News Snapshot:
(Bloomberg) -- Emerging-market valuations are looking more attractive, and a turnaround for the asset class will depend on China. That’s according to Seema Shah, chief strategist at Principal Global Investors, who told Bloomberg Television Friday that the world’s second-largest economy needs to show a convincing revival from the pandemic to get developing nations in gear. And predicting when that will happen is, well, complicated. “The key thing is China,” she said. “We need to see some kind of movement there with regards to stimulus, potentially a bottoming of growth, maybe a pullback in a bit of regulation and the problem...
