Emerging Market Views

06/08/2022

OPEC Leaving Tough Decisions For The Future

In its meeting on June 2, OPEC+ agreed to speed up its production hikes, pledging to add 648,000 barrels a day in July and August, about 200,000 more than it had signaled.

This move was mildly positive politically, helping to paper over fraught US-GCC relations, and may also be a precondition for a set of bilateral meetings. But the increase is small compared to the rising demand. It also puts off the tough decisions about how and whether to reallocate production away from those members who are struggling to meet targets.

In its meeting on June 2, OPEC+ agreed to speed up its production hikes, pledging to add 648,000 barrels a day in July and August, about 200,000 more than it had signaled previously. This move ...

04/16/2022

Keppel Telecommunications & Transportation (Keppel T&T) has entered a deal to divest all of its stake in Keppel Logistics to Geodis International SAS for around S$80 million, Keppel Corp. said in a filing with the Singapore Exchange in March.

The deal values Keppel Logistics at an enterprise value of S$150 million on a cash-free, debt-free basis, the filing said.

The transaction includes Keppel Logistics’ businesses in , Malaysia, Australia, and UrbanFox, but excludes Keppel T&T’s logistics operations in and also excludes its stakes in Keppel Puninar Logistics in Indonesia and Indo-Trans Keppel Logistics in Vietnam, according to the filing.

02/21/2022

Palm oil producer Olam International has obtained an aggregate US$4 billion in financing facilities from multiple as part of its reorganization plan, the agri-business said in a filing to the Singapore Exchange in January.

for the full story and more details on the consortium backing the deal.
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02/21/2022

Don’t miss our exclusive reporting from points north, south, wast and west.

01/30/2022

China’s Focus On Low Emissions Could Affect Industrial Metals

China has announced bold targets to curb its carbon emissions, but the country will need to embrace significant policy challenges to end its heavy reliance on fossil fuels.

The transition to a low-carbon economy is also likely to impact the demand and price of metals, such as copper, aluminum, and steel.

China has announced bold targets to curb its carbon emissions, but the country will need to embrace significant policy challenges to end its heavy reliance on fossil fuels. The transition to a low-carbon economy is ...

01/27/2022

Africa Needs Better Informed Angels

"This is a common environment across emerging markets. Seeking to fill the financing gap in Africa with institutional funding misses the source of the problem".

Africa needs better informed angel investors

01/06/2022

The Shifting Landscape of Shanghai's Gold Market

The effects of the global pandemic triggered new trading dynamics between China and the rest of the world, with domestic Chinese gold now often quoted at a discount to global gold prices.

Volume and open interest in Shanghai Gold futures continue to build, breaking records two years post launch

09/20/2021

Strong GDP growth, improving governance, and limiting the rise in public debt have been key factors for the few emerging market (EM) sovereigns that have bucked the trend and seen net upgrades over the past 10 years.

At Fitch Ratings, the average EM Long-Term Foreign-Currency Issuer Default Rating has declined by 1.3 notches in the 10 years to end-August 2021 to ‘BB’, or by 0.9 notches after adjusting for composition effects. On both measures, it has fallen further behind the average developed market sovereign rating.
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06/02/2021

In the global refining industry, has exposed a seismic shift. ⠀
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While China’s refineries forge ahead with capacity expansion, many western-based refiners have retrenched. As China again slows on stimulus, it is expected to officially surpass the United States as the world’s largest oil refiner, according to the International Energy Agency.⠀
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This can be partly explained by China’s head start in recovering from the . While much of the world remains under varying states of lockdown, China’s growth hit 6.5% in the fourth quarter of 2020, meaning that it grew 2.3% for the full year. It is the only major economy to have expanded in 2020.⠀
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Head to our site for more analysis on China, how it could become the largest refiner this year, and more news from around the world's emerging markets.

02/13/2021

Amid the lackluster news flow, it is easy to overlook the significant shifts which are rapidly taking shape.

