Know What's Happening in Emerging Markets
Know What's Happening in Emerging Markets
Emerging Markets Pulse
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
Global funds withdraw $18.84 bn from Indian equities, pushing Nifty down 8%
In just over three months, foreign investors pulled $18.84 bn from Indian stocks, setting a new outflow record and dragging the Nifty 50 lower by 8%. The sell‑off erased roughly $600 bn of market value, while domestic investors added $31 bn this year.
Also developing:
By the numbers: Madica invests $600K in three African startups
Taiwan’s Kuomintang chair Cheng Li-wun met Chinese President Xi Jinping in Beijing – the first such encounter in over a decade – as the island’s $40 billion special defense budget stalls and a $14 billion U.S. arms package hangs in limbo. The meeting, framed as a peace overture, has ignited fresh debate over Taiwan’s security spending, cross‑strait trade, and the broader geopolitical risk premium on Asian markets.
The Iran war has triggered a sharp surge in global fuel prices, pushing U.S. gasoline costs up 21% and sparking the steepest inflation rise in nearly four years. Consumer confidence in the United States and Canada has slumped to record...
Foreign institutional investors purchased roughly $7 billion of Indian small‑cap shares in the Jan‑Mar 2026 quarter, increasing stakes in Shringar House of Mangalsutra, Granules India and Repco Home Finance. The buying runs counter to a $13 billion net outflow from Indian equities,...
India's import routes for crude oil, natural gas and especially LPG rely on the Strait of Hormuz at rates higher than the global average, exposing a strategic vulnerability. Officials say diversification of supply sources and domestic gas expansion are under...
The Reserve Bank of India reported a $9.06 billion rise in foreign‑exchange reserves to $697.12 billion for the week ended April 3, 2026. The surge, driven by a $7.22 billion jump in gold holdings and a $1.78 billion increase in foreign‑currency assets, reinforces a buffer...
Exxon Mobil said its Stabroek Block offshore Guyana holds roughly 11 billion oil‑equivalent barrels, with production poised to climb from 875,000 bpd at end‑2025 to over 1 million bpd before 2026. The find could reshape global supply and boost Guyana’s economy.
Sunil Singhania says the West Asia conflict has heightened oil prices and supply‑route worries, feeding volatility into Indian equities. He notes that roughly 90% of the conflict‑related risks are already priced in, leaving a favorable risk‑reward balance. Domestic investors continue...
The World Bank and IMF will convene their annual meetings in Washington on April 13, amid escalating tensions after the US‑Israel strike on Iran. The conflict threatens global supply chains, especially energy flows through the Strait of Hormuz, and could dampen...
Iran’s war with Israel has forced the closure of the Strait of Hormuz, choking the main oil transit route into Asia. Thailand, heavily reliant on imported crude, is experiencing an acute fuel shortage that is rippling through tourism, farming, street‑food...
The six‑week Iran‑UAE conflict has exposed financial and operational vulnerabilities for Asian digital entrepreneurs using Dubai as a launchpad. Drone and missile attacks disrupted the Strait of Hormuz, spiking oil to about $100 a barrel and tightening freight liquidity, while...
Mark Sobel: "That relates to this year’s focus on global imbalances for the G7, G20 and IMF. French President Emmanuel Macron, current G7 chair, wants concrete commitments to reduce them. The US, as G20 president, is also paying attention, mainly...
The reopening and subsequent closure of the Strait of Hormuz have driven Brent crude to $100‑$105 a barrel, inflating fuel and petroleum‑based raw material costs for Chinese manufacturers. Higher freight rates—up to four times normal—are prompting firms to delay or...
The United Arab Emirates has demanded the repayment of a US$3.5 billion deposit held by Pakistan's central bank, signaling a sharp diplomatic rift after Islamabad helped broker a cease‑fire in the Iran war. The demand comes just days after Pakistan’s mediation...
Two months: that’s how long it might be before the Strait of Hormuz opens and resumes transit akin to before the war (from National Economic Council Director Kevin Hassett). Translation: We F’d up so bad and had zero plans to deal...
