The International Monetary Fund is looking at sovereign debt restructuring, worried that it is bailing out private creditors. Gabriel Sterne, an economist at Exotix, explains to Fast FT deputy editor Robin Wigglesworth why the proposal for automatic bail-ins would not be wise.
The number of students taking management courses has rocketed in India. But for many students, the real reason for studying for an MBA isn’t to get a job, but to make themselves look more eligible in the marriage market. The FT’s Avantika Chilkoti looks at the link between MBAs and marriage. Continue reading »
There is chaos on the streets of Ukraine and the bargain-hunters are circling. James Mackintosh says there may be money to be made, but there are few signs of serious panic among investors. Continue reading »
There are two Latin Americas: one dynamic, the other sluggish. John Paul Rathbone, FT Latin America editor, explains to emerging markets editor James Kynge the reasons for this divergence and which grouping would be most attractive to investors.
Ukraine correspondent Roman Olearchyk reports from Kiev on the violence and deaths in the capital, and examines how Russia, Europe and the country’s oligarchs are reacting to the events.
The FT’s Ben Marino travels to Hebei province to visit a rural community that is opening online shops selling Inner Mongolian cashmere to fashion-conscious internet shoppers across China.
Contagion is a concern in emerging markets, as the currency sell-off spreads to countries with current account surpluses, such as Hungary. Nicholas Spiro, managing director of Spiro Sovereign Strategy, discusses the risks with John Authers.
Demonstrators in Bangkok blocked some polling stations in the Thai capital and continued to insist that they would ignore the results of the vote, but in spite of their protests, voting went ahead across the country. Michael Peel reports.
It’s a risky time to be investing in emerging markets. John Authers looks for opportunities and finds that emerging market exporters and frontier markets might be underpriced.
Currency markets like rate rises. But half-hearted central bankers, or those without political support, can easily be overwhelmed by currency traders. James Mackintosh, investment editor, explains why India has succeeded where Turkey and South Africa have failed.
As China prepares to ring in the Year of the Horse, celebrations are expected to be more frugal than previous years as a high-profile austerity and anti-graft campaign gains momentum. Ben Marino reports from Beijing
Following on from the sharp fall in the Argentinian Peso last week, the Emerging Markets sell-off has spread to Asia. Mitul Kotecha, head of global equities Asia at Crédit Agricole CIB, says problems in Thailand and upcoming elections in India and Indonesia are making investors uncomfortable, especially now that tapering is causing capital outflows from the region.
Estimated purchasing managers index from HSBC for China suggests a shrinking manufacturing sector. James Kynge, emerging markets editor, and John Authers discuss if the risks of a shadow banking default will turn a managed slowdown into a hard landing.
Frontier markets climbed by almost a third over the past year, while emerging markets fell. James Mackintosh, investment editor, analyses why and whether this can continue.
Markets often behave like unruly crowds and the urge to follow the herd has intensified. Anne Richards, Aberdeen Asset Management’s chief investment officer, discusses with John Authers emerging markets, bitcoin, and contrarian moves.