Asia finds itself at a 'negative intersection' in an unpredictable world
REUTERS/Carlo Allegri
There's a lot at stake for Asia in 2017.
The region "stands in 2017 at the negative intersection of many of the factors most of concern in this increasingly unpredictable world," according to a note from Deutsche Bank strategists led by Sameer Goel.
Asia is especially vulnerable to a whole host of geopolitical and macro risks, ranging from a stronger dollar to the policies of US president-elect Donald Trump.
The Deutsche Bank note focuses on what it calls "fatter tails," which is to say that there are higher risks.
"The tail comes first and foremost from the exceptionally large amount of uncertainty around the shape and form of the political and economic world order that lies ahead, and particularly given the preference for de-
globalization implicit in the support expressed for nationalist governments around the world in recent months," the note said.
Let's take a look:
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Healthy choices for summer: 7 soups to support your weight loss goals
- India's pharma exports rise 10% to $27.9 bn in FY24
- Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil
- Shubman Gill to play 100th IPL game as Gujarat locks horns with Delhi today
- Realme Narzo 70, Narzo 70X 5G smartphones launched in India starting at ₹11,999