Big Pharma Is Turning to China for the Newest Drug Ideas—China’s biotechs are faster and have lower costs, and its drug research threatens to soon overtake the West’s @Loftus https://t.co/YszgDfNlwc https://t.co/YszgDfNlwc
Investec Bank Limited has closed a $200 million senior unsecured loan with the International Finance Corporation, complemented by a $3.8 million UK‑backed incentive, to finance sustainable residential and commercial developments across South Africa. The facility targets projects that meet recognised green standards,...
The risk-reward of pursuing war on Iran appears to have shifted for Washington and that helps fan hopes that despite the initial difficulties the ceasefire could stick. Some promising noises from Ukraine and Russia talks. Hungary election tomorrow. See https://t.co/C24lO3Uz3T...
That says the Trump administration is ready for a deal with Iran, but is Iran ready? Is Netanyahu ready? US likely to extend Russian oil waiver to temper Iran war shock, sources say https://t.co/jMSFlgcOrq
Smart Axiata, the Cambodian arm of Malaysia's Axiata Group, has obtained a $50 million financing facility from Maybank Cambodia to speed up 5G network deployment and broader digital infrastructure. The deal aligns with Cambodia’s Digital Economy and Society Policy Framework and...
KMT Chair Cheng Li-wun just met Xi Jinping. Events like this matter far beyond the Taiwan Strait https://t.co/QoX0QEMgRk https://t.co/RrjzHha4Xd
Kearney’s 2026 Foreign Direct Investment Confidence Index reveals that 88% of senior executives intend to expand FDI in the next three years, while 84% say industrial policy now drives capital allocation. The findings come as China climbs to fourth place...
Deputy Secretary of State Christopher Landau told the Atlantic Council’s Global Prosperity Forum that the United States must mobilise its private sector to out‑compete Chinese firms across emerging economies. He outlined a three‑pronged commercial‑diplomacy strategy, warning that without risk mitigation...
Kenya's central bank governor Kamau Thugge said Nairobi will resume IMF negotiations in Washington this month, signaling a softer stance after the Iran‑US conflict widened the current‑account gap and forced a downgrade of the 2026 growth forecast to 5.3%. The...
Deputy Prime Minister Alexander Novak told reporters Russia will lift oil output to 515 million metric tons in 2026 – about 10.3 million barrels per day – up from 512 million tons in 2025. The forecast comes as Moscow seeks to boost domestic...
Journalists, politicians, and so-called experts all omitting (disingenuously, I reckon) to mention that the Strait of Hormuz is not “high seas”, it is fully within the territorial waters of Iran and Oman. RNZ still framing it all as US sycophants...
The Stock Exchange of Thailand (SET) experienced extreme volatility in March after Israel and the United States began bombing Iran, triggering a circuit‑breaker when the index dropped 8% on March 4. Oil prices surged nearly 40%, sending diesel to over 50 baht...
JUST IN: Iran demands the release of its blocked assets and a ceasefire in Lebanon before entering talks.
A cease‑fire in the Iran conflict has steadied global risk assets, but Singapore’s foreign affairs minister warned that the worst‑case energy‑supply shock is not fully priced in. Singapore responded with about S$1 billion (≈ $785 million) of support measures and urged reduced electricity...
A fragile cease‑fire in the Middle East sparked a brief rally, lifting the S&P 500 3.6% – its strongest jump since November – while emerging‑market equities and Bitcoin surged. Wall Street strategists, however, warn the war has already scarred inflation, energy...
Neuron Energy plans 5 GWh battery storage factory in India #energysky -- via pv magazine global: https://t.co/lCGZ48gTkw
The Asian Infrastructure Investment Bank announced that climate‑related projects will receive $5.6 bn in 2024, representing 67% of its total approved financing. The bank is scaling policy‑based loans, private‑capital partnerships and cross‑border grid initiatives to accelerate low‑carbon transitions in emerging Asian...
