Hugh Young

Hugh Young: Why Trump makes the case for emerging markets

Donald Trump’s first weeks as US president are turning out to be just as controversial as his bruising election campaign. A flurry of executive orders on border controls, trade and healthcare has dominated headlines, causing dismay and galvanising opposition. The drama unfolding on a daily basis makes the modest comeback that developing markets have been […]

Hugh Young: Post-Brexit Britain should pay attention to Japan

Faith in Abenomics is fading fast if Japan’s stock prices are any gauge of investor confidence. The benchmark Topix index has fallen over 12 per cent since the start of this year. The decline extends to almost 20 per cent from August 2015, when the index hit its highest levels following Prime Minister Shinzo Abe’s […]

Hugh Young: Modi puts India back on track

Time flies. Last month saw the second anniversary of the election of Narendra Modi as India’s prime minister. At the time of his election, expectations were sky-high that Modi could set his country on the path to economic success and improve its global standing. Satisfying or even exceeding the hopes and expectations of well over […]

Hugh Young: Japan is dancing to its own tune

Japan looks set to go to the polls this year. Votes could be cast as early as June in elections to fill around half the seats in parliament’s upper house. Prime Minister Shinzo Abe may also call a separate snap general election if he thinks this would enhance his chances of securing four more years […]

Hugh Young: The rise of corporate governance in Japan

The scandal at Japanese optics and healthcare company Olympus in 2011 served to highlight the historically poor standards of corporate governance in Japan. Olympus’s then British chief executive Michael Woodford became whistleblower, revealing a £1.1bn accounting fraud he alleged had been taking place since 2006. Woodford was fired because he wanted Olympus to come clean […]

Hugh Young: India needs to speed up reform

On a trip to the US last month, India’s Prime Minister, Narendra Modi, claimed: “The 21st century belongs to India.” The prophecy was bold and emphatic. The speech was a triumph among the largely Indian American crowd. But it is events at home that will determine whether Modi’s prediction becomes reality. Here are six key […]

Hugh Young: Tapping into Asia’s spending habits

Did you know that Chinese online shoppers spent some $5.7bn on a single day in November last year? That more and more well-heeled Indian consumers prefer to buy their tea from a pharmacy? Or that urban Thais visit a hypermarket at least once a week, spending around half their monthly bills on groceries? For most […]