A series of leading fund managers believe the trend towards ‘onshoring’ and ‘nearshoring’ production back from emerging to developed markets could reap rewards. Onshoring is being driven by a combination of factors, not least rising wage inflation and declining competitiveness in emerging markets, while a number of developed nations are also benefiting from more […]

Wed Aug 21, 2013 11:03pm EDT (Adds analysis, quotes, stocks on the move) SYDNEY Aug 22 (Reuters) – Australian shares were down 0.5 percent on Thursday morning, as relief from an upbeat Chinese manufacturing report wasn’t enough to offset a mixed bag of earnings and minutes from the U.S. Federal Reserve’s last meeting, which failed […]

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Asia shares, currencies hit as yields jump on Fed August 22, 2013Latest Update: August 22, 2013 05:06 pm Malaysian ringgit bank notes of different denominations are seen in this picture illustration taken in Kuala Lumpur on August 20, 2013. Emerging Asian currencies extended losses today as capital continued to flow out of the region due […]