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Malaysia Election Shock, EMs Under Fire, Japan Surplus: Eco Day
Malaysia Election Shock, EMs Under Fire, Japan Surplus: Eco Day
10 May 2018, 06:19 PM IST
(Bloomberg) -- Good Thursday morning, Europe. Here’s news from Bloomberg Economics to help get your day started:
- Ex-PM Mahathir Mohamad scored a stunning victory in Malaysia’s election, defeating his former mentee, Prime Minister Najib Razak, and jolting markets as investors assess the economic outlook
- Decisions, decisions. Here’s a look at tough monetary policy decisions looming for emerging markets over the next couple of weeks
- India in focus. The South Asian giant is struggling with conflicting market actions to mitigate a global squeeze on emerging-market assets
- On hold. New Zealand’s central bank left interest rates at a record low, as expected, as inflation remains subdued
- Big money. Japan’s current-account surplus grew in March to its largest since 2007 thanks to companies bringing income home before the end of the fiscal year
- Material change. Commodities strength has bolstered Australia’s budget outlook, which could deliver a fiscal surplus by 2020
- Pricing peace. Denuclearizing North Korea could cost $2 trillion over a decade, Eurizon SLJ Capital Ltd. analysts project
- Spook data. The Central Intelligence Agency is looking to team up with industry experts to run a series of open-source intelligence projects using its Amazon cloud
To contact the reporter on this story: Michelle Jamrisko in Singapore at mjamrisko@bloomberg.net.
To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Karthikeyan Sundaram, Ashutosh Joshi
©2018 Bloomberg L.P.
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