While developed and emerging market stocks have been locked in a neck to neck race so far this year, strategists tell CNBC developed market equities are likely to outperform their Asian peers in 2012.
As Prime Minister Wen Jiabao of China tours Europe this week, it is no accident that Germany occupies a special place on his itinerary. The New York Times reports.
The Hungarian government is confident that sufficient progress has been made in its negotiations with the International Monetary Fund (IMF) and the European Commission over its controversial central bank law, and it believes talks can resume on a hoped-for economic development aid package for the country, the Hungarian Economy Minister told CNBC on Wednesday.
The French government likes social media — so much so that the country’s sovereign wealth fund has invested 10 million euros in an online network. The NYT reports.
Directors often dole out personal safety perks to ease a chief executive’s tax bill. By classifying the benefits as security measures, the executives typically get a better tax treatment on the services. It’s a common corporate tax trick. The New York Times reports.
South-Eastern Europe could throw up some surprises to the downside, Peter Attard Montalto, emerging market economist at Nomura, told CNBC on Thursday.
When Lehman Brothers collapsed at the height of the financial crisis, JPMorgan Chase was at the center of the storm. The bank was a major lender to the firm, which filed the biggest bankruptcy in United States history. The NYT reports.
Mitt Romney sought to use the coveted endorsement of Jeb Bush on Wednesday to amplify his call for Republicans to rally behind his candidacy and get on with the mission of ousting President Obama. The NYT reports.
Banks will face stiff penalties and intense public scrutiny if they fail to live up to the standards of a $25 billion mortgage settlement with state and federal authorities, according to court documents filed as part of the deal Monday in federal court in Washington. The NYT reports.
A lead adviser to Greece on its debt deal, Mitu Gulati, argues that instead of repeated austerity-based bailouts, other European countries should cut a deal directly with their creditors to reduce their debt loads.
The Russian Presidential elections have once again revealed the EU’s many contradictions and exposed its dwarf-size political mass.
Jochen Wermuth, the founding partner of Wermuth Asset Management, told CNBC investors were pleased with Russia's recent presidential election, as the populace showed new signs of engaging with the democratic process.
The financial system could face a test this week as industry officials debate a provision of the Greek bailout, the New York Times reports.
Unlike Greece, Portugal is a debtor nation that has done everything that the European Union and the International Monetary Fund have asked it to, in exchange for the 78 billion euro (about $103 billion) bailout Lisbon received last May. The NYT reports.
The European Central Bank's rescue of the region's banks by showering them with cheap loans could be creating the conditions for another financial crisis several years from now. The New York Times reports.
Greece has found itself in a category of its own among struggling debtors — a nation Europe no longer trusts, The New York Times reports.
For all the struggles that Greece has gone through to satisfy its demanding lenders, Europe’s troubles are not going away, the New York Times reports.
Another batch of the riskiest mortgage-backed securities once owned by the American International Group are being auctioned off this week, according to two people familiar with the matter, a sale that would bring the insurance giant’s 2008 meltdown once step closer to a resolution.
For months now, a big investor has been betting billions of dollars that two of Europe’s most wounded countries will bounce back from the beating they have taken during the region’s debt crisis, the New York Times reports.
The Russia Forum, held in Moscow each February, brings together politicians and business leaders to discuss investing in this vast resource-rich country.