Emerging Markets News and Headlines
Emerging Markets News and Headlines
Emerging Markets Pulse
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Every morning
Weekly
Tuesday recap
House Justice Committee chair Rep. Gerville Luistro announced that impeachment proceedings against Vice President Sara Duterte will commence on March 2, a process she says will influence voter sentiment ahead of the 2028 presidential election, where Duterte has already declared her candidacy. The committee emphasized adherence to procedural rules, noting the previous fast‑track impeachment of Duterte was struck down as unconstitutional. Meanwhile, Senator Risa Hontiveros publicly declined to meet Chinese Ambassador Jing Quan, insisting the envoy apologize first for remarks that sparked Senate Resolution No. 256 condemning Chinese interference in the West Philippine Sea. The diplomatic standoff underscores ongoing tensions between the Philippines and China over regional security and public perception.
India will revamp its real‑GDP calculation by adopting a double‑deflation approach that blends 500‑600 price items from the consumer‑price index and the wholesale‑price index, replacing the earlier 180‑item basket. The new methodology, slated for release on 27 February with a...
Esperanza Fintech Securities secured approval from Hong Kong's Securities and Futures Commission to launch Asia's first regulated tokenized investment platform focused on live entertainment. The firm will issue security tokens through a managed fund, lowering entry barriers and enabling secondary‑market...
Phuket is rapidly emerging as Thailand’s next real‑estate hub as developers pivot from a saturated Bangkok market. Sansiri announced a 24 billion‑baht sales target, planning about 20 new projects—including 13 luxury villas and a Bang Tao condominium—by 2028. Rival firms such as...
Japan’s economy minister Ryosei Akazawa asked U.S. Commerce Secretary Howard Lutnick to ensure Japan is not treated less favorably under the new 150‑day tariff regime that replaces the invalidated reciprocal levies. The U.S. Supreme Court struck down President Trump’s global...
Bangladesh’s new government has formally asked the United Nations to delay its graduation from least‑developed country (LDC) status. The request cites mounting macroeconomic stress, trade uncertainty and institutional weaknesses. Deferring graduation would preserve preferential trade benefits that shield Bangladeshi exports...
President Donald Trump enacted a 10% global tariff on Tuesday, following a Supreme Court ruling that invalidated his earlier sweeping duties. The administration is preparing a formal order to lift the levy to 15%, though a timeline remains unclear. The...
India’s Directorate General of Foreign Trade has slashed RoDTEP export rebates by 50%, cutting both rates and value caps across all eligible categories. The move raises the effective cost of exporting, especially for price‑sensitive goods such as textiles and raw...
Xflow, a Bengaluru‑based fintech, closed a $16.6 million Series A round led by General Catalyst with participation from Stripe and PayPal Ventures, valuing the company at $85 million post‑money. The startup now has over $32 million in total funding and processes roughly $1 billion in...
Japan is overhauling its national security strategy as U.S. “America First” policies erode traditional defense guarantees. Rising Chinese assertiveness, the spillover of the Ukraine war, and rapid advances in drone and AI warfare have forced Tokyo to prioritize strategic autonomy....
On February 9, Jemmia Joint Stock Company welcomed UAE Ambassador Dr. Bader Almatrooshi to its Ho Chi Minh City headquarters for a Vietnam‑UAE trade dialogue. The session gathered Vietnamese firms from real estate, agriculture, robotics, renewable energy and other sectors to discuss cooperation...
India plans to raise 1.79 trillion rupees (about $19.7 billion) by selling stakes in state‑run firms through IPOs by the 2029/30 fiscal year. The effort is part of a broader $183.7 billion asset‑monetisation drive announced by NITI Aayog, following an earlier phase that fell...
Pakistan’s military responded to a spate of cross‑border attacks by launching airstrikes in Afghanistan’s Nangarhar and Paktika provinces, claiming to hit TTP sanctuaries and killing dozens of militants. Kabul rejected the narrative, saying the strikes hit a religious school and...
China’s state‑owned COMAC is exporting its C909 and C919 aircraft alongside tailored financing, leasing and equity deals, turning planes into long‑term financial levers. The most visible case is Laos, where COMAC holds a 49% stake in Lao Airlines after a lease‑to‑equity...
Kaspersky Lab faces a cascade of Western sanctions that have crippled its European and U.S. operations. Germany’s BSI warning has slashed German sales by roughly 80%, while the U.S. Treasury and Commerce departments have barred Kaspersky products and placed senior...