Cuban Foreign Minister Bruno Rodriguez said the United States is extorting Latin American governments to terminate decades‑old agreements that send Cuban doctors abroad. The claim comes as Guatemala, Honduras, Jamaica and Guyana have pulled the plug on the program that...
All the while the US has a massive additional deployment to the region underway. Will they stand it down or turn it back? I doubt it.
China’s deflation streak is FINALLY OVER. Yesterday, after 41 straight months in the red, China’s Producer Price Index (PPI) finally ended -- barely -- at 0.5%/yr. https://t.co/Ysgkv6ogB2
Thai export growth is expected to stall at 0‑1% this year as the Middle East conflict disrupts supply chains and dampens demand in key markets. The partial reopening of the Strait of Hormuz with Iranian tolls raises shipping costs, while...
U.S. equities slipped on Friday as investors grew wary of rising inflation and the upcoming U.S.–Iran talks in Islamabad. The Dow Jones fell 0.6%, the S&P 500 edged down 0.1%, while the Nasdaq rose 0.4% after a week‑long rally. Market sentiment...
Brazil's domestic equity funds attracted $883 million (about BRL 4.5 billion) of foreign money in the week to April 9, 2026, while equity funds across emerging markets recorded net outflows of $3.9 billion. The inflow, driven largely by index‑fund purchases, underscores renewed confidence in Brazil’s...
Am sure Yufan describes the basic view of many in Beijing -- At the same time, the world has already made enormous accommodations to China, and I am not sure China has made much effort to accommodate other creditors that also...
My video looking out over the coming week: Market Outlook Should a Ceasefire Fail or Hold https://t.co/MVQDZY94oJ https://t.co/Ir3CZFs9DE
Alisha Chhangani was quoted in a House of Saud analysis describing how Iran circumvents U.S. sanctions to continue oil shipments to China. The piece outlines Tehran's use of covert shipping routes, shell companies, and diplomatic channels to mask the origin...
The Atlantic Council hosted a front‑page event featuring World Bank Group President Ajay Banga, whose remarks were subsequently highlighted in a Reuters piece on the slowdown in global growth. Banga warned that the ongoing Middle East conflict is pushing oil prices...
Iran’s parliament is trying to ensure that Hormuz transit fees will be paid in RIAL. I currently measure that the Iranian rial has APPRECIATED by 9% vs. the USD since the beginning of the US-Israeli war on Iran. STAY TUNED. https://t.co/o5Mv9sigwg
While everyone is focused on variations of this chart, the story reposted below might be more important. Essentially, only Iranian-linked ships are passing through the Strait; no one else. https://t.co/SvcJA7aoSC
The post argues that decades of foreign interference—first by Britain and the Soviet Union, then by the United States and Israel—have kept Iran under a sanctions‑driven siege despite its vast oil wealth. It highlights that 90% of Iran’s crude exits...
White House/Trump. Opening the Strait will not happensoon. Delays with the Strait mean the impact will start to hit the US. And make global situation worse. What then? Will supply chains find a tenth circle of hell?
1. Then open the waterway. 2. Tell us what China and/or Russia have threatened in retaliation for flattening Iran. https://t.co/0WWO6gawpE
Nano Nuclear Energy, a U.S. nuclear fuel company, announced a $230 million-plus investment to revive Argentina’s state‑run Dioxitek New Uranium Plant in Formosa. The deal, structured in two phases, would bring the stalled facility online, produce uranium dioxide domestically and eventually...
My view with @LenaPetrovaOnX on the outcome of the US-Israeli war on Iran: “The outcome of the war is unambiguously bad for the world economy… except for Russia and China, with Russia being a big winner.” https://t.co/5Rj36XtJ4O
Based on this, US-Iran talks aren't going well 👎 Markets telling same story with stocks lower, gold lower, US dollar strengthens, oil rebounds https://t.co/ZmGKsaR6y5
GE Vernova’s 2024 spin‑off and the meteoric rise of its Indian transmission‑and‑distribution arm have positioned the company as a premier B2B supplier to utilities. A 2,800% stock gain, a 56% YoY revenue jump and a ₹14 trillion order backlog underscore the...
