FinanceAsia Magazine

Issue: March 2016

China’s economic slowdown, $750 billion of capital outflow and a stock market crash have caused China’s neighbours a big headache in 2015.  

In this month’s Cover StoryFinanceAsia’s scores the region’s finance ministers on their performance over the past 12 months, including how they have dealt with the financial tsunami out of China. 

Some battened down the hatches faster than others. 

China’s economy grew at its weakest pace in a quarter of a century last year and financial turmoil made investors suspect the state was losing its grip on the liberalization of markets. 

The Bank for International Settlements warned in February that liquidity has begun to tighten for emerging market economies 

The stock of US dollar-denominated debt of non-banks in emerging markets held steady at $3.3 trillion in the third quarter of 2015, the first time since 2009 that this measure stopped growing.

Exacerbating the problem is that investors think, if there’s a problem in one emerging market, all emerging markets will hurt. 

Investors have been pulling money out of emerging markets since late October, according to fund flows data provider EPFR.

Governments should have seen this coming and kept debt under control, curbed borrowing in currencies that were not their own and bolstered reserves to buffer against volatility in financial markets. 

The Philippines has been one of the few bright spots in Southeast Asia. The country, once dubbed “the sick man of Asia”, has learned its lesson to become one of the most resilient of the region’s economies. 

India is at a tipping point. Finance minister Arun Jaitley faces a dilemma as to whether the Narendra Modi government should curb spending to meet its fiscal deficit target or boost government spending to inspire investor confidence.

Always key, avoid a corruption scandal as that always sends investors scurrying for the exit. 

Malaysia’s Najib Razak, you know who we’re talking about. 

 

About FinanceAsia Magazine

Established in 1996, FinanceAsia is the leading publisher of financial news in the Asia-Pacific region. Our combination of print and online products provide the latest news, analysis and insight into Asia’s financial markets.

Published monthly from our office in Hong Kong, FinanceAsia magazine provides our readers with the latest financial trends, interviews, features and investigative reports. The publication has a readership of key decision-makers at corporations, governments, investment and commercial banks, institutional investors, asset managers, brokers, traders and financial intermediaries.

Our regular sections include:

Data Story
We look at the key data behind a topical theme in Asian finance, showcased with an array of graphs and tables.

Greenshoe
A monthly opinion column from the FinanceAsia editorial team. We provide our thoughts on a topic making the headlines.

Deal of the Month
Our regular two-page spread with its signature artwork and in-depth analysis examines the equity, debt or M&A deal that we feel has had the biggest impact on the Asian capital markets that month.

Investor Dialogue
For company CEOs and CFOs, what investors think is a critical concern, and in this column we help them understand just this. Each month we speak to a Chief Investment Officer of a top fund and outline their views on corporate governance, what stocks they like and where they expect to generate the best returns.

Soapbox
A monthly opinion piece from a respected author or commentator on Asian business, finance or economics.

People on the Move
Here we summarise the key hires, fires and moves at the region’s banks, highlighting at least one major move each month.

Deal Tracker
We examine the major primary markets deals of the month and comment on the quality of the debt or equity transaction and the secondary market performance.

The Arts of Finance
A light-hearted look at investment opportunities surrounding the arts business in Asia.

 

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