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Widely publicized jeremiads about emerging markets are mainly referring to East Asia's developing economies. They are totally wrong.
Sudhir Shetty, chief economist for East Asia and the Pacific at the World Bank, explains why the bank trimmed China's 2015 growth forecast to 6.9 percent, from 7.1 percent previously.
"A big part of it is the fact that commodity prices are down and continue to be down," Jim Yong Kim said.
Emerging markets have come "completely unhinged," and they will likely drag on growth in the U.S. and Europe, Mohamed El-Erian said.
World Bank President Jim Yong Kim, discusses why he sees a potentially negative impact from raising interest rates on the global economy.
South Asia has failed to plan effectively for mass urbanization, according to a new World Bank report.
Gold fell to a four-week low on Wednesday as stock markets strengthened and the dollar firmed.
Fidel Castro once revealed some uncharacteristic financial regrets when seeking help for Cuba from a U.S. banker in 1980.
The oil price could be stuck firmly around $50 by 2020, a Goldman Sachs analyst told CNBC, raising new fears about companies who've already cut costs.
The recent gyrations in China's stock market will have limited direct impact on global investors.
The World Bank has upped its oil price forecast for 2015, but the marginal rebound in the price of Brent crude won't pull energy prices up.
China needs to take these three steps to restore its markets and investor confidence, says Curtis Chin.
Sub-Saharan Africa has been the darling of frontier market investors for several years. However, a combination of factors could see its appeal for investors wane.
Mainland China's heavy-handed intervention in its stock market damages the credibility of its broader efforts to become a more open market.
An Iran nuclear deal could mean a possible arms race in the Middle East——or improved relations between historic enemies, experts say.
Investors looking for clues on how the slightly weaker-than-expected June jobs report figures into the Fed's thinking should relax, market watcher Richard Bernstein tells CNBC.
São Paulo is experiencing a water crisis so bad that experts say it could impact business internationally.
How China's new Asian Infrastructure Investment Bank can rival the West's World Bank, says Curtis Chin.
China will hold a 30.34 percent stake in the AIIB, making Beijing the largest shareholder that will project the country's growing soft power.
With the perception of China using the AIIB to push its political agenda, Japan is unlikely to join as of now.