Investments in Russia: Frost & Sullivan Focuses on Growth Opportunities Dec 15, 2008
Currently, Russia is the world's second biggest producer of oil, it is not dependent on foreign capital flows, is relatively stable politically, boasts reasonable market valuations as well as having access to the biggest growth story of our time, Asia. Having studied and pioneered growth consulting in Russia for many years, the global growth consulting and partnership company Frost & Sullivan recently launched a service covering Russia and CIS (Commonwealth of Independent States) focused on... (PR Newswire)
Should India raise dollar funds? Nov 21, 2008
That said, foreign capital flows have played an important role in sustaining Indias growth momentum. ECBs have accounted for $22 billion of fund 00004000 ing to industry in FY08 and seen in this positive light, there is a case for dollar funds. (India Times)
The four horsemen ride Nov 18, 2008
External events deteriorate, global risk aversion increases, foreign capital flows out strongly and the rand falls victim. Our policymakers refuse foreign assistance, and decide on forcefully rearranging the economy, raising interest rates, cutting back domestic demand, deeply cutting imports while boosting exports (the interaction between weak rand and higher interest rates), aiming to restore a current account surplus. (iAfrica.com)
Financial crisis has one beneficiary: The dollar Oct 23, 2008
Foreign capital flows into Britain have fallen sharply, King said, and if they are not replaced by other forms of external finance, Britain will have to rapidly reduce its imports and the pound will have to fall to make up the difference. The great exception to this dollar strength is the yen. (International Herald Tribune)
Indian life insurance industry insulated Sep 21, 2008
However, this has been primarily due to the volatility in the foreign capital flows into the Indian markets. India is expected to clock a GDP growth of around 7. (India Times)
Credibility crisisat the BoT Aug 1, 2008
The contrarian governor also said she had "no regrets" about her controversial decision in December 2006 to impose capital controls on foreign capital flows to stem what was then a fast-appreciating baht. That policy was wildly unpopular with foreign investors, who were required to put up a 30% non-interest-bearing deposit on all currency and bond transactions, and investor resentments linger. (Asia Times Online)
Foreign Capital Flows and Growth: Is Europe Different? -- A Commentary by Ashoka Mody Jun 20, 2008
Foreign Capital Flows and Growth: Is Europe Different ... Foreign Capital Flows and Growth: Is Europe Different ... But as countries become richer, current account deficits (capital inflows) decline (for given levels of international financial integration) as does the growth dividend from foreign capital flows. (IMF News)
Developing world to slow: World Bank Jun 10, 2008
The slowdown could be harsher in developing countries that depend on foreign capital flows, as credit market problems prompt a tightening in lending conditions. The World Bank said the downturn in developed markets should be relatively short-lived and it forecast a pickup in 2009 and a full recovery by 2010. (Sydney Morning Herald -- Business)
Is the market bottom in sight? May 12, 2008
Despite this, a GDP growth number just shy of 8% is indeed quite robust relative to most other competing emerging markets and has the potential to attract strong net foreign capital flows. Though there is a lull on this front currently on the back of international financial market turbulence, it is unlikely that such a situation will continue for long and even more unlikely that the robust India growth story will be ignored by international investors. (India Times)
Loonie's lovers look at others Dec 7, 2007
A recent Merrill Lynch & Co. Inc. report said that, based on global trade and foreign capital flows, the yen looks 19 per cent undervalued. Some of the yen's underperformance has been fuelled by the carry trade, in which investors sell yen to buy other currencies offering higher interest rates. (Globe and Mail -- Business)
Boost local funding Nov 29, 2007
Apropos of The 250-billion dollar question (ET, Nov 26), the imposition of fresh capital control measures to curb ever-rising foreign capital flows at this juncture, even if feasible, must be undertaken with caution. Abrupt and harsh steps might prove counter-productive and hurt the genuine foreign investment sentiment besides taking India off the list of favoured investment destinations. (India Times)
Money Is Key to Solving Many of China's Puzzles: Andy Mukherjee Nov 15, 2007
The only other alternative for residents to acquire money was by tapping foreign capital flows. But unlike in the U.S., where a subprime-mortgage borrower can access capital from a German bank (and land it in trouble), China's financial system is much more closed, Mussa says. (Bloomberg -- Columnists)
Bullstreet:MFs,FIIs go the contra way Nov 6, 2007
Slowdown in foreign capital flows into Indian shares is not good news for bulls as such investments have been instrumental in driving up the market in the five-year bull run. The influence of foreign institutional money is evident from the recent 4,000-point rise in the Sensex from 15,000 in a little over a month. (India Times)
