Canadian inflation rose, the U.K. budget narrowed, but it's all about Europe - time for your FX Fix.
Towering above Mumbai’s skyline, the 27-storey new home of India’s richest man has become a symbol of both the fabulous wealth of the country’s business elite and of the gulf between them and those at the bottom.
Growth in emerging markets slowed to its weakest pace for more than two years between July and September as manufacturing output decelerated amid fears of a global slowdown, according to figures from HSBC.
Mike Elliott, global mining & metals leader at Ernst & Young, says that increasing domestic demand from emerging markets will sustain commodity prices.
Africa share valuations are compelling and the region is ripe for investment, Graham Stock, chief strategist at Insparo Asset Management, told CNBC Thursday.
"Now is absolutely the right time to invest in Africa. We are talking about price-earning ratios in the low single digits in some cases. There are some very attractive opportunities across a wide range of countries," Graham Stock, chief strategist at Insparo Asset Management, told CNBC.
Roving tellers are seen as a promising way to help the rural poor save and protect their money. The NYT reports.
Gold's recent sell-off belies its long term attractiveness and investors should avoid the panic and stay faithful to the precious metal, Dominic Schnider, Commodities expert at UBS Wealth Management told CNBC Thursday.
The Federation of Indian Chambers of Commerce and Industry is embarking on a nationwide initiative with Bain, the US management consultant, to restore faith in India's business community and investment prospects. The FT reports.
While the buzz word on the hill is taxes, you can also add trade. This week Congress has the three pending trade agreements before them- Panama, Columbia and Korea. Just like taxes, there are two sides to the trade issue.
Even though India is famous for it software industry, it hasn’t been a conducive environment for up-and-coming technology companies. The NYT reports.
When the Reserve Bank of India meets on Friday to take a decision on whether or not to hike interest rates, inflation will be its key focus given the more-than-expected increase in the Wholesale Price Index in August
While there are reasons to be bullish now on emerging markets, future opportunities turn to non-BRIC countries.
Nokia, the Finnish telecoms company, has hit back against claims that it pays below the living wage at its biggest phone factory in India, which were made by Finnwatch, the human rights organization. The FT reports.
Emerging markets are being called upon to do the global economy’s heavy lifting, causing some investors to rush into the asset class, while giving others pause that a bubble is beginning to form.
Indians have been flocking to Italy, with thousands helping to support the dairy industry. The NYT reports.
"With rolling debt crises blasting Western economies already weakened by the recession, hopes are resting on the developing market dynamos of Brazil, Russia, India and China to power countries and corporations back to growth. Keeping those engines humming is due, to a greater and greater extent, to the new power of women," according to these authors.
Calls for protectionism make no sense in today's global economy and globalization was not responsible for the economic downturn, despite some claims to the contrary by politicians, Pascal Lamy, Director General of the World Trade Organization told CNBC.
Global recession in 2012 is “65 to 75 percent certain" and could deteriorate into a lengthy depression, Roger Nightingale, economist and strategist at RDN Associates, told CNBC on Monday.
As demand outpaces the constrained small supply of gold — who has the most?