Deputy Chief Economist

Sharmila Whelan

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

Macroeconomics

<p>Panic has replaced complacency as the number of new coronavirus cases outside China soar. If the worst-case scenario of a global profit-led recession does materialises, the concern is that this could precipitate an emerging-market, external-debt meltdown. Assessing Asian corporate foreign currency liabilities, we would steer clear of Malaysian and Korean firms.</p>

Panic has replaced complacency as the number of new coronavirus cases outside China soar. If the worst-case scenario of a global profit-led recession does materialises, the concern is that this could precipitate an emerging-market, external-debt meltdown. Assessing Asian corporate foreign currency liabilities, we would steer clear of Malaysian and Korean firms.

DSP BlackRock Liquidity Fund (DSLQYDG IN)

FTSE Straits Times REIT Index (FSTREI INDEX)

Virus Fallout - Corporate Asia's Foreign Debt