Goldman's painful lesson on China forces rethink of emerging markets https://ift.tt/MfF7k3I the beginning of the year, Goldman was among the chorus of Wall Street banks pinning their hopes for a bright 2023 in part on recovery in China, with strategists including Kinger Lau predicting a 15% rally in the Chinese stock market. The expectation was that a bounce in the world's second-largest economy would be the wave that lifted all boats, helping emerging markets globally to a banner year.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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