadaily.com.cn
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.