India Raises Banks' Reserve Ratios to Slow Inflows, Keeps Rates Unchanged Oct 30, 2007
If they want to slow foreign capital flows, interest rates need to be cut,'' said Paresh Nayar, chief foreign exchange dealer at the Development Credit Bank Ltd. in Mumbai. That will discourage arbitrage. (Bloomberg -- Asia)
Fears for dollar as Saudis take fright Sep 22, 2007
The risk is that this could accelerate as the yield gap between the US and the rest of the world narrows rapidly, leaving America starved of foreign capital flows needed to cover its current account deficit, which is expected to reach $US850 billion this year, or 6. 5 per cent of gross domestic product. (Sydney Morning Herald -- Business)
Australia an economic canary for Greenspan Sep 19, 2007
" Greenspan said the Australian housing boom that peaked in 2003 and was followed by a slump in property prices, occurred two years before a similar trend in the US. He also thinks there are lessons to be learned about the sustainability of running long term current account deficits. "I continually monitor Australia's current account deficit, which has persisted far longer (since 1974) than that of the United States with no evident significant micro-economic impact other than large increasing... (The Age, Australia -- Business)
Economy grows at robust 9.3% in Q1 Sep 2, 2007
In addition, as RBI warned on Thursday in its annual report for 2006-07, any further fallouts in the housing market in the US could lead to a reassessment of global risk and thereby impact foreign capital flows to emerging market economies such as India. Indeed, US Federal Reserve chairman Ben Bernanke, speaking in Jackson, Wyoming, noted that while problems were triggered largely by heightened concerns about higher-risk subprime mortgages made to people with blemished credit histories or low... (Livemint)
Watch out for outflows, emerging markets warned Jul 31, 2007
They were relevant to South Africa, an emerging market particularly vulnerable in times of rising risk aversion as its financial markets are liquid and there are no restrictions on foreign capital flows. This makes it a soft target for investors wanting to cut exposure to emerging markets. (Business Report, South Africa)
Traditional insurance products will not go out of vogue Jul 8, 2007
We believe the equity market will remain buoyant, given the rising corporate profits on one hand and strong foreign capital flows into Indian markets on the other. While markets have delivered super-normal returns in the last 3-4 years, our expectations going forward are modest in line with sustainable corporate profit growth, which is likely to be in mid-teens range. (Financial Express)
10 years after crisis, Asia must trim reliance on exports, attract investment: IMF expert Jun 5, 2007
The crisis started when foreign capital flows, which had sustained investment in property and other projects, rushed out of Thailand, leading to a rapid devaluation of the baht. The crisis spread through the region, with Indonesia and South Korea also falling into recessions. (International Herald Tribune -- Sports)
Don't worry, rupee isn't really rising May 9, 2007
The RBI has ceased market intervention to keep the real effective exchange rate (REER) at the 1993-94 level, in the face of an unstoppable flood of dollars through remittances and foreign capital flows. Critics moan that rupee appreciation will hit exports, growth and employment. (India Times)
Korea Apr 29, 2007
Asia Times Online :: Korea News and Korean Business and Economy, Pyongyang News (Asia Times Online)
Fed must pay 'greater attention' to global forces Mar 3, 2007
To understand and evaluate conditions in the bond market, he said, "the Fed must take into account the various effects of foreign capital flows on US yields and asset prices, a task that can be quite challenging.". But Mr Bernanke insisted the Federal Reserve has not lost control of the key levers it needs to shape monetary conditions in the US economy. (MSNBC -- Business)
China says to use tariffs to promote trade balance in 2007 - Xinhua Feb 23, 2007
Meanwhile, new policies will be launched this year, with import tariffs to be used to guide foreign capital flows into the hi-tech, agricultural and manufacturing sectors. The official also said the ministry will also use more import tariff preferential policies to encourage energy and resource imports to meet domestic demand. (Forbes -- Markets)
Will India go down the E Asia road? Feb 4, 2007
First, unlike in most of these countries, equity markets are quite well developed, so banks are the major intermediaries of foreign capital flows. Second, a major reason for the decline in property prices in Thailand where the crisis began in July 1997 was an oversupply of real estate. (India Times)
Teflon Thailand proves resilient despite crises Jan 24, 2007
Despite restrictions imposed last month on foreign capital flows and a crackdown on foreigners using a loophole to maintain control of their companies, the largest investors in Thailand are not budging. Tetsuji Banno, head of the Japanese Chamber of Commerce in Thailand, was quoted by Thai newspapers Tuesday as saying that none of the chamber's 1,200 members were planning to withdraw investments from Thailand. (International Herald Tribune -- Business)