Hong Kong banks: Not Iceland, but still chilly

. Marcuard's Market update by GaveKal Dragonomics In the gory aftermath of the global financial crisis, the IMF investigated five countries with outsized financial systems. Iceland was in this group and got

Was the Cyprus haircut better than we think?

. Was the Cyprus haircut better than we think? GUEST OPINION: By Euronomist The most startling development of 2013 was probably the Cyprus deposit haircut, an unprecedented event which caused numerous reactions

Japan: A Shelter From Deflation

. Japan: A Shelter From Deflation Marcuard's Market update by GaveKal Dragonomics One key cloud over the global economic landscape is very weak corporate pricing power. After last week’s European Central Bank

The ABC of good governance

. The ABC of good governance By Petros Florides Unfortunately, there is no “silver bullet” to kill the ‘bad governance monster’ that stalks this country. Determined and concerted effort by many people

Who will the crisis EMs adjust against?

. Marcuard's Market update by GaveKal Research In last summer's emerging market sell-off, India was very much at the center of the storm: the rupee collapsed, bond yields soared and equity markets

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