Jonathan Rogers graduated from Oxford University in 1986 where he read Politics, Philosophy and Economics. That year he joined Nomura International , attending the company’s graduate trainee programme at Nomura Securities’ headquarters in Tokyo. He worked as an institutional bond salesman for Nomura in London for five years, covering central banks and institutions in Scandinavia. He subsequently worked on the institutional sales desk at Long Term Credit Bank of Japan in London before moving on to the derivatives and structured note desk at First National Bank of Chicago in London. Jonathan joined IFR Asia in 2003 as syndicated loans editor and subsequently became debt capital markets editor in 2005. He is currently IFR Asia’s chief analyst, credit.
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THE GREAT FALL of China, Black Monday, call it what you will. The Shanghai main board collapsed last week with a relentless ferocity that brought back the worst days of the global financial crisis and dragged down global equities with it. This, we were told in certain quarters, was the beginning of the financial crisis Part Two that will make the prequel seem tame by comparison.
China’s volatile markets have everyone looking in the wrong direction.
An emerging markets sell-off will pile more pressure on Asia’s political leaders.