David Aserkoff

Yapi Kredi Advances After Being Named Top Pick: Istanbul Mover

Yapi & Kredi Bankasi AS, a Turkish bank part-owned by UniCredit SpA, rose for a second day after VTB Capital Plc and JPMorgan Chase & Co. named the stock among their top picks.

Emerging-Market Stocks Drop Most in a Week as Energy Shares Slip

Emerging-market stocks slid the most in a week, led by energy companies, as China Petroleum & Chemical Corp. sank on a share-sale plan. The rand strengthened after South Africa’s unemployment unexpectedly fell.

Angola Suspends Rating Plan, May Sell $2 Billion in Local Bonds Instead

Angola suspended plans to seek a credit rating from agencies before an international bond sale and will instead sell as much as $2 billion of government bonds locally, a Finance Ministry official said.

Turkish Stocks Head for Biggest Monthly Decline Since 2008 on JPMorgan Cut

Turkish stocks tumbled, heading for the biggest monthly loss since October 2008, after JPMorgan Chase & Co. cut them to “underweight” from “overweight,” citing concern on the current account deficit and banks’ profits.

Cheapest Stocks Since 2009 Shunned: Russia Overnight

JPMorgan Chase & Co. and Morgan Stanley are abandoning their bullish recommendations on Russian stocks, concerned that falling oil and investors shunning riskier assets will overshadow the lowest valuations since 2009.

Turkey Stocks Remain Expensive Amid Debt Crisis, JPMorgan Says

Turkish stocks are expensive and will only rally when the European sovereign-debt crisis diminishes, JPMorganCazenove said.

Basci Eases Funding Squeeze as Turkish Banks Juggle Changes Day-to-Day

Turkey’s central bank provided banks more liquidity and cheaper funding, a day after scrapping any low-cost lending, as Governor Erdem Basci tweaks policy on a day-by-day basis to curb inflation and support the lira.

Turkey Stocks Cut at JPMorgan, Morgan Stanley Reduces Banks

Turkish stocks were cut to “underweight” in the regional research portfolio of JPMorgan Chase & Co. and Turkish banks were lowered to “equal-weight” at Morgan Stanley.

Basci’s Low Rates Avert Slump With Less Inflation: Turkey Credit

Just a month ago, Turkish bond yields signaled that the economy was heading for a recession. Now, the nation is growing enough to keep the two-year expansion alive after the central bank slashed interest rates, credit market measures show.

Querying Erdogan Zero Interest Rate Policy Creates New Turkey Enemies List

As Prime Minister Recep Tayyip Erdogan pursues his vision of an economy with real interest rates at zero, critics of Turkey’s monetary policies are increasingly being portrayed as enemies.

"If this emerging-market correction continues, we can't envisage Russia outperforming."

- David Aserkoff on Apr 17, 2012

Turkey

London

Europe

Russia

Fannie Mae Profiting as Market Middleman Angers Lenders

Most U.S. Stocks Fall as Investors Weigh Data, Stimulus

P&G Says A.G. Lafley Rejoins as Chairman, CEO

Wal-Mart Plasters Stores With Green Dots to Stay Stocked

Google Said to Face New Antitrust Probe Over Display Ads