In , there are increasing reasons for optimism. Already home to over half of the world’s population and a rising middle class, and have accelerated seismic shifts in the region’s business landscape, much of which are structural and enduring. Globalization is giving way to regionalization, according to Benjamin Hung, CEO for Standard Chartered, Asia-Pacific, fundamental changes are happening in supply chain approaches, trade pacts, digital and consumption patterns, and financial innovation.

Head to our site for Hung's analysis and more news from around the world's emerging and frontier markets.

PHOTO: Joseph Chan /Unsplash

11/14/2020

Founded in 2001, Prince Street Capital is an investment firm focused on global emerging and frontier equities. The firm manages long-short, long-only, and absolute return strategies for an institutional base. Founded by David Halpert, Prince Street today remains employee-owned with offices in key financial markets--New York, Singapore, and Hong Kong.

Widely known for his views on the premise "digital decolonization", this is a term that will reshape how businesses in major emerging markets are thought of and looked at by both domestic and international investors.

*Stay tuned* for our exclusive "Big Interview" with Halpert, and be sure to subscribe to our newsletter for more news and analysis from around the world's emerging and frontier markets.

10/25/2020

10/25/2020

10/21/2020

‘Extreme’ Resilience Test Ahead For African Financial Markets - Emerging Market Views

In the wake of , Africa's financial markets have come under increased pressure.

Our latest analysis dissects a new report and shows the need for "resilience" as the content battles both a pandemic and its economic fallout.

The coronavirus pandemic and its economic impact will pose an “extreme test of resilience” for African countries’ developing financial markets, according to a joint report by Absa Group and the Official Monetary and Financial Institutions ...

08/30/2020

Don't miss our exclusive news, analysis, and expert op-eds on the world's emerging markets. Get it all, direct to your inbox, subscribe to our newsletter now--> http://emvie.ws/1T9KmAu

08/26/2020

Emerging Market Media introduces audio articles - FIPP

Our Founder and EIC Dawn Kissi recently spoke with FIPP about our new partnership with London-based SpeechKit ahead of the group's Media Congress that kicks of next month.

Check out the exclusive interview and be sure to join the virtual event on September 22!

Emerging Market Media (EMM), publisher of flagship editorial product Emerging Market Views, has introduced an audio feature into its on-site […]

08/18/2020

Dubai Financial Market Welcomes New ETF - Emerging Market Views

A new ETF has landed at Dubai's Financial Market.

Abu-Dhabi-based asset management firm Chimera Capital LLC, a subsidiary of Chimera Investments LLC, this week launched its Umbrella Exchange Traded Fund (ETF) – Chimera S&P UAE Shariah ETF- Share Class B – Income, on the ...

08/08/2020

Brazil Has Become The World's Top Soybean Producer - Emerging Market Views

The ongoing U.S-China trade dispute has propelled into becoming the world's top producer of soybeans.

Latest expert analysis breaks down how and why a major found its way to the top with the hugely popular commodity.

Throughout the 20th century, the United States was the largest global exporter of most grains and oilseeds, including corn, wheat, and soybeans. In recent years, other countries and regions have grown in importance – the Black ...

07/27/2020

Latin America & Brazil: The Week Ahead - Emerging Market Views

Check out what's on tap for some Latin American economies this week.

Mexico reports June trade Monday. Second-quarter GDP will be reported Thursday, which is expected to contract -21.2 percent y/y vs. -1.4 percent in the first quarter. Mexico’s economy remains weak, “so further easing is expected ...

07/22/2020

Emerging Market Views updated their business hours.

Emerging Market Views updated their business hours.

07/21/2020

As Trading Accelerates, Asia Leads The Way In Copper Consumption - Emerging Market Views

Consumption of one precious metal is on the rise, and Asia is leading the way.

It is no secret that China holds a major presence within the global copper supply chain. As the world’s largest copper consumer and one of the largest producers, China’s influence in global copper markets cannot ...

07/15/2020

Treasury Summit

UPCOMING LIVE (VIRTUAL) EVENT:

Wednesday, July 15 our Founder with be moderating a panel with the Founders of Public.com to discuss the new rules of , finance, and the importance of making more accessible to all.

Check out the agenda for Treasury Summit's "New Rule" virtual, all-day event. Register for tix via this link:

https://hopin.to/events/treasury-summit

Three months ago we held the Quarantine Summit to highlight the fintech founders and leaders that were stepping up as the world locked down. The Treasury Summit is a day to highlight the lessons from the past few months and transcribe the new rules...

07/09/2020

We are thrilled to share some exciting news about our Founder, Dawn Kissi.

Read the official announcement from Columbia University--> https://emvie.ws/31W8YpG

06/23/2020

IMF Deal Prompts Ukraine Upgrade, Investor Confidence May Follow - Emerging Market Views

made some news this month, and our London-based analyst has all the latest details on the sovereign, it's new IMF deal, and an "upgrade" by Moody's Investor Service.

Moody’s Investors Service (“Moody’s”) on June 12 upgraded the Government of Ukraine’s long-term issuer and senior unsecured ratings to B3 from Caa1. The agency’s outlook on the ratings is “stable.” The upgrade comes on the ...

06/11/2020

COVID-19 Sends Costa Rica Into Recession - Emerging Market Views

The global COVID-19 pandemic has sent Costa Rica into its third recession in more than 50 years.

Moody’s Investors Service this month changed the outlook on the Government of Costa Rica’s ratings to negative from stable. In addition, the agency has affirmed the country’s B2 long-term issuer and senior unsecured bond ratings. The negative outlook reflects Costa Rica‘s ...

05/25/2020

All emerging markets, all the time.

05/25/2020

All emerging markets, all the time.

05/25/2020

All emerging markets, all the time.

05/19/2020

COVID-19: A Threat To The Global Uranium Supply - Emerging Market Views

Electricity consumption has held up relatively well in the slowdown caused by .

As a key generation fuel, has been less impacted by the spread of the virus than other that are used more for transport or construction.

Uranium also benefits from a supply-demand balance that is relatively supportive at present. COVID-19 has emerged as a threat to global uranium supply. Indefinite mine closures in Canada, Kazakhstan, Australia, and other countries are expected to drive the price of U3O8 uranium higher as utilities fight to secure supply and producers either turn to market purchases or draw down on inventories to meet contractual obligations. Check out our latest analysis-->

Uranium futures is one of the few contracts that has experienced price gains in recent weeks, as the economic impact of COVID-19 continues to weigh heavily on prices for most commodities. Front-month uranium futures settlement prices have ...

05/08/2020

Clean Energy's Challenges And Opportunities Amid COVID-19 - Emerging Market Views

Over the past few weeks, the COVID-19 pandemic has caused significant macroeconomic turbulence, with many questioning not if we are on the brink of a global , but when.

While the clean energy and -focused sectors have so far fared slightly better than their resources-driven counterparts, cracks are starting to emerge.

Head to our site for a deep dive on in emerging markets and what risks, as well as opportunities, may arise as governments take action.

As a global recession looms, projects face uncertainty, but stimulus packages could help keep a low-carbon future on track. Over the past few weeks, the COVID-19 pandemic has caused significant macroeconomic turbulence, with many questioning ...

05/01/2020

South Africa has struggled to implement a credible policy or run its state-owned enterprises under the previous administration’s almost 10-year run.

Growth became more volatile and government grew from 34.7 percent in 2010 to 62.2 percent in 2019.

Cyril Ramaphosa was unable to right the ship in his two years in office and continued to grow and the stagnated leaving Moody’s Investors Service no option but to downgrade the country.

Head to our site: em-views.com for a deep dive on 's debt woes and more exclusive reporting from around the world's emerging markets.

04/09/2020

South Africa Downgrade Was No Surprise - Emerging Market Views

Now below 'investment grade,' recent action taken by Moody's Investor Service on South Africa came as no surprise to many global investors.

Investors in South Africa knew the country’s investment-grade rating was living on borrowed time. Action taken on South Africa by Moody’s Investors Service March 27, 2020, placed the country at “Ba1” and maintained its negative ...