While a weaker yen should make Japanese exports more competitive, to get a lasting benefit from the situation Japan needs its companies to gear up in response, increasing capacity, hiring new workers and creating a virtuous cycle. Put simply, consumers …

Investing in them amounts to a bet on emerging-market policy makers declining to engage in competitive devaluation. The lack of appeal in that bet was illustrated last week by Kazakhstan's devaluation, which was precipitated by the pressure arising …

Firstly, despite some signs of competitive devaluation, sterling has remained under-valued against the euro, such that by the end of 2013 sterling was still 15.8 per cent down against the euro compared to its value in 2007. While both currencies have …

Kazakhstan last week devalued the tenge about 19 percent as central Asia's biggest energy producer seeks to stay competitive following a slump in the Russian ruble to a record low. Kazakhmys “still locks in a significant benefit from the devaluation …

“The decision was apparently triggered by the weakening of Russia's ruble, which has put local industries under competitive pressure from Russia. Kazakhstan devalued its tenge not to lose the Russian market, which the country is very exposed to …

The devaluation is larger than justified – it'll give Kazakhstan a stronger competitive position but at the risk of triggering an inflationary spiral. (AM). U.K.: January British Retail Consortium same store sales up 3.9% on the year from up 0.4% year …

Plus, Brazil's young regulatory environment gives the company an additional competitive advantage, since about three fourths of its operating income is derived from regulated electricity sales, providing a steady and predictable cash flow stream …

Devaluation increases prices for imported products and make them less competitive compared to local products and therefore limits imports, that's to say, import substitution takes place. To say in other words, devaluation is a protection measure for …

That could set the stage for a round of beggar-thy-neighbour competitive currency devaluations in emerging markets. Kazakhstan may already have started it, with its 19 percent tenge devaluation this week. That move was motivated by weakness in the …