Home 

Cheap home care for the elderly: China tech makes inroads into emerging and fast growing market

Charging elderly clients just one yuan (US 15 cents) a day, little-known Lanchuang Network Technology has embarked on one of the most ambitious undertakings in aged care by a private sector firm in China.Provided with a set-up box, a webcam paired with a TV set and “Xiaoyi”, a Siri-like voice assistant, customers gain access to telemedicine and an SOS system as well as paid-for services that include housekeeping and meal deliveries.A small robot that can ring up a medical centre in response to… Source link

Read More
Home 

Companies from emerging markets like China are now in the big league, and global investors want to play

Since China joined the World Trade Organisation in 2001, there has been a significant shift in the contribution of gross domestic product from developed markets to emerging markets.In nominal US dollar terms, emerging markets’ share of GDP has risen to 45 per cent from 20 per cent, or, expressed in purchasing power parity terms, from 45 per cent to 60 per cent.Changes in global trade patterns reflect this shift in activity. Whereas two decades ago, the bulk of international trade took place… Source link

Read More
Home 

Emerging markets are pulling in funds, but is investor optimism justified?

This time last year, the MSCI Emerging Markets Index, a leading gauge of stocks in developing economies, was halfway through a brutal sell-off triggered by tighter monetary policy in the United States and the escalation of the US-China trade war.Fast forward a year and the index is up 7 per cent since the end of May, bringing its year-to-date gain to 9.3 per cent. In the latest Bank of America Merrill Lynch fund manager survey, which was published last week, emerging markets remained the most… Source link

Read More
Home 

Hung Hom’s connectivity with emerging business hubs in Hong Kong is lifting the fortunes of the former industrial area

In military circles, they say that amateurs talk about tactics, but professionals study logistics. Looking at the way property markets have developed in recent years, I’ve come to the conclusion that something similar applies in real estate.Don’t worry, I’m not suggesting war has broken out. At least not yet. What I mean is that the mantra “location, location, location” is no longer enough. These days, it is “connections, connections, connections” – the construction of transformative transport… Source link

Read More
Home 

Business Groups Are Driving Economic Growth in Emerging Economies

[Sponsored Article] Our world is connected. This is true in all walks of life and the business world is no exception. According to a report by Forbes, 69 percent of the 2,533 firms in 26 emerging markets are family-owned. Hutchison Whampoa Limited, owned by famous Hong Kong tycoon Li Ka-shing, is just one example of a powerful business group. “A business group is a collection of legally independent firms that are bound by formal economic ties such as ownership, financial and commercial… Source link

Read More
Global 

Could China dump its US Treasuries to fight the trade war? A contrarian view is emerging in Beijing

As American pundits and polls dismiss the idea that China would dump its massive holdings of US Treasury debt as retaliation against US tariffs, a contrarian view is emerging in Beijing that the government may use the securities as a “weapon of last resort”. China’s US$1.12 trillion holdings account for just 5 per cent of total US national debt, which may mean any material damage on the US economy stemming from a bond sales would be limited. In addition, even if it did cause market volatility,… Source link

Read More
Home 

Where has all the money gone? US-China trade war triggers capital flight from emerging Asian markets

Trade war fears have triggered abrupt capital flows around the globe, as funds flee equities to seek shelter in lower risk assets and less trade dependent regions.Data from Jefferies and the Institute of International Finance showed that emerging markets saw the largest capital outflow in eight months, while inflows into bond funds grew at their fastest pace in 17 years. Global equities ETF (exchange-traded funds) meanwhile posted a combined outflow of US$22.6 billion over the past two weeks,… Source link

Read More
Home 

A dovish Fed and other central banks could save emerging markets from a repeat of last year’s turmoil

Exactly a year ago, developing economies were in the throes of a severe sell-off triggered by the escalation in trade tensions and the surge in the US dollar. The sharp decline in emerging market assets over the past month has worrying echoes of last year’s turmoil.Within a two-month period, beginning on April 1, 2018, the MSCI Emerging Market Equity Index – one of the main gauges of stocks in developing nations – fell just over 8 per cent. This year, the index has already lost 7 per cent since… Source…

Read More
Vietnam 

Vietnamese mid-corporates need new strategies in emerging technologies – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    An assembly line at Refrigeration Electrical Engineering Corporation. To finance investments and fund cross-border business expansions, mid-corporates need to work with specialised regional partners. Photo reecorp.com HÀ NỘI — Mid-sized corporates in Việt Nam and other ASEAN countries need to devise new strategies, from digitalisation to partnerships and overseas ventures, to build growth against major shifts in their respective sectors of operation, according to a Standard Chartered thought leadership report. ASEAN – a region facing disruption: positioning mid-corporates for growth in Southeast Asia (ASEAN Report), released on Monday, also identified talent,…

Read More
Vietnam 

Emerging East Asia bond market expands but concerns persist – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News MANILA — Investor sentiment toward emerging East Asia’s local currency bond markets has improved but there are concerns about financial stability in the region, including ongoing trade conflicts, according to the Asian Development Bank’s (ADB) latest issue of the quarterly Asia Bond Monitor.  At the end of 2018, there were US$13.1 trillion in local currency bonds outstanding in emerging East Asia, 2.4 per cent more than at the end of September 2018 and 11.9 per cent more than at the end of 2017. Yields have…

Read More