India's mid-year economic survey says fiscal outlook clouded

India warned that fiscal slippages could be a drag on Asia’s third-largest economy in the year to March 2018, but pledged to meet its budget deficit targets as it sought to reassure investors and global rating companies.

Emerging Markets

As China's vast bond market opens up, here's the best way in

Although China’s sovereign and corporate yields look ­attractive when compared with low returns available elsewhere, investors remain wary. Finding true ­opportunities and understanding the risks of the Chinese market aren’t easy for foreign investors.

Fixed Income

China's economic speed bump may reignite bond default wave

China had unexpected buoyancy in its economy to thank for an easing off in corporate defaults in the first half. But as growth shows signs of pulling back, the question is: will it last?

Emerging Markets

Brazil public finances need growth and friendly politicians

If Brazil’s top economic policy makers want to hit their new budget targets, they will need a little help from their friends in Congress. President Michel Temer’s administration has committed itself to a 2018 fiscal goal that depends on Congress passing measures to rake in 18 billion reais ($5.7 billion) in much-needed revenue.

Emerging Markets

Taming of Asia's most volatile currencies creates new danger

Policy makers in Indonesia and Malaysia have been so successful in quashing currency volatility that this is breeding a new danger: complacency.

Derivatives
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Brazil budget worries too much to take for foreign investors

A president ousted, another charged, and growth as well as budget numbers in the doldrums -- Brazil hasn’t been easy to stomach for many foreign investors.

Emerging Markets

China is taking on the ‘original sin’ of its mountain of debt

Characterized in state media as the “original sin” of China’s financial system, leverage has swelled over the past decade -- partly because policy makers were trying to cushion a slowdown in growth from the old normal of 10 percent plus.

Emerging Markets

Emerging markets see lowflation for first time in Fed rate cycle

The curse of the developed world central banks -- low inflation -- is turning out to be the boon for emerging markets, and their bonds.

Emerging Markets

Saudi Arabia builds cities in the sand to move beyond oil

After relying on oil to fuel its economy for more than half a century, Saudi Arabia is turning to its other abundant natural resource to take it beyond the oil age -- desert.

Emerging Markets

China's newest route for bond buying is pulling funds home

Turns out that China’s new Bond Connect with Hong Kong isn’t just good for foreigners. Offshore Chinese money is using the channel to bring money back home, taking advantage of opportunities in domestic credit products.

Emerging Markets