Domestic demand in Asia is hampered because central bank monetary easing is unable to flow back into the economy and stimulate spending, according to one ANZ economist. » Read More
Pramod Gubbi of Marcellus Investment Managers says Indian markets are "clearly" moving ahead of fundamentals in anticipation of more reforms and stimulus announcements, which could include a personal tax cut. » Read More |
By: Karen Gilchrist
As India continues to prove itself a formidable force in the global digital innovation stakes, roles in technology are set to gain pace as the country's most in-demand jobs, according to LinkedIn's new emerging jobs report. » Read More |
The U.K. stock market is still stuck "sideways," and that suggests there may not be a clear resolution from the elections, says Daryl Guppy of Guppytraders.com. He also says the Indian stock market may see a correction. » Read More |
Regina Lim of JLL says she foresees more initial public offerings for Singapore and Indian REITs. She also says, in the last 12 months, Singapore REITs have made "very nice strategic acquisitions" that will allow them to deepen their exposure in new markets.
Even if India switches on fiscal stimulus, it doesn't have a lot of room to make a big impact, says Leong Lin Jing of Aberdeen Standard Investments.
Vietnam banks have a rare combination high growth and returns, according to investment bank J.P. Morgan.
James Sullivan of J.P. Morgan discusses predictions for economic recovery in 2020. He says he expects fiscal stimulus and another 50 basis points in rate cuts in India, and that the economy should recover in the second quarter of the year.
India's economy is in really "bad shape" and there isn't much to be positive about in the market, says Sat Duhra of Janus Henderson Investors. Unless big land reforms happen, India is going nowhere, he adds.
Martin Schulz of Fujitsu Research Institute says the "big problem" with Japan's stimulus package is that it is going to be "very slow spending" over the long term, and won't improve the economy in the current or next quarter.
Mark Mobius of Mobius Capital Partners says the Reserve Bank of India did the "wrong thing" by keeping rates on hold. He says it is a "short-term measure" because of inflation concerns.
Jahangir Aziz of J.P. Morgan discusses two possible reasons why the Reserve Bank of India held rates at its December meeting. He says the RBI may be concerned about the country's fiscal deficit.
The Reserve Bank of India surprised markets by keeping its repo rate — the rate at which it lends to other banks — unchanged at 5.15%.
GM's decision to depart India shows the automaker is willing to give up on a growing market in order to maximize profits.
Over the last 20 years the Indian automotive market has grown from about 500,000 new vehicles to 3.5 million in 2018. But some automakers have struggled to make it work. Among them is General Motors, the largest U.S. automaker. GM stopped selling cars in India in 2017, after years of declining market share. Watch this video to find out why automakers, including GM, struggle in India.
Sonal Varma of Nomura says, until the "crisis of confidence" in India's shadow banking sector is resolved, it'll be quite hard for India's economy to "get up and basically run."
As such, the benchmark repo rate — the rate at which it lends to commercial banks — remains at 5.15%.
The asset manager says telco stocks will prove resilient and expects the group to meet or even "modestly best" earnings expectations.
RBI has already slashed the rate at which it lends to commercial banks by 135 basis points since January to boost the economy.
Rajnish Kumar of the State Bank of India says, "in all likelihood," the Reserve Bank of India may cut rates this week. He says there's been a need to push growth in the country.
