J P M O R G A N Asia Pacific Emerging Markets Research 06 August 2024 Asian FX: Back to square one Move from UW to MW Asia FX in GBI-EM; lower USD/ CNY target • Rate differentials have dominated low yielding Asia FX. Short-term valuations have corrected in funders (i.e., JPY, CNH and THB), and even look tactically rich in MYR. INR remains a laggard on further USD weakness, while PHP, SGD and (eventually) TWD present better opportunities to be short USD. We close out UW THB and OW INR and turn MW Asia FX in ...

M Idea Japan Equity Strategy | Japan August 6, 2024 08:00 PM GMT Great Reset & Great Volatility TOPIX P/E has tumbled to recession-phase levels. We believe the downturn in share prices will be reversed once the pessimism over the US economic outlook recedes. For now, we recommend choosing stocks from a volatility factor perspective. Key Takeaways The contrasting directions of US and Japanese monetary policy and weakness in US job figures have led to a reversal in the strategies that have prevailed in the ma ...

M Update Japan Economics | Japan August 7, 2024 10:16 AM GMT Our Impression About BoJ Deputy Gov. Uchida's Speech BoJ Dep. Gov. Uchida stated that the bank would not raise its policy rates while financial and capital markets remained unstable in his speech on Aug 7. It is more important to note that he wanted to clarify that his stance was not inconsistent with the bank's existing policy decision process. Key Takeaways Dep. Gov. Uchida stated that the bank would not raise its policy rates while financial an ...

Financial Derivatives August 13, 2024 Morning Insight: August 13, 2024 Linlin Gao Certification：Z0002332 gaolinlin@gtjas.com Yu Chen Wu (Contact) Certification：F03133175 wuyuchen028987@gtjas.com Main Body Commodity Market Insight： Lithium Carbonate: It remains in the first quadrant of inventory accumulation and price reduction. While upstream suppliers have a mindset of maintaining prices, their willingness to cut production is weak. Despite the arrival of the peak season for downstream demand, purchasing m ...

Global Pension Finance Watch – Second Quarter 2024 Continued Increases over the Second Quarter Continued rises in global discount rates drove positive WTW Pension Index movements in most regions over the quarter. Discount rates increased in all countries other than Switzerland. All countries, with the exception of Brazil and the U.K., experienced positive asset returns during the quarter. While it is always the case that Global Pension Finance Watch captures results at the end of each quarter, we particular ...

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report highlights the importance of open source AI in fostering innovation, collaboration, and democratizing access to AI technologies, while also addressing the associated risks and challenges [2][4][5] - Both China and the United Kingdom are recognized as leaders in open source AI, with significant contributions from companies like Stability AI in the UK and top-performing models from Chinese firms like Alibaba [4] - The report emphasizes the need for international collaboration to address AI risks, with both countries sharing common concerns and priorities regarding AI safety [6][33] Summary by Sections Introduction - Recent advancements in AI provide societal, economic, and scientific benefits, particularly through open source AI, which accelerates innovation and democratizes access [2] Methodology - The study utilized qualitative research methods, conducting in-depth interviews with 24 experts from academia and industry in the UK and China to gather insights on AI risks and collaboration [9][10] Findings and Discussion - Key themes identified include AI safety priorities, benefits and risks of open source AI, AI regulations, and barriers to international collaboration [14] Top Priorities for AI Safety - Experts expressed concerns about safety risks, societal risks, and existential risks associated with AI, highlighting issues such as misuse, ethical implications, and potential global catastrophes [15][16] Benefits and Risks of Open Source AI - Open source AI models are seen as beneficial for quality improvement and collaboration, but experts are concerned about malicious use and data privacy violations [18][19] AI Regulations - Experts from both nations view their regulatory approaches as reasonable, with the UK advocating for a pro-innovation approach and China considering a new AI regulation law [21][22] International Collaboration on AI - Geopolitical uncertainties and cultural differences are identified as significant barriers to collaboration, despite a shared recognition of the importance of working together on AI safety [27][28] Conclusion - The report concludes that shared concerns between the UK and China can serve as a foundation for future collaboration, particularly in the realm of open source AI [33][34]

WTO ITC UNCTAD World Tariff Profiles 2024 SPECIAL TOPIC World Tariff Profiles 2024Tariffs on critical minerals in the electric vehicle value chain About this publication World Tariff Profiles is a co-publication of the WTO, ITC and UNCTAD on market access for goods. This annual publication provides comprehensive information on the tariffs and non-tariff measures imposed by over 170 countries and customs territories. Non-WTO members are included if data on the tariffs they applied in 2023 or 2022 are availab ...

THE ENERGY SECTOR OF PANAMA CLIMATE CHANGE ADAPTATION CHALLENGES © IRENA 2024 Unless otherwise stated, material in this publication may be freely used, shared, copied, reproduced, printed and/or stored, provided that appropriate acknowledgement is given of IRENA as the source and copyright holder. Material in this publication that is attributed to third parties may be subject to separate terms of use and restrictions, and appropriate permissions from these third parties may need to be secured before any use ...

Executive Summary Madrid Yearly Review 2024 Executive Summary Madrid Yearly Review 2024 International Registration of Marks This executive brief identifies key trends in the use of the WIPO-administered Madrid System. For fuller statistics, see the Madrid Yearly Review 2024 – available in English at www.wipo.int/ipstats Key numbers for 2023 64,200 (−7.0%) Madrid international applications1 448,340 (−7.8%) Designations in international applications 63,618 (−7.2%) Madrid international registrations 64,335 (+8 ...

Executive Summary Hague Yearly Review 2024 Executive Summary Hague Yearly Review 2024 International Registration of Industrial Designs This executive brief identifies key trends in the use of the WIPO-administered Hague System for the International Registration of Industrial Designs. For fuller statistics, see the Hague Yearly Review 2024 – available in English at: www.wipo.int/ipstats Key numbers for 2023 8,566 (+7.4%) International applications 8,366 (+8.3%) International registrations 38,498 (+14.9%) Des ...