Analysis: China’s RRReminder that economies remain fragile
China’s decision on Friday to give its economy a 1 trillion yuan ($154 billion) shot in the arm has given investors a reminder that even the largest economies are likely to need the occasional pick-me-up while the coronavirus pandemic lasts.
Fed pivot, inflation boost emerging market interest rate hikes in June
Emerging markets saw more interest rate hikes in June as a hawkish pivot from the U.S. Federal Reserve amplified inflationary pressures in a number of developing economies.
Analysis: Latam central banks look past COVID as inflation phantoms loom
Latin America’s central banks have become more hawkish as the region’s inflationary ghosts rattle their chains, with a recent pivot by the U.S. Federal Reserve further boosting market expectations of tighter monetary policies.
Ghosts of taper tantrum to haunt EMFX, stir volatility memories: Reuters poll
Volatility risks in coming months are high on the radar of emerging market currency investors still familiar with past Fed tightening, a Reuters poll of strategists found, but commodity prices are offering support amid slow vaccination rates.
Fast and furious first half of 2021 keeps financial markets at full throttle
After the unprecedented pandemic-driven swings in global financial markets last year 2021 was never going to be dull, and so it has proved.
EXCLUSIVE SoftBank leads new funding round in Gympass, valuing startup at $2.2 bln
Gympass, which makes gym memberships more accessible for corporate employees, has raised $220 million in a funding round led by existing investor SoftBank Group Corp (9984.T), more than doubling the startup’s valuation to $2.2 billion.
S&P Global cuts India’s growth forecasts, trims EM overall
S&P Global cut its growth forecasts for some of Asia’s top economies including India, the Philippines and Malaysia on Monday, offsetting upgrades to China and South Africa and much of Latin America.
A family’s vaccine hopes shattered in Brazil
As newly vaccinated people in countries such as the United States and Britain celebrate their freedom from the pandemic, the shots are coming too late for others in the rest of the world. A vicious COVID-19 variant cut through three generations of the large, close-knit Cunha family in Brazil. Within the space of six weeks, several would be intubated and four would die.
Archer’s flying taxi makes splashy debut in heated market
Archer Aviation unveiled its first electric flying taxi “Maker” in a Tesla-style debut on Thursday as an increasing number of investors and aviation companies pile into the hot but yet-to-be-approved urban air mobility space.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
