We maintain our expectations for growing external account imbalances to drive a devaluation of the hryvnia by the end of the year.Additionally, Ukraine's GDP per capita is expected to remain one of the lowest in Europe over the decade ahead. Without …
A deep recession, wage cuts and ample spare capacity combine to exert downward pressure on prices, setting in motion an internal devaluation process that could render the country's economy more competitive. But Greece's EU/IMF lenders said that prices …
In the currency market, it's reflected in the fact that the administration didn't engage in competitive devaluation this year. Instead, the Renminbi has exhibited impressive strength and stability, in particular compared to the Japanese yen. Year-to …
The depreciation in your domestic currency is the primary reason why your export business has remained competitive in international markets. Conversely, a significantly stronger currency can reduce export competitiveness and make imports cheaper, which …
Herbalife is a very profitable company with significant long-term competitive advantages that not only position the company to continue to create shareholder value but also to be very attractive as a potential acquisition target for large health …
Brazil is hurtling toward a record current account deficit this year that could add fuel to an already pronounced foreign exchange depreciation. The country's 12-month current account deficit, representing all of the country's U.S.-dollar transactions …
Experts at the World Bank warn that without structural reform, Abe's economic plan will only be “competitive devaluation” that does not remove current barriers to competition and investment. If Abe is to achieve structural reform and revive Japan's …
One of Sony's biggest shareholders, Daniel Loeb, is 'disappointed' but not surprised that Sony rejected his proposal to sell part of its entertainment business through a public offering. Sony's board of directors 'unanimously' dismissed Loeb's proposal …
Jack Ma's Alibaba Group Holding Ltd., the country's largest e-commerce company, on Aug. 1 said it blocked Tencent Holdings Ltd. (700)'s WeChat to sellers. Four days later, billionaire Pony Ma's Tencent introduced online payment features to mainland …