Bloomberg If the resilience of emerging markets to rising interest rates is all about the growth outlook, then data from China this week will be key. The country, the world’s biggest emerging market, releases gross domestic product statistics. Less than a week after Angola abandoned its dollar peg, another African nation— Morocco —is due to make good on a promise ...

Bloomberg India’s proposal to curb drug prices by stripping generic medicines of their brand names has stalled after the plan faced pushback from the country’s pharmaceutical companies, according to people with knowledge of the matter. The Draft Pharmaceutical Policy circulated in 2017 by the Department of Pharmaceuticals has made no progress since opposition emerged from the industry and among some ...

Bloomberg Hong Kong retained its title as Asia’s most expensive rental city for expatriates, while Singapore fell further down the ranking due to a slower economy and fewer relocations, according to consultancy firm ECA International. Hong Kong sat atop the list with an average price of $10,461 per month for an unfurnished, three-bedroom apartment in expatriate neighbourhoods, according to results ...