downgrade

Offshore bonds largely defy a one-notch Moody's downgrade of the sovereign, with secondary prices moving out only by a few basis points — and at least one issuer braving the primary market.

India's Eximbank, which is seen as a proxy for the sovereign, attracts a $2.5 billion book and prices inside of State Bank of India's bonds.

Asian stocks have lost ground during the past week or so, but our readers aren’t convinced that this is a good dip to buy on.

Markets have had all weekend to absorb Friday’s downgrade of the US, but the news is set to cause turmoil in Asia nevertheless.

We invite you to make a prediction about the Philippines.