While advanced western economies’ credit ratings have taken it on the chin in recent years, emerging markets have enjoyed steady upgrades, reports the Financial Times.
The BRICS group of emerging market economies has long sought greater sway in global finance and at the International Monetary Fund (IMF), which is currently dominated by advanced economies. Now the group, which accounts for 43% of the world’s population, is considering plans to set up a new bank that will reduce its dependence on […]
Investors should be cautiously optimistic on China and the U.S., but expect scant positive news out of the Eurozone.
Developed markets rode the rising tide of equities to vault over their counterparts in emerging markets in the first quarter of 2013. Stock markets in the advanced economies have gained 6.6% so far this year while they have given up 3% in the emerging economies, reports FT.com. However, economic growth in emerging markets remains strong […]
The Reserve Bank of India is probing three banks for their alleged roles in money laundering based on a sting operation carried out by an Indian news website.
What’s scaring European investors most?
Central bank stimulus is now driving asset values around the world.
Emerging markets are outpacing their developed peers, but think carefully about how clients should integrate them.
Canadian investors now have access to two new global funds.
Canada is well positioned to develop a strong Liquefied Natural Gas (LNG) market that will create jobs, and an export-focused competitive energy industry. “Progress is being made on essential regulatory issues,” says Jim Prentice, senior executive vice president and vice chairman of CIBC. “Pipeline routes in from the gas fields are taking shape. Competition is […]