Jim Cramer focused in on one stat during a light week of earnings that could change the Fed’s rate outlook. » Read More
"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.
Asian stock markets extended losses for the second day in a row driven by concerns of a worsening euro zone debt crisis, with one expert saying a bear market has come to stay.
The failure of a string of exchange mergers means bourses in Asia and Latin America stand the best chance eventually of consolidating, leaving their western counterparts to limit themselves to less ambitious partnerships. The FT reports.
Indonesia’s steady economic growth has lifted millions of people from poverty into the middle classes. But, rather than feel secure, many remain financially vulnerable and have become increasingly disillusioned with a government seen as unable to provide basic public services across the vast island nation of 240m people. The FT reports.
The debt deal's all well and good, but the dollar is still on track to weaken, this strategist says.
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.
Indonesia's rupiah is on a roll and high frequency traders are on the prowl. Time for your FX Fix.
Food prices are prices are falling in India and some other Asian countries. Staples such as tomatoes and potatoes, which peaked earlier in the year and caused great stress to poorer families, have seen prices moderate in recent weeks. The FT reports.
Ben Bernanke acknowledged on Tuesday that the U.S. economic recovery is fragile, but he didn't hint at any further monetary stimulus. One strategist says investors should be prepared for a period of 'slowflation': slow growth accompanied by high inflation.
This week will be chockablock with central bank meetings. Here's how to trade them.
The rising labor costs for companies that supply Chinese goods to the West may result in higher consumer prices. The NYT reports.
Money is continuing to pour into emerging market bond funds, subduing the cost of borrowing for developing countries and underlining the shift in economic power away from the western heavyweights of the financial system. The FT reports.
Rising oil prices have created concerns about the cost of fuel subsidies across the region. Although these costs will increase, it is important to make distinctions based on each government’s ability to absorb the higher costs.
The dollar is in the dumps, the euro is flying high, and high-speed traders are on the loose. Time for your daily FX Fix.
Sotheby’s and Christie’s Spring auctions in Hong Kong are seen as a barometer of Asia’s art market. Click to view Asia’s most expensive paintings sold via the two auction houses over the past year.