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BRICS

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  • Ukraine crisis means EU-US trade talks a priority Saturday, 22 Mar 2014 | 5:13 PM ET
    President Barack Obama gives a statement on the situation in the Ukraine in the Brady Press Briefing Room of the White House on March 17, 2014 in Washington, DC.

    Russia's annexation of Crimea underlines the need for the United States and the European Union to deepen their economic ties via an ambitious trade deal.

  • 'Big need' for EM concierges  Friday, 21 Feb 2014 | 11:48 AM ET

    Veronica Voronina, founder of The Anonymous, discusses the growing demand for concierges from wealthy entrepreneurs in Russia and Brazil.

  • Stand by: EM turmoil sparks credit crunch fears Wednesday, 5 Feb 2014 | 12:00 AM ET

    As economic growth slows in emerging markets, there are fears that capital outflows could be the first signs of a credit crunch.

  • Hungary and Russia in crosshairs for rate hikes Monday, 3 Feb 2014 | 12:34 PM ET
    A woman walks past the boards listing foreign currency rates against the Russian ruble as she leaves an exchange office in central Moscow, on January 31, 2014.

    Investors bet Hungary and Russia will be the next emerging economies forced to defend their currencies after India, Turkey and South Africa.

  • ‘Universal’ frustration with India reforms: Hero CEO Wednesday, 4 Dec 2013 | 12:00 AM ET

    Indians are frustrated by the slow pace of government reforms to reignite the country's growth, said the head of Hero MotoCorp.

  • 'Slow growth' a crisis legacy: OECD's Gurria  Tuesday, 19 Nov 2013 | 11:05 AM ET

    José Ángel Gurría, secretary general at the OECD, says the world economy is stuck in "first gear" and that growth prospects are "sluggish."

  • Five years after Lehman, world is hoarding cash Sunday, 6 Oct 2013 | 9:37 AM ET

    Five years after Lehman Brothers collapsed, families in major countries around the world are still too spooked to take chances with their money.

  • Why the G20 was very 'productive'  Monday, 9 Sep 2013 | 11:20 AM ET

    Alexander Mirtchev, executive chairman at RUSI International, says the G20 was a "very interesting meeting", despite Syria overshadowing it.

  • China official PMI hits 16-month high in August Sunday, 1 Sep 2013 | 2:40 AM ET

    China's factory activity expanded at the fastest pace in more than a year in August with a jump in new orders, official data showed on Sunday.

  • Brazil hikes rates again to regain market confidence Thursday, 29 Aug 2013 | 1:13 AM ET
    Downtown Rio de Janeiro, Brazil

    Brazil raised its benchmark interest rate to a 16-month high of 9 percent on Wednesday, maintaining the pace of monetary tightening to fight inflation and rebuild investors' confidence in Latin America's largest economy.

  • The Economist: New era for emerging markets  Friday, 26 Jul 2013 | 12:35 AM ET

    Alex Travelli, Hong Kong Bureau Chief at The Economist says the stupendous growth that emerging markets experienced in the last decade has ended.

  • G-20 finance ministers try to avoid market turmoil Friday, 19 Jul 2013 | 12:33 PM ET
    Russia's Anton Siluanov at the G-20 finance ministers' meeting in Moscow.

    The Group of 20 nations, wary of renewed market volatility, is stressing the need to shift policy carefully and communicate clearly as countries try to chart a course to recovery.

  • Goldman Turns Bearish on BRIC Economies Monday, 1 Jul 2013 | 11:00 PM ET

    The investment bank has ended a recommendation to buy a basket of U.S. stocks with highest sales exposure to Brazil, Russia, India and China, another sign of weakening sentiment towards emerging markets.

  • European leaders agreed on new steps to fight youth unemployment and promote lending to credit-starved small business on Thursday after deals on banking resolution and the long-term EU budget.

  • O'Neill vs. Faber on China Tuesday, 25 Jun 2013 | 7:21 AM ET

    Market veterans Marc Faber and Jim O'Neill — known as Dr. Doom and Mr. BRIC respectively — posted opposite views when asked if the Chinese liquidity crunch was real.

  • Global Expansion? We’d Rather Stick With Russia: MTS Friday, 21 Jun 2013 | 10:04 AM ET
    Private mobile WiFi hotspots, which allow wireless devices to connect to the Internet, are restricted. Although use of tablets and smartphones is allowed in the venues, these devices cannot be used as wireless access points. Because London’s wireless system is likely to be strained during major events, has focused on an attempt to reduce overall bandwidth use.

    Relaxed legislation and booming profits are just two reasons why Russia's biggest mobile service provider will not bother expanding into other countries, the firm's chief executive said.

  • Why Russia Must Reform Its Energy Sector Friday, 21 Jun 2013 | 8:02 AM ET

    Russia must urgently reform its energy sector if it is to remain a global player in the energy markets, according to experts speaking at the St. Petersburg International Economic Forum.

  • Rusal CEO: Investors Need to Relax Thursday, 20 Jun 2013 | 12:16 PM ET

    Investors need to calm down and act rationally, Oleg Deripaska, the CEO of the world's largest aluminum company Rusal, said on Thursday.

  • China Signals Willingness to Tolerate 7% Growth Thursday, 6 Jun 2013 | 7:56 PM ET
    China's new President Xi Jinping (R) talks with former President Hu Jintao (L) on March 14, 2013 in Beijing, China.

    China's new leaders have adopted a greater tolerance for a slowdown in the economy than their predecessors and are likely to allow quarterly growth to slip as far as 7 percent before triggering fresh stimulus.

  • Russia’s Economy Could Be Next Big Underperformer Thursday, 16 May 2013 | 12:00 AM ET

    Russia is set for 10 years of anemic growth, according to economists, who said the slowdown is predominantly due to low investment and structural factors.