Blue Planet Environmental Solutions, a Singapore‑based leader in sustainable waste management, announced the formation of Blue Planet Environmental Services L.L.C. in Dubai. The new UAE entity will deliver integrated circular‑economy solutions—including organic waste recovery, recycling, landfill mining, and industrial services—across...
Thailand’s labour productivity has stalled, averaging just 2.1% growth from 2015 to 2023, down from 3.7% in the 1990s‑2010 period. OECD product‑market regulation (PMR) scores rank the country among the most restrictive economies, with a 2.4 rating – the fourth...
Five and a half years after the Abraham Accords, U.S. and Israeli officials argue that regional integration remains viable despite the Gaza war and a Saudi‑UAE rift. The article stresses that advancing phase two of Trump’s Gaza reconstruction plan—contingent on...
Apple announced it will begin assembling a portion of its Mac Mini desktop computers at Foxconn’s new plant in north Houston later this year, while maintaining Asian production lines. The move aligns with the company’s broader $600 billion U.S. investment commitment...
Visa announced the acquisition of Argentina’s Prisma Medios de Pago and the fintech platform Newpay, marking a strategic push into Latin America’s payments ecosystem. The combined deal, valued at over $200 million, will be funded largely with cash. By integrating Prisma’s...
Donald Trump’s tenure produced headline‑grabbing pro‑Israel actions, including the Abraham Accords, the Jerusalem embassy move, and the killing of Qasem Soleimani, which were celebrated as diplomatic victories. Yet the article argues that his maximalist, transaction‑focused style has created strategic liabilities for...
Union Commerce Minister Piyush Goyal held a virtual meeting with Canada’s International Trade Minister Maninder Sidhu to revive the stalled India‑Canada Comprehensive Economic Partnership Agreement (CEPA). The dialogue coincides with Canadian Prime Minister Mark Carney’s upcoming visit to India and...
Turkey’s Ministry of Transport and Infrastructure has secured a US$2 billion World Bank loan, part of a US$6.75 billion financing package that includes the Asian Infrastructure Investment Bank, ADB, EBRD, Islamic Development Bank and OPEC Fund. The Istanbul North Rail Crossing Project...
Europe wrestles with whether to engage Russia as the Ukraine war stalls, recognizing that Putin’s aim of reshaping European security leaves little room for a genuine settlement while he remains in power. A cease‑fire that does not protect Ukraine’s sovereignty...
EU export bans targeting military‑relevant goods after Russia’s invasion were initially narrow, covering only specific product variants. Transaction‑level customs data show three evasion channels: partially sanctioned variants, transit shipments declared en route, and rerouting through third‑country hubs such as Turkey....
Kazakhstan’s oil export pathway is under heightened risk as Ukrainian drone attacks cripple the Caspian Pipeline Consortium (CPC) loading facilities in Novorossiysk, cutting December shipments by roughly 22 percent. The CPC pipeline, which moves over 80 percent of Kazakhstan’s oil,...
India’s 2026‑27 Union Budget earmarked roughly $2.4 billion (₹20,000 crore) for a national carbon capture, utilisation and storage (CCUS) programme targeting steel, cement and other heavy‑industry emitters. The funding marks a shift from research‑only projects to a full‑scale industrial strategy, driven by...
U.S. forces are assembling their largest deployment since the 2003 Iraq invasion as diplomatic overtures continue with Iran. Both sides have scheduled talks for Thursday, while Tehran declares openness to dialogue but also readiness for war. President Donald Trump's mixed...
Kazakh authorities have fined journalists and a media outlet for conducting online polls about the March 15 constitutional referendum, citing violations of the country’s referendum‑survey law. The Prosecutor General’s Office requires pre‑approval for any poll, a rule that has blocked...
President Donald Trump issued an executive order declaring a national emergency over Cuba and threatening tariffs on any nation that continues supplying oil, effectively targeting Mexico, Cuba’s primary oil source. In response, Mexico halted its daily oil shipments to Cuba,...
The U.S. Supreme Court struck down the Trump administration’s tariffs, sparking a rally in Chinese equities and the iShares China Large‑Cap ETF (FXI). FXI now trades at a blended P/E of 13.27 and a 2.37% yield, well below the S&P...
Analysts label today’s geopolitical rivalry a "New Great Game" pitting the United States against a China‑Russia alliance. The contest spans Central Asia, the Middle East, the Arctic and the Indo‑Pacific, driven by competition for fossil fuels, rare‑earth minerals and strategic...
Kazakhstan’s state‑controlled miner Kazatomprom announced a new contract to supply fresh uranium to India, reinforcing the latter’s nuclear fuel pipeline. The deal follows earlier agreements that delivered 2,100 tonnes in 2009 and 5,000 tonnes between 2015‑19. While exact volumes were...
The World Bank announced a $10 bn financing package for Mozambique, including $6 bn of mostly concessional public‑investment funding and an additional $4 bn earmarked for private‑sector projects. A $921 m grant from the International Development Association’s 21st replenishment is also part of the...
The Indian government has commissioned a study to evaluate how rapid formalisation and digital transformation are affecting workers, especially those in the informal sector. The finance ministry tasked the labour ministry and EPFO to conduct the research through the Pandit...
In January, African investors and executives launched the Africa Tech 50 Index (AT50) at the London Stock Exchange to benchmark how prepared African startups are for public listings. The index uses a six‑pillar framework covering valuation momentum, revenue strength, liquidity,...
Central Park Towers, a $500 million integrated luxury resort, is under construction on Kazbegi Avenue in Tbilisi and slated to open in 2027. The 24‑hour destination will combine roughly 1,200 hotel rooms with high‑end retail, dining, wellness, entertainment and a 4,000‑guest...
Anna Wieslander, Director for Northern Europe, published an analysis in the Royal Swedish Academy of War Sciences critiquing the U.S. National Security Strategy released by the Trump administration in November 2025. She argues the strategy leaves Europe squeezed between an...
Chad shut its eastern border with Sudan after weekend clashes killed five Chadian soldiers and three civilians in the border town of Tine. The fighting involved Sudan’s Rapid Support Forces and militia loyal to Khartoum, reflecting the spill‑over of Sudan’s...
The article argues that Japan must step up its role in Micronesia to help counter China’s expanding footprint across the Western Pacific. The United States relies on COFA agreements that provide billions in aid and unrestricted base access, yet implementation...
Lebanese officials are debating selling or leasing part of the country’s 280‑ton gold reserves, now worth roughly $45 billion after a 70 % price surge. The gold, the largest Middle‑East reserve after Saudi Arabia, could fund a financial‑gap law essential for an...
The Inter‑American Development Bank’s new market study highlights how rapid renewable‑energy growth is overloading transmission networks across Latin America and the Caribbean. It introduces Grid‑Enhancing Technologies (GETs) as a suite of solutions that can boost line capacity, improve stability, and...
Private investors are entering Africa’s electricity transmission sector, marked by Uganda’s $50 million Amari project—the continent’s first independent transmission project (ITP) to begin construction. Similar public‑private partnerships are emerging in Ethiopia, Kenya and South Africa, where a new procurement programme has...
Glasgow Prestwick Airport showcased its upgraded cool‑chain infrastructure to India’s Consul General, Siddharth Malik, as part of a push to capture a larger slice of post‑Brexit UK‑India trade. The visit highlighted the airport’s integrated, in‑house cargo model, bonded warehouse space...
The United Kingdom has unveiled a comprehensive Indo‑Pacific strategy that ties Euro‑Atlantic security to a free and open Indo‑Pacific, emphasizing flexible, values‑based partnerships. Prime Minister Keir Starmer’s recent China visit secured visa‑free travel for UK citizens and greater market access for...
The Philippines’ political landscape is defined by sharp swings in civil liberties that correspond to changes in presidential leadership rather than formal rule changes. Family‑based dynastic networks and clientelistic coalitions amplify these shifts, producing periods of illiberal governance under leaders...
Kenyan electric‑bus startup BasiGo is piloting a scheduled, fixed‑route commuter service in Nairobi, integrating electric mid‑size buses with existing matatu cooperatives. The three‑bus trial offers nonstop links between estates and business hubs at KES 150‑200 per seat, with 80% of...
Major private‑equity firms such as KKR, Blackstone and CVC reported no publicly disclosed full exits from mainland Chinese portfolio companies in 2025. The exit drought reflects strained liquidity, higher interest rates and depressed valuations that have throttled deal activity. While...
Uganda announced plans to connect its new standard gauge railway to Tanzania’s under‑construction rail network. The line would run from the Tanzania border through southwestern Uganda to Mpondwe on the DRC frontier, linking mineral‑rich regions to the port of Dar...
PGAV, a leading destination‑design firm, is establishing a dedicated international hub in Abu Dhabi to serve the fast‑growing immersive tourism markets of the Middle East and China. The expansion, overseen by principal John Kasman, builds on longstanding client relationships and...
