*India digs in heels as WTO trade deal deadline looms. NEW DELHI/ SYDNEY, July 31- The United States raised the issue of a stalled trade agreement during talks with India's finance minister on Thursday, a source at the meeting said, hours before a deadline passes for New Delhi to sign a deal backers say would boost the global economy.» Read More
With Brazil's stock market trading in bear territory, is the global growth engine - otherwise known as the BRIC nations - starting to sputter out?
Myanmar's kyat currency has appreciated 20 percent in the past year, squeezing traders and exporters who are struggling to break even as inflation pushes up costs and the new government does nothing to tame the currency's rise.
Foreign direct investment in Indonesia surged 21 percent in the second quarter of 2011 from a year earlier, as strong commodity prices attracted investors into the mining sector in the world's top exporter of thermal coal and tin.
A funny thing happened on the road to globalization. It became a two-way street, not a one-way trade superhighway for the developed economies.
Ferretti, the Italian luxury yacht builder, is turning to the new super rich of Brazil as sales have slumped to its traditional ‘old economy’ customers in the marinas of the Mediterranean, the FT reports.
As the St Petersburg International Economic Forum wrapped up over the weekend, the business leaders and investors who flew into Russia to see President Medvedev outline his vision for attracting foreign investment into the resource-rich former super power were hopeful that reform is finally on the way, but sceptical that the Russian leadership will finally deliver on its promises to create a more business friendly environment.
Dmitry Medvedev has made clear he would like a second term as Russian president but said he and prime minister Vladimir Putin would not run against each other next year, he told the FT.
Indonesia’s low debt levels and strong growth potential has made the country a choice destination for investors, prompting financial firms like Deutsche Bank to compare the economy to Brazil’s in the 1990s.
Dominique Strauss-Kahn, the French erstwhile managing director of the International Monetary Fund, had not even resigned before Europeans started to coalesce around Christine Lagarde, the French finance minister, as his successor. Gone are past promises of an open selection. The Europeans insist on the principle that what we have we hold. The ancien régime survives.
With little to excite buyers, the Fast pros are starting to worry about a different dynamic dominating the market.
Following huge losses for the Russian market in 2008, investors have eyed stocks in Moscow skeptically and refused to give them the same rating as those in other BRIC members, Brazil, India and China according to Roland Nash, the chief investment strategist at Verno Capital.
The market hasn't realized the significance for the dollar of last week's meeting of Brazil, Russia, India, China and South Africa, this analyst says.
The Singapore dollar is on a roll from high inflation, but sovereign debt worries are pulling on the euro — it's time for your FX Fix.
The euro is hitting new highs, a group of developing countries are tired of the dollar, and the yen is having another bad day — it's time for your FX Fix.
Brazil's "economic miracle" is alive and well despite growing concern that the Latin American powerhouse is in danger of overheating, the managing partner of Brazilian investment bank BTG Pactual said Monday.
India and Russia are accustomed to being bracketed together as two of the world’s most promising high growth markets. But is there more to it than just being adjacent initials in the fabled BRICs acronym? Foreign investors are not alone in worrying this might be the case. The Financial Times reports.
Analysts are warning that the decision of the BRIC nations not to support the no-fly zone in Libya is an indication that in years to come Gaddafi-like dictators will find it easier to wage war on their people without external intervention.
The US vice-president has warned Russia it risks scaring away investors unless it moves to strengthen the rule of law and introduce political reforms.
Government policymakers in Davos this week looking to revive growth might want to emulate global mutual-fund managers, who are having no trouble finding growth stories across the developing world and in pockets of developed markets.
"For us to expect the kind of clarity of purpose and consistency that you'd get from the US on something like this, you’re not going to get it," Jim O'Neill, Chairman of Goldman Sachs Asset Management, told CNBC.