- EWJCNBC•3 hours ago
Asian markets were mixed on Tuesday as South Korea's shares slipped after data showed economic growth slowed in the third-quarter.
- EEMBarrons.com•7 hours ago
In case you missed the comments on the Philippines in The Wall Street Journal and Barron's over the weekend, they are required reading for anyone questioning the longstanding relationship between the United States and the Pacific island nation. Shares in the country, as represented in the iShares MSCI Philippines exchange-traded fund (EPHE), are up nearly 9% year to date, but has sorely underperformed other Asian markets and the iShares MSCI Emerging Markets ETF (EEM), which is up 17% this year. As Barron's columnist William Pesek noted in our Up and Down Asia column over the weekend -- in "Duterte Sells Philippines to China on the Cheap" -- Duterte's efforts to cut drug use and trade is important, "but the 3,300-plus corpses piling up around the nation won’t hasten gross domestic product growth." The first part of the WSJ story discusses President Rodrigo Duterte's steel grip on crime, his attempt to break military ties with the United States, overtures Duterte has made in China and his desire to spread economic wealth more evenly across society.