Right-wing Duque wins Colombian presidency, beating leftist Petro

BOGOTA (Reuters) – Right-wing candidate Ivan Duque was elected Colombia’s president on Sunday beating leftist rival Gustavo Petro in a win that allays fears the country’s economic model will be overhauled but raises the prospect a peace accord with Marxist rebels will be changed.

Select few emerging Asian economies comfortable with Fed hikes

HONG KONG (Reuters) – Higher U.S. rates are rattling many emerging markets in much the same way past tightening cycles did, but the Federal Reserve’s hawkishness could also bring cheer for a small group of Asian economies that wouldn’t mind seeing their currencies weaken.