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Morgan Stanley sees ‘uncomfortable' rally in emerging markets
Morgan Stanley sees ‘uncomfortable' rally in emerging markets

Economic Times

time42 minutes ago

  • Business
  • Economic Times

Morgan Stanley sees ‘uncomfortable' rally in emerging markets

Emerging-market assets should keep rallying for the rest of the year, but gains will likely be limited by a slowing global economy and US policy uncertainty, according to Morgan Stanley. ADVERTISEMENT 'It's an uncomfortable rally then, amid significant uncertainty in the US and a global economic slowdown,' strategists including James Lord wrote in a note Friday. 'Investors will need to hold their nerve.' Local-currency bonds, which have been one of the asset class' best trades this year, are also seen gaining further amid lower US Treasury yields. The global backdrop might allow for central banks to cut rates if warranted 'without having to worry too much about currency weakness,' they said. Some of Morgan Stanley's favorite trades include wagering that the Chilean peso will strengthen against the dollar, scooping up Hungary's local bonds due in 2030 and betting on lower Brazil yields. 'Brazil remains our favorite market for receivers' in Latin America, strategists wrote, adding that they see lower interest-rate swaps maturing in 2029 and like inflation-linked government bonds due in 2028. (You can now subscribe to our ETMarkets WhatsApp channel)

Morgan Stanley sees ‘uncomfortable' rally in emerging markets
Morgan Stanley sees ‘uncomfortable' rally in emerging markets

Time of India

timean hour ago

  • Business
  • Time of India

Morgan Stanley sees ‘uncomfortable' rally in emerging markets

Emerging-market assets should keep rallying for the rest of the year, but gains will likely be limited by a slowing global economy and US policy uncertainty, according to Morgan Stanley . 'It's an uncomfortable rally then, amid significant uncertainty in the US and a global economic slowdown ,' strategists including James Lord wrote in a note Friday. 'Investors will need to hold their nerve.' Local-currency bonds , which have been one of the asset class' best trades this year, are also seen gaining further amid lower US Treasury yields. The global backdrop might allow for central banks to cut rates if warranted 'without having to worry too much about currency weakness,' they said. Some of Morgan Stanley's favorite trades include wagering that the Chilean peso will strengthen against the dollar , scooping up Hungary's local bonds due in 2030 and betting on lower Brazil yields . 'Brazil remains our favorite market for receivers' in Latin America, strategists wrote, adding that they see lower interest-rate swaps maturing in 2029 and like inflation-linked government bonds due in 2028. Live Events

Chilean scientists develop probiotic to help prevent stomach cancer
Chilean scientists develop probiotic to help prevent stomach cancer

Yahoo

time8 hours ago

  • Business
  • Yahoo

Chilean scientists develop probiotic to help prevent stomach cancer

May 30 (UPI) -- Scientists at the University of Concepción in Chile have developed the world's first patented probiotic designed to prevent gastric cancer. The oral supplement is 93.6% effective and targets Helicobacter pylori, a key bacterial factor in the disease. The probiotic forms a protective coating along the stomach lining, preventing the bacteria from attaching when contaminated food or water is consumed. The supplement is approved for use starting at age 8 and also functions as an immunobiotic, helping regulate the body's immune response. Chilean biochemist and Ph.D. in biological sciences Apolinaria García led the research, using Lactobacillus fermentum as the base of the probiotic compound. Gastric cancer is among the most common cancers worldwide and ranks as the fourth-deadliest. Often called a "silent killer," its early symptoms are difficult to distinguish from more common and benign digestive conditions. Helicobacter pylori is found in about half the global population and is linked not only to gastric cancer but also to precursor conditions such as stomach ulcers and MALT lymphoma. In the United States, the American Cancer Society estimates that nearly 30,000 new stomach cancer cases will be diagnosed in 2025, with more than 10,000 deaths expected. In Latin America, countries such as Chile, Peru, Ecuador and Colombia report some of the highest incidence rates and lowest survival rates for gastric cancer, said Dr. Patricio Mardónez, president of Chile's National Health Network. He noted that countries like Japan and South Korea have significantly reduced mortality through widespread early detection and screening programs. "Regionally, what was once a cancer seen mostly in people over 65 is now being detected in patients under 50," Mardónez said. While the exact causes behind the rise in gastric cancer diagnoses among younger people are still under investigation, several hypotheses have been proposed. Changes in diet and lifestyle may be contributing, including increased consumption of highly processed foods high in sodium and low in fresh fruits and vegetables. Sedentary behavior and obesity are also risk factors, along with prolonged use of medications such as proton pump inhibitors (PPI), commonly prescribed for acid reflux.

First round of India-Chile CEPA negotiation concludes in Delhi
First round of India-Chile CEPA negotiation concludes in Delhi

India Gazette

time9 hours ago

  • Business
  • India Gazette

First round of India-Chile CEPA negotiation concludes in Delhi

New Delhi [India], May 30 (ANI): In furtherance of the commitment made during the high-level dialogue between India and Chile, the Terms of Reference for negotiating the India-Chile Comprehensive Economic Partnership Agreement (CEPA) were signed on May 8, 2025. According to a release from the Ministry of Commerce & Industry, the first round of negotiations commenced on May 26, 2025, with the Opening Ceremony inaugurated by Commerce Secretary Sunil Barthwal in the presence of the Ambassador of Chile to India, HE Juan Angulo. During the inauguration, Barthwal emphasised that the agreement would pave the way for a deeper economic partnership and the creation of strengthened global value chains between the two countries. The next round of negotiations is expected in July/August 2025 and will be preceded by intersessional discussions through virtual conferences to address outstanding issues before the upcoming meeting. The launch of the CEPA negotiations was welcomed by both nations during the State Visit of the President of Chile, HE Gabriel Boric Font, to India in April 2025 and his meeting with the Hon'ble Prime Minister of India, Narendra Modi. President Boric conveyed that India is a priority partner for Chile in the global economy and highlighted the need to explore strategies for enhanced and diversified trade between the two countries. Both leaders welcomed the initiation of negotiations towards a balanced, ambitious, comprehensive, and mutually beneficial CEPA aimed at achieving deeper economic integration. The Chilean negotiating team, comprising 17 delegates, was led by Chief Negotiator Pablo Urria, Director for Asia & Oceanic at the Secretariat of International Economic Relations, Ministry of Foreign Affairs of Chile. The Indian delegation was headed by Chief Negotiator Vimal Anand, Joint Secretary, Department of Commerce. Discussions during the round were held across 17 thematic tracks including: Trade in Goods, Trade in Services, Movement of Natural Persons, Rules of Origin, Sanitary and Phytosanitary Measures, Technical Barriers to Trade, Customs Procedures and Trade Facilitation, Initial Provisions and General Definitions, Core and Institutional Provisions, Final Provisions, Transparency, Dispute Settlement, Economic Cooperation, MSMEs, Women's Economic Empowerment, Critical and Strategic Minerals Trade & Sustainable Development, Global Value Chains, Investment Promotion & Cooperation, and Intellectual Property Rights. The CEPA aims to unlock the full potential of the trade and commercial relationship between India and Chile, boosting employment, bilateral trade, and economic growth. The modalities of negotiation will emerge through stakeholder consultations and industry feedback. Both sides are committed to a gainful and explorative approach to ensure a successful and meaningful agreement. (ANI)

Chilean scientists develop probiotic to help prevent stomach cancer
Chilean scientists develop probiotic to help prevent stomach cancer

UPI

time9 hours ago

  • Health
  • UPI

Chilean scientists develop probiotic to help prevent stomach cancer

Chilean scientists develop the world's first patented probiotic shown to prevent gastric cancer. File Photo by Billie Jean Shaw/UPI May 30 (UPI) -- Scientists at the University of Concepción in Chile have developed the world's first patented probiotic designed to prevent gastric cancer. The oral supplement is 93.6% effective and targets Helicobacter pylori, a key bacterial factor in the disease. The probiotic forms a protective coating along the stomach lining, preventing the bacteria from attaching when contaminated food or water is consumed. The supplement is approved for use starting at age 8 and also functions as an immunobiotic, helping regulate the body's immune response. Chilean biochemist and Ph.D. in biological sciences Apolinaria García led the research, using Lactobacillus fermentum as the base of the probiotic compound. Gastric cancer is among the most common cancers worldwide and ranks as the fourth-deadliest. Often called a "silent killer," its early symptoms are difficult to distinguish from more common and benign digestive conditions. Helicobacter pylori is found in about half the global population and is linked not only to gastric cancer but also to precursor conditions such as stomach ulcers and MALT lymphoma. In the United States, the American Cancer Society estimates that nearly 30,000 new stomach cancer cases will be diagnosed in 2025, with more than 10,000 deaths expected. In Latin America, countries such as Chile, Peru, Ecuador and Colombia report some of the highest incidence rates and lowest survival rates for gastric cancer, said Dr. Patricio Mardónez, president of Chile's National Health Network. He noted that countries like Japan and South Korea have significantly reduced mortality through widespread early detection and screening programs. "Regionally, what was once a cancer seen mostly in people over 65 is now being detected in patients under 50," Mardónez said. While the exact causes behind the rise in gastric cancer diagnoses among younger people are still under investigation, several hypotheses have been proposed. Changes in diet and lifestyle may be contributing, including increased consumption of highly processed foods high in sodium and low in fresh fruits and vegetables. Sedentary behavior and obesity are also risk factors, along with prolonged use of medications such as proton pump inhibitors (PPI), commonly prescribed for acid reflux.

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