Page 2 - Emerging Market

JP Morgan India bond index inclusion impact: Weight cut likely for 3 EMs

To accommodate India's 10 per cent weight in the GBI EM index, HSBC said in a recent note, a reweighting will occur for other EM peers in the index, which will see a reduction in their weights.

'Most JP Morgan index clients to invest directly in Indian govt bonds'

India's inclusion in global bond indices was discussed for nearly a decade before the inclusion in the widely tracked JP Morgan index was finally announced last September

India, Indonesia stand out for emerging market investors in ageing world

The investors are focusing on the two nations in emerging Asia, thanks in part to an expected boom in infrastructure spending, which in turn bodes well for the countries' economies

MSCI shuffle: India narrows the gap with China, may get $2 bn in inflows

With the May rejig, India's stock count in the MSCI Global Standard index is at 149, the highest ever for the country

Key emerging market economies see rising inflation trend, shows data

China recorded an inflation figure of 0.7 per cent in February, its first increase after experiencing deflation months

Bloomberg to add Indian bonds to emerging market indices in January 2025

Up to $3 bn inflows expected; they won't join Bloomberg Global Aggregate index

Asian bonds gain solid inflows on rate cut hopes amid US inflation concerns

India led the way with a robust influx of $2.39 billion into its bonds, the highest since August 2017, fueled by anticipation of its inclusion in JP Morgan's emerging market debt index this year

Cipla concludes 51.18% stake sale in Ugandan subsidiary for $25 million

The sale was executed by Cipla (EU) Limited, UK, and Meditab Holdings Limited, Mauritius, both wholly-owned subsidiaries of Cipla Limited

Emerging resilience

Domestic policies have helped emerging-market economies

Best of BS Opinion: Drafting security strategy, Regulating AI & more

Here is the best of Business Standard's opinion pieces for today

Private sector must cover 90% of climate investment in Ems, says IMF

The IMF said phasing out coal is necessary to reach climate goals, though it is challenging as many EMDEs highly depend on coal

Bond flows may hit $50 bn if other indexes follow: ICICI bank official

Earlier in the day, JPMorgan said it would include India in its global emerging market bond indices over 10 months starting June 2024, triggering close to $24 billion in flows.

Foreign investors snap up India stocks while fleeing most EMs in August

Global funds purchased $1.6 billion of Indian shares on a net basis last month through Aug 30, that's even as they withdrew a combined more than $6 billion from Taiwan, South Korea and Indonesia

Rupee outperforms its EM Asia peers even as it approaches record low

The improved economic fundamentals are why the currency is largely holding its own against the dollar - it's down just 0.5 per cent this year and is Asia's third-best performer

Indian market has breadth and depth of firms to invest in: Sukumar Rajah

Our biggest overweight by sector is financial, where our top holdings include ICICI Bank and HDFC Bank. This reflects our optimism about the outlook for investment and consumption in the economy

PM Modi flags emerging market debt risk as G20 finance chiefs meet

Modi acknowledged it's not an easy task, but urged the nations to work collectively to strengthen multilateral banks for meeting global challenges like climate change and high debt levels

Volatile Indian equity markets, flows capping downside: BofA on 2023

Revival in China's economic growth and policies could shrink this premium

Investors look to emerging markets as US dollar tumbles: Analysis

As the US dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from a sustained reversal in the greenback

Rupee gains as Fed's Jerome Powell hints at slower US rate hikes

So far in 2022, the Fed has hiked rates by a total of 375 bps, leading to a stronger dollar and diminishing the appeal of emerging market assets

Rupee sheds 0.2% to dollar as Covid worries trigger slump in yuan

Talk of persistent rate hikes by US Fed officials also drags rupee lower