Section

Emerging Markets

EM equities, debt, and macro risks.

A minimalist interior featuring a blue sofa against a white wall with the number 10.

Emerging Markets3 August 20264 min read

Nine of top-10 firms add Rs 2.51 lakh crore in market cap; Bajaj Finance leads on strong earnings

The combined market valuation of nine of India’s 10 most-valued companies rose Rs 2.51 lakh crore last week, led by Bajaj Finance after its June-quarter profit jumped 28%. Hindustan Unilever was the only loser.

James Holloway

Close-up of a library shelf with books on internet and technology. Ideal for education-themed projects.

Emerging Markets2 August 20265 min read

Nigeria to Publish Subsidy Savings Breakdown as Debt Costs Absorb Fiscal Windfall

Finance Minister Taiwo Oyedele pledged a detailed public account of funds from fuel and forex subsidy removal, saying savings of roughly 5% of GDP have been consumed by higher debt-servicing costs, a doubled wage bill, and student loans. Labour unions rejected the explanations and demanded an independent audit.

Olivia Bennett

Protestors in Oshun, Nigeria join a rally against governance demanding legislative reforms and fair wages.

Emerging Markets1 August 20264 min read

Nigeria defends subsidy removal savings use, targets $1 trillion economy by 2030

Finance Minister Taiwo Oyedele said savings from fuel and forex subsidy removal were absorbed by higher debt-servicing costs and increased spending on wages and student loans, while reaffirming the government’s target of a $1 trillion economy by 2030 as achievable.

Elena Voss

A young woman plays an arcade game in a lively Seoul gaming center at night.

Emerging Markets31 July 20264 min read

Korea to Cap Single-Stock Leveraged ETFs to Curb Retail-Driven Volatility

South Korea will limit retail investors’ exposure to single-stock leveraged ETFs, including a potential 20% portfolio cap, after the products were blamed for fueling a market rout that erased billions of dollars in value.

Grace Tan

A digital glass weighing scale with a blue measuring tape, symbolizing weight management.

Emerging Markets31 July 20263 min read

South Korea Weighs Cap on Single-Stock Leveraged ETFs in Retail Portfolios

South Korea’s financial authorities announced plans to limit retail investor exposure to single-stock leveraged ETFs and raise trading costs, blaming the products for amplifying a market rout that has erased about 40% from the Kospi.

Grace Tan

A close-up view of custom hat embroidery at a store in Seoul, highlighting creativity.

Emerging Markets30 July 20264 min read

South Korea caps single-stock leveraged ETFs, vows emergency steps after Kospi rout

South Korea announced new curbs on single-stock leveraged ETFs, including a potential 20% cap on individual portfolios, after the Kospi plunged about 40% from its June peak and triggered a second straight day of circuit breakers.

Grace Tan