According to the 2014 Global Findex report, the world's "unbanked" population saw the fastest drop in countries like China and Sub-Saharan Africa, says Leora Klapper, leader, Global Findex Task Team at the World Bank.» Read More
India and China saw bigger growth in the millionaire population last year than anywhere else, and wealth in the Asia-Pacific is expected to grow nearly 8 percent a year to 2012 despite a slowdown in the world at large, a survey showed.
Are surging food & energy prices making emerging markets too risky for investors?
Bunge will buy fellow agriculture company Corn Products International for $4.4 billion in stock, the companies said Monday.
Pfizer may bid for Ranbaxy Laboratories, countering a $4.6 billion offer by Japan's DaiichiSankyo Co for the Indian generic drug maker, the Business Standard newspaper said.
Japanese drug maker Daiichi Sankyo will pay up to $4.6 billion for control of India's Ranbaxy Laboratories, the latest in a string of global health deals as firms look to bulk up and diversify to fend off aggressive rivals.
The consumer across the world is under considerable pressure. Record oil prices, the credit crunch and inflationary pressures all appear to be taking their toll on people’s willingness to spend. We got some better data from the UK on Tuesday, but the trend across Europe has been weak since the turn of the year, and many of the big players are beginning to become very worried.
Plus, two more international stock picks from Cramer.
Inflation appears to be escalating sharply throughout Russia, India and other emerging markets. Fortunately, Tim Seymour may have found a safety zone.
There are signs that emerging-market governments who provide gasoline and other energy subsidies to their citizens are under intense pressure to lower those subsidies, and this is causing some trepidation among stock market bulls.
Hewlett-Packard posted a higher quarterly operating margin after cost cuts, and said strong growth abroad offset some weakness in the United States, but the shares were lower Wednesday as results couldn't shake off concerns about the company's integration with acquisition target Electronic Data Systems.
ArcelorMittal, the world's top steel maker, is in talks with Australia's Macarthur Coal after buying a 15 percent stake in the company, setting up a possible bidding war for the A$4.4 billion group and pushing its shares up 14 percent.
Europe’s first quarter GDP growth was surprisingly strong, with Germany in particular benefiting from booming exports to the emerging world. Unfortunately it does not look like this will continue.
Hewlett-Packard reported a profit that exceeded analysts' expectations but matched the earnings guidance the company gave last week.
Even as the newspaper business is under threat in the U.S. and Europe, it's thriving in the developing world.
What's next for emerging money as business booms in developing countries?
There’s only one Indian stock that Cramer will recommend right now, and this is it.
Oil prices fell Thursday as a big increase in U.S. natural gas stocks weighed on the energy complex, spurring profit-taking from recent highs.
Erin Burnett has been travelling the globe in search of the market movers of tomorrow. So far she has been to Dubai, will be in Mumbai, India tomorrow and goes to London next week. Here are some stats on the economies she has visited.
U.S. light, sweet crude for June delivery fell $1.58 to settle at $124.22 a barrel Wednesday on the New York Mercantile Exchange.
Oil prices didn't set a Nymex closing record Tuesday, but they came very close.