MINSK, Belarus— New cracks emerged Thursday in a Russia- led economic alliance, with the president of Belarus warning that his nation may opt out of it. "Those who think that the Belarusian land is part as what they call the Russian world, almost part of Russia, forget about it!" Last month, he accused Moscow of damaging Belarus' economic interests with moves to restrict...» Read More
China will maintain its fine-tuning of economic policies in 2013 to ensure stable economic growth, state television quoted Chinese Communist Party chief Xi Jinping as saying on Tuesday.
Mexico is the next hot market, but Africa disappoints.
The wealthy will pay more taxes but spend more, too.
The currency area's escape route hinges more on the pace of expansion in the United States and China, lifting the world economy, than on the policy mix in Europe, which will continue to favour austerity over growth in 2013.
China's economy picked up in November but a broader global recovery remains fragile and patchy, a clutch of surveys suggested, with activity elsewhere in Asia remaining subdued amid depressed demand from the developed world.
Japan's industrial output unexpectedly rose in October in a sign the world's third-largest economy may have seen the worst of the effects of weak global trade and a diplomatic row with China.
India's economy probably expanded near its slowest pace in three years in the quarter to September, according to a Reuters poll.
Among active stocks, construction equipment maker Komatsu rallied 3.2 per cent to Y1, 672 on receding concerns over its outlook following second-quarter results. Hitachi jumped 3.2 per cent to Y423 after maintaining its full-year profit forecast.
New data reveal a staggering increase in billionaires’ wealth as a percentage of national income in India to a whopping 22 percent in 2008.
Despite huge efforts to keep the euro zone afloat, business leaders now believe that some of the region’s most troubled countries are riskier places to invest than war-torn nations in the Middle East or North Africa.
Tony Volpon, Strategist for Latin America, Nomura says that Brazil will need to cut interest rates this week.
Mykolas Rambus, Chief Executive Officer, Wealth-X says that some high-end brands are growing faster in Brazil than in China. He sheds more light on this.
There's a growing backlash against the BRIC countries — an acronym created by Jim O'Neill of Goldman Sachs for Brazil, Russia, India and China, as the four biggest emerging markets have underperformed their peers.
The country’s economy continues to grow even in the face of a global economic slowdown, the country’s president, Susilo Bambang Yudhoyono, told CNBC’s “Closing Bell” on Monday.
James Ross, senior portfolio manager at Alliance Bernstein, tells CNBC, "The long-term bull story for emerging markets is definitely there because the growth rates are going to be twice the growth rates for developed markets."
Brazil, Russia, India and China – together termed BRICs have been an investment disaster and were a marketing-led concept , according to John-Paul Smith, emerging markets equity strategist at Deutsche Bank.
Not only has Brazil been growing at an average rate of 5% while the US economy flat lines, but Brazil seems to have much more scope for growth in the future.
Sound corporate earnings, cheap valuations and Russia’s entry into the World Trade Organization make the country's equity market stand out among its emerging-market peers, fund mangers say. Russian stocks, for example, are the cheapest among the equity markets of the BRIC countries – Brazil, Russia, India and China.
Russia has yielded many leading industrial companies that rank among global leaders in mining, metallurgy, petrochemicals and telecommunications. Despite the rapid development of the regional economy and the strides made over the past 20 years, WTO membership promises to be an important catalyst for growth in the Russian market.
There are plenty of investors and analysts who are optimistic. After three straight months of outflows, emerging market equity funds tracked by EPFR Global attracted more than $700m of investments in the first two weeks of July, reports the Financail Times.