27 January 2014 | By Divyang Shah, IFR Senior Strategist Follow @twitterapi Email Share Save The EM FX landscape has seen some wild moves broaden beyond the Fragile Five and will prompt more investors to cut allocations to emerging markets, even beyond Argentina’s currency adjustment and somewhat isolated crisis. This is not just about the Fed’s tapering plans. Worries Read more [...]

The Argentina legend has voiced his dismay with the decision to award the Brazilian an honorary Ballon d'Or and feels he will always be superior to his nemesis Diego Maradona has launched a scathing attack on Pele and claimed the Brazilian will always be considered second best to him.The duo have regularly bickered in public over their respective standing and Maradona was not impressed to see Pele lift an honorary award at the recent Fifa Ballon d'Or ceremony in Zurich.Maradona Read more [...]

SINGAPORE (Reuters) - Most emerging Asian currencies tumbled on Monday as a global sell-off of riskier assets intensified, pulling the Malaysian ringgit and the Philippine peso to their lowest levels in more than three years. Financial turmoil in Argentina, fears of a sharper slowdown in China and expectations that the U.S. Federal Reserve will continue to trim its bond-buying programme later this week have sparked a broad bout of risk aversion and a flight to safer assets such as the yen.The Read more [...]