Gaurav S Dogra
Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
Asian currencies are cheap in historical trade-weighted terms despite a steady rise to multi-year highs over the past year on broad U.S. dollar weakness and strong flows into the region, analysts say.
Low domestic interest rates, a strong won and regulatory changes in the insurance industry are enticing South Koreans to invest in overseas assets. Recent central bank data show South Korea's investment in overseas assets surged to a record high of $68.2 billion in the first eleven months of 2017.
There's unlikely to a repeat this year of the surge of foreign flows into Asian bonds that 2017 brought, analysts say, as major central banks are set to pare their monetary stimulus, which could squeeze global liquidity.
Jan 9 Foreign investors were net sellers of Asian equities in December as they booked profits, however, analysts expect inflows into the region to pick up this year.
Foreigners trimmed their holdings in most Asian stocks markets in November as investors started to book profits after this year's solid rally.
For years China's top officials have touted their ambitious policy priority to wean the world's second-largest economy off high levels of debt, but there is not much to show for it.
Nov 24 For years China's top officials have touted their ambitious policy priority to wean the world's second-largest economy off high levels of debt, but there is not much to show for it.
MUMBAI/BENGALURU Profits from India's top firms are expected to have swung back to growth in July-September from a decline in the previous quarter, though economic headwinds are likely to have kept the pace of growth sluggish.
Aug 18 Foreign inflows into Asian bonds rose for a seventh consecutive month in July, albeit at a slower pace, with analysts saying investments in the region's debt have become less rewarding after Asian currencies reached a peak against the dollar.
Foreign investors stepped up their investments into Asian domestic bond markets in the first half of the year, but analysts expect the pace of inflows to drop off for the rest of the 2017 as global interest rates rise.