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Economic Development

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  • Is the ADB's GDP forecast for India reasonable?   Monday, 23 Mar 2015 | 10:53 PM ET
    People walk past a LVMH Moet Hennessy Louis Vuitton SA store at the DLF Emporio shopping mall in New Delhi, India.

    Duvvuri Subbarao, former governor of the Reserve Bank of India, says the Asian Development Bank's forecast for India to grow 7.8 percent in fiscal year 2015-2016 matches market expectations.

  • WASHINGTON, March 17- President Barack Obama will promote U.S. business investment programs to executives from Google Inc, BMW AG and other international companies on March 23 at an administration-led summit to boost job creation in the United States. This year's summit is designed to connect investors with local, state and regional economic development...

  • WASHINGTON, Feb 15- When Wisconsin Governor Scott Walker, a potential Republican presidential candidate, traveled on a trade mission to Britain last week, he brought along top officials from his economic development agency to help drum up jobs. "The idea was that Wisconsin policies are better than the national policies and we were going to move ahead of the...

  • MIDEAST STOCKS-Gulf markets surge on stronger oil Thursday, 18 Dec 2014 | 8:25 AM ET

    *Saudi Arabia's finance minister says state to keep spending. *UAE companies buy back cheap shares. DUBAI, Dec 18- Stock markets in Saudi Arabia and the United Arab Emirates soared on Thursday after the price of oil rebounded and the Riyadh government eased investors' fears by saying it would continue spending heavily on economic development.

  • How to play China's economic rebalancing   Monday, 22 Jul 2013 | 11:03 PM ET
    How to play China's economic rebalancing

    Matt Jamieson, Head of APAC Research, Corporate Ratings Group at Fitch Ratings thinks the housing, cement and steel industries will benefit the most from China's economic transition.

  • Chinese Tycoon Looks to Build Panama Canal Rival Friday, 14 Jun 2013 | 1:21 PM ET
    The Panama Canal

    Nicaragua's congress has passed bill granting a little-known Chinese tycoon the exclusive right to develop a multibillion-dollar rival to the Panama Canal.

  • Unearthing Africa's Potential   Sunday, 2 Jun 2013 | 9:15 PM ET
    Unearthing Africa's Potential

    Mohamed Beavogui, Director of the Partnership and Resource Mobilization Office at the International Fund for Agricultural Development, discusses why Africa's agricultural and economic potential is attracting attention.

  • Where Did South East Asia Go Wrong?   Friday, 19 Apr 2013 | 4:30 AM ET
    Where Did South East Asia Go Wrong?

    Joe Studwell, author of How Asia Works, explains why Asia is "an extraordinary laboratory of success and failures" in development strategy and says south-east Asia "got it all wrong".

  • Mortgage Apps Fell   Wednesday, 13 Mar 2013 | 1:00 PM ET
    Mortgage Apps Fell

    The Mortgage Bankers Association reported applications for new mortgages fell 4.7 percent from the week before, with CNBC's Diana Olick.

  • Economic Freedom Slowing: Heritage Foundation   Wednesday, 9 Jan 2013 | 6:40 PM ET
    Advance Towards Economic Freedom Slowing: Heritage Foundation

    Edwin Feulner, President, Heritage Foundation says developments from nations world over on the 'Economic Freedom' front have slowed over the past year.

  • Significance of Community Building in ASEAN: ADB   Thursday, 6 Dec 2012 | 6:40 PM ET
    Significance of Community Building in ASEAN: ADB

    Iwan Azis, Head of Office of Regional Economic Integration, Asian Development Bank doesn't think the ASEAN economic community will meet all its targets by 2015, but stresses the significance of the community-building consensus in the bloc.