Tag: Emerging markets
A New Way to Hedge Forex Could Unlock Trillions for Clean Energy
This is from the Green Daily newsletter. Sign up to receive it in your inbox. Solar and wind power are the cheapest sources of energy in most o [...]
PGA Tour, LIV Golf merger a win for Saudis, sparks criticism
The two-year-long fight between the PGA Tour and Saudi Arabia's LIV Golf ended with a stunning announcement that the archrivals are now joining forces [...]
Popular emerging market FX trade back with global rates peaking
The stars are aligning in favor of a popular currency trade that [...]
Inflation peaked but will remain above pre-Covid levels: Mastercard
Inflation has already peaked, but it will remain above pre-Covid levels in 2023, said David Mann, chief economist for Asia-Pacific, Middle East and Af [...]
Teams ax pro-LGBTQ armbands after FIFA threats
A detailed view of the 'ONE-LOVE' captains armband worn by Georginio Wijnaldum of Netherlands is seen during the UEFA Euro 2020 Championship in Budape [...]
Qatar to reportedly ban beer at World Cup in dramatic reversal
Alex Tai | SOPA Images | Getty ImagesDUBAI, United Arab Emirates — Qatar is banning all beer sales at and around its World Cup stadiums, in a dramatic [...]
A round-trip taxi from Saudi Arabia will cost $532
A general view of the skyline from the Doha Corniche on March 31, 2022.Nick Potts - Pa Images | Getty ImagesDUBAI, United Arab Emirates — The Dubai-ba [...]
Chile has outperformed the S&P 500 this year. Here’s how
For the most part, stocks around the world have taken a beating this year. But there's one corner of the global market that's bucking that trend: Chil [...]
Economy flights from Moscow to Dubai hitting $5,000 as Russians flee
The airline industry has been hamstrung by a perfect storm of challenges over recent weeks, from labor shortages and supply disruptions to rising fuel [...]
Saudi Arabia, GCC demand Netflix remove content that ‘violates Islamic values’
Jakub Porzycki | Nurphoto | Getty ImagesSaudi Arabia and five other Gulf Arab countries issued a joint statement demanding that Netflix remove content [...]
Emerging markets – Philippine peso hits record low as Asian forex hurt by climbing dollar
MANILA, Sept 5 (Reuters): The Philippine peso hit a record low, whi [...]
How Sri Lanka’s economic collapse raises alarm bells for other emerging markets
During the 2010s, Sri Lanka had one of the fastest-growing economies in Asia. Things took a 180-degree turn at the end of the decade as the country's [...]
Emerging markets: Jakarta stocks down over 4% as Asian FX also fall as China lockdowns stoke growth worries
JAKARTA, May 9 (Reuters): Asian markets were in a sea of red on Mon [...]
Ukraine war sees some countries focus on food, fuel, not clean energy
Concerns related to both the energy transition and energy security have been thrown into sharp relief by Russia's invasion of Ukraine. At the same tim [...]
Thai baht at two-week low as Asian forex end 2022 first week in red on hawkish Fed
BANGKOK, Jan 8 (Reuters): Most Asian currencies firmed slightly [...]