The International Monetary Fund has raised concerns over fast credit growth and soaring asset prices in Asia as a result of growing fund flows. The Fund has a positive outlook for the region as a leader of the global growth, but it’s tempered with a cautionary note to policymakers about the region’s potential for overheating, […]
Emerging economies will continue to grow two to three times faster than industrialized economies for the next five years. But Canadian businesses have yet to fully exploit new economic opportunities spawned by the changing landscape.
For the first time, Chinese banks have edged ahead of U.S. heavyweights like JP Morgan and General Electric to secure the top two spots on Forbes’ 10th annual ranking of the world’s top 2000 businesses, reports Guardian.co.uk. Overall, the list has a total of 543 companies from the U.S., while its closest rivals Japan and […]
The International Monetary Fund (IMF) has lowered its 2013 outlook for global growth over concerns of uneven recovery. In its World Economic Outlook report, the IMF warned of “high medium-term risks” rooted in the Eurozone crisis, and deficit and debt issues plaguing the U.S. and Japan, reports FT.com. The fund says emerging economies will continue […]
Sectors exposed to GDP growth will drive market performance.
The country’s large population means it’s a great place to play the consumer theme.
With its $2-trillion economy, Russia is among the world’s top ten markets.
There has been a dramatic shift in the OECD central banks’ approach to their monetary policies since 2007. The old practice of anticipating inflation has now given way to central bankers being more reactive to inflationary outcomes, reports FT.com. One of the many implications of this change is its impact on currency movements causing emerging […]
Emerging markets are getting rid of their euro reserves en masse making the single currency a weaker rival to the dollar. Data released by the IMF reveals developing countries dumped €45bn ($58.8bn) of euros in 2012, reports FT.com. While the U.S. dollar still constitutes the bulk of their foreign currency reserves, the Australian dollar and […]
The unabated flow of funds into emerging markets debt has raised concerns among some money managers who feel developing countries may lack the size and scale to absorb the influx. However, such technicalities have done little to dampen investors’ quest for more lucrative alternatives to low-yielding bond investments in more mature markets, reports FT.com. As […]