Asia Pacific

Leaders in emerging market countries wonder whether the world’s confidence in the US’s creditworthiness is misplaced

Plans to issue a rupee-denominated bond will help convince capital to return to, and remain in, Indian-domiciled securities

They say the new rules mean foreign banks will operate on an uneven playing field on the mainland

A top Chinese diplomat wants the BRICS to create a secretariat in order to make the group more efficient

As the deadline for raising the US debt ceiling approaches, market experts become more worried

Japan and China’s “war games” over a few small islands may be out of the limelight – but they could prove dangerous

As China’s economy rebalances, emerging markets brace for the impact. For some, the change could be beneficial

Japan’s massive monetary easing effort could spill over its borders. But even if it does, it won’t replace the Fed’s money

Countries must resist calls to protect their domestic systems from financial reform

Asian currency bonds from the past week

Singapore financial officials are calling on Beijing to liberalise its rules on corporates’ ability to repatriate renminbi back into China – a move that will also help the city state in its bid to be an offshore renminbi hub.

Offshore renminbi bonds offered positive returns last month and this momentum is likely to persist, particularly on high yield paper, to offer a full-year total return of between 5% and 7%, says HSBC.