Malaysia: A Flourishing Fintech Ecosystem
February 28, 2020-In Malaysia, where annual economic growth has averaged just under 5 percent over the past five years, fintech is a part of everyday life. It is rapidly becoming a central part of the country's financial sector, with considerable promise for expansion, according to new IMF analysis.
With its growing middle class, high mobile phone penetration rates, and strong government support for the digital economy, Malaysia is well situated to take advantage of fintech innovation. From mobile wallets and electronic payments, to crowdfunding and “insurtech” (the combination of insurance and technology)
view more
Source: IMF
Among the Best Performers in the Market's Rout: Chinese Stocks
February 27, 2020--Worries about the coronavirus epidemic haven't kept investors away from shares of Chinese companies
Growing fears about the coronavirus epidemic have sent stocks around the world diving in February. But some regions have held up better than others.
In fact, an exchange-traded fund tracking shares in mainland China-where the novel coronavirus is believed to have originated-has raced past its counterparts in much of the world.
view more
Source: wsj.com
Chinese and Indian cities most at risk from rising sea levels
February 27, 2020--Sunk cost will take on a new meaning if large-scale investments are deluged.
view more
Source: FT.com
Japan's Economy Shrinks 6.3% as Sales-Tax Increase Cools Consumption
February 17, 2020--Following a dismal final quarter of 2019, Japan's economy is facing the risk of a recession because the coronavirus outbreak is hurting tourism and production.
Japan, the world's third-largest economy after the U.S. and China contracted at an annualized rate of 6.3% in the October-December quarter, worse than economists' forecast of a 3.9% contraction.
view more
Source: wsj.com
BetaShares Australian ETF Review-January 2020
February 12, 2020--INDUSTRY STARTS THE YEAR WITH A BANG!
The relentless growth the Australian ETF industry has experienced shows no sign of abating, with the industry starting the new year with a bang! After closing 2019 at ˜$62B in assets under management (AUM), the industry finished the first month of 2020 at $66B, growing $4.2B over the month (6.8% MoM growth)-the largest absolute monthly growth on record and the fastest % monthly growth in over four years.
Market cap
ASX Exchange Traded Product Market Cap: $66.0B-New industry record
Market cap increase for month: 6.8%, +$4.2B-Largest absolute monthly growth on record, fastest % monthly growth in >4 years
Market cap growth for the last 12 months: 55%, + $23.5B-Greatest absolute growth over 12-mth period
view more
Source: betashares.com.au
Japan: Demographic Shift Opens Door to Reforms
February 10, 2020--Japan's population is aging and shrinking fast. With a median age of 48.4 years, Japan's population is the world's oldest. The government of Japan projects that there will be almost one elderly person for each person of working age by 2060.
Over the same 40-year span, Japan's current population of 127 million will shrink by over a quarter-a population loss equivalent to the entire population of Malaysia or Peru. This accelerated speed of aging and shrinking of its population places Japan at the leading edge of global demographic change, posing economic and other challenges for the country.
view more
Source: IMF
IMF Staff Country Report-Philippines: Selected Issues
February 6, 2020--EXPORT PERFORMANCE IN THE CONTEXT OF GLOBAL TRADE TENSIONS1
Unlike many Asian countries, the Philippines' exports of goods have remained stable through the
ongoing period of global trade tensions. Its low participation in global trade as well as in global value
chains relative-to-peers seems to explain why the Philippines has not yet been negatively impacted by
the trade tensions.
On the other hand, despite its close trade ties with the United States, the Philippines
has not benefitted much from trade diversion originated from the U.S.-China bilateral tariffs, unlike
Vietnam and Mexico.
A. Introduction
1. The stable evolution of the Philippines' exports of goods in a context of global trade
tensions is puzzling. On the one side, unlike most Asian economies, the Philippines has not
experienced a fall in its total exports. On the other hand, the Philippines has not benefited much
from trade diversion created after the U.S.-China trade tensions, even though the U.S. and China
are major trading partners.
view the IMF Staff Country Report-Philippines: Selected Issues
Source: IMF
India navigates a new global order
February 3, 2020--With Indian economic growth slowing, commentary is focused on Finance Minister Nirmala Sitharaman's 2020-21 Union Budget.
Less public attention is being paid to India's external challenges. The world economy matters to India today and India has itself become a global player.
The rules-based multilateral economic order which supported global integration for a generation is under widespread challenge. As multilateral institutions weaken and bilateral negotiations assume centre stage, India is compelled to articulate an economic sovereignty that's politically grounded domestically while remaining sufficiently flexible to grasp opportunities in the years ahead.
Deep shifts in global order have been building, but a key marker is the 2008 financial crisis. Its origins in the most advanced financial markets provoked continued widespread questioning of the liberal consensus in vogue.
view filing
Source: bruegel.org
Chinese stocks plunge in worst end to Lunar Year on record
January 24, 2020--Panic coursed through the world's second-largest equity market as investors sold stocks on concern a deadly virus will worsen over China's week-long trading break.
view more
Source: FIN24
SGX invests 186m euros for 93% stake in index firm Scientific Beta
January 23, 2020--SINGAPORE Exchange (SGX) is coughing up 186 million euros (S$280 million) in cash for a 93 per cent stake in Scientific Beta Pte Ltd, a smart beta index firm.
The strategic investment will strengthen the Singapore bourse operator's research-based index design capabilities as well as broaden its range of index products and clientele.
As of end Sept 2019, an estimated US$55 billion in assets owned by global institutions tracked Scientific Beta's indices. This has risen more than 10 times in four years, on the back of significant growth in factor investing.
view more
Source: businesstimes.com.sg
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.