BEIJING— China's Cabinet issued its first rules for ride-hailing and told local officials Thursday to promote the booming industry, confirming the legal status of Uber Technologies Inc. and local competitors following run-ins with regulators. China is one of a series of markets where Uber and competitors have grown fast but faced legal challenges to their... » Read More
Insight on whether the next tech boom can be found in emerging markets, with Ron Shah, Jina Ventures managing partner.
The Russia Forum, held in Moscow each February, brings together politicians and business leaders to discuss investing in this vast resource-rich country.
While the January rally in U.S. stocks may have looked good, investors would have found even more to like in foreign markets—especially in emerging economies.
A new book about global wealth disparity by celebrated economist and author Jim O'Neill has sparked the theory that the West is experiencing a second gilded age, while the emerging markets are experiencing their first gilded age. the New York Times reports.
The flight to safe havens in the latter part of 2011 hurt emerging market equities, but strategists believe it may be time to pick up some devalued emerging market stocks.
Russian Prime Minister Vladimir Putin has a vision for a Soviet Union-lite he hopes will become a new Moscow-led global powerhouse. But, his planned Eurasian Union won't be grounded in ideology: This time it's about trade.
Russian stocks and the rouble held above their two-week lows, but analysts said that, at least until Dec. 24, investors would be better off staying away from Russia.
Emerging markets have had a bad year, but market pros still see investing in countries in South America, Asia and elsewhere as reliable long-term plays.
The world's central bankers have shown they've learned a lot from the 2008 financial crisis by taking coordinated action Wednesday to ease strains on the financial system, Goldman Sachs Asset Management CEO Jim O'Neill told CNBC Wednesday.
Measures taken by the Indian government to open up the country to foreign investment could see it match Chinese growth rates, Goldman Sachs’ Chairman Jim O’Neill told CNBC Wednesday.
To help solve Europe's sovereign debt crisis, a special organization was set up in 2010 called the European Financial Stability Facility, or EFSF. So what is it and how does it work? CNBC explains.
The finance chiefs of the world's leading economies opened the door Saturday for the International Monetary Fund to play a bigger role in fighting the eurozone's escalating debt troubles.
Discord over the euro zone crisis, currencies and global economic governance threatens to overshadow the Group of 20 finance ministers meeting in Paris on Friday and Saturday, the FT reports.
Emerging market countries are working on ways to contribute money rapidly to expand the effective firepower of the International Monetary Fund, with the aim of increasing its role in combating the eurozone sovereign debt crisis. The FT reports.
Growth in emerging markets slowed to its weakest pace for more than two years between July and September as manufacturing output decelerated amid fears of a global slowdown, according to figures from HSBC.
Once a sure-bet, investors are beginning to doubt how long emerging market plays can generate steady returns.
Senior Russian government figures have rebelled against a deal between President Dmitry Medvedev and Vladimir Putin, the prime minister, to switch jobs next year. The FT reports.
The U.S. dollar is going higher “against major currencies,” well-known investor Jim Rogers told CNBC Thursday, and that may be out of panic.
Those who see emerging market debt as a safe haven should think again, according to Mike Riddel, a fund manager at M&G Investments in London.
As opportunities in the U.S. appear to dim, opportunities in emerging markets gain momentum. Is a bubble in emerging markets inevitable? This panel is moderated by Tom Buerkle, Institutional Investor, and includes Marko Dimitrijevic, Everest Capital founder; Scott Kalb, Korea Investment Corporation CIO; and Martin J. Whitman, Third Avenue Management LLC, chairman and portfolio manager.