Emerging-Market Corporates: Renowned for Resilience

Published on February 19, 2026

Emerging-market (EM) corporates have a track record of resilience across market cycles. For over a decade, EM corporate bonds have allowed for participation in rising markets, while exposing investors to less downside during market downdrafts.

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Musk Is Beating China’s 203,000 Paper Satellites

February 19, 2026
If orbital space is the 21st century’s high seas, China looks to be preparing an armada. Government plans submitted late last year to the United Nations’ International Telecommunications Union, or ITU, promise a fleet of 203,000 satellites to be deployed by the mid-2030s.

Japan-China: Bound, Not Just By Geography

February 19, 2026
With growth in both economies underpinned by trade, neither side has much appetite for a large‑scale economic confrontation. That reality should push both capitals toward calibrated responses rather than actions that sharply raise the costs of retaliation.