Emerging Markets News

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Mon, 12 May 2008 12:25:00 GMT

Thai Fin Min: Coup Unlikely, But Speculation Hurts Stock Market

BANGKOK -(Dow Jones)- Thai Finance Minister Surapong Suebwonglee said Monday he doesn't believe another coup is likely but ongoing speculation of a military takeover has been hurting the stock market. 'In my point of view, a coup is unlikely to take
Mon, 12 May 2008 12:25:00 GMT

Emerging markets invest $1.7trillion in real estate

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Mon, 12 May 2008 12:24:00 GMT

China raises reserve requirement ratio to fight inflation

Xinhua English BEIJING, May 12 (Xinhua) -- China's central bank announced on Monday that it would raise the reserve requirement ratio for commercial banks by 0.5 percentage point to curb the rising inflation. This is the fourth such move so far this
Mon, 12 May 2008 12:23:00 GMT

China's April inflation near decade-high levels

BEIJING - China's inflation rebounded in April to near decade-high levels, according to data released Monday, increasing pressure on Beijing to cool rapidly ascending prices and avert possible unrest ahead of the Summer Olympics. The government also
Mon, 12 May 2008 12:18:00 GMT

Sensex snaps 5-day long falling streak, gains 124 pts

Mumbai (PTI): The Bombay Stock Exchange benchmark Sensex on Monday snapped its five-day long falling streak by gaining 124 points on emergence of buying by funds in all major stocks at the existing lower levels. The 30-share Sensex, which had been on
Mon, 12 May 2008 12:18:00 GMT

China's April inflation near decade-high levels

BEIJING - China's inflation rebounded in April to near decade-high levels, according to data released Monday, increasing pressure on Beijing to cool rapidly ascending prices and avert possible unrest ahead of the Summer Olympics. The government also
Mon, 12 May 2008 12:13:00 GMT

China inflation up 8.5 percent to near decade - high levels despite attempts to control prices

The government also released data showing China's trade surplus fell by 1 percent in April. That could help to ease inflation by reducing the amount of money flooding into the booming economy. April's consumer prices rose 8.5 percent compared with the
Mon, 12 May 2008 12:11:00 GMT

China's April inflation near decade-high levels

Pork vendors uses mobile phones while waiting for customers at their store in Beijing Monday, May 12, 2008. China's inflation rebounded in April to near decade-high levels, adding to pressure on Beijing to cool rapid price rises and avert possible unrest
Mon, 12 May 2008 12:01:00 GMT

Asian markets edge higher; Chinese shares rise despite earthquake, higher inflation

BANGKOK, Thailand: Asian markets edged tentatively higher Monday as investors awaited a slew of key U.S. economic data and Federal Reserve Chairman Ben Bernanke's speech this week for hints of what's in store for the U.S. economy. Shanghai's main index
Mon, 12 May 2008 11:59:00 GMT

China's April inflation near decade-high levels

BEIJING: China's inflation rebounded in April to near decade-high levels, according to data released Monday, increasing pressure on Beijing to cool rapidly ascending prices and avert possible unrest ahead of the Summer Olympics. The government also
Mon, 12 May 2008 11:59:00 GMT

Chinese growth powers Russian economy, says Barings

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Mon, 12 May 2008 11:55:00 GMT

China's April inflation near decade-high levels

BEIJING (AP) -- China's inflation rebounded in April to near decade-high levels, according to data released Monday, increasing pressure on Beijing to cool rapidly ascending prices and avert possible unrest ahead of the Summer Olympics. The government
Mon, 12 May 2008 11:52:00 GMT

Asian markets edge higher; Chinese shares rise despite earthquake, higher inflation

BANGKOK, Thailand-Asian markets edged tentatively higher Monday as investors awaited a slew of key U.S. economic data and Federal Reserve Chairman Ben Bernanke's speech this week for hints of what's in store for the U.S. economy. Shanghai's main index
Mon, 12 May 2008 11:51:00 GMT

Microsoft offers low-cost XP for emerging markets

Microsoft has announced that it will cut the price of its XP operating system for ultra-low cost PCs that are built for emerging markets. Although it has yet to confirm that XP will be handed a stay of execution for PC manufacturers, the OS will remain
Mon, 12 May 2008 11:51:00 GMT

Kiev to host EBRD 17th Annual Business Forum on May 18 and 19

BRUSSELS, May 8 - Kiev will host the Business Forum of the European Bank for Reconstruction and Development at the 17th Annual Meeting of the EBRD's Board of Governors on May 18 and May 19. The event will be attended by representatives of the largest
Mon, 12 May 2008 11:50:00 GMT

China's April inflation rises to 8.5 percent (AP)

ET BEIJING - China's inflation rebounded in April to near decade-high levels, adding to pressure on Beijing to cool rapid price rises and avert possible unrest ahead of the Summer Olympics, according to official data reported Monday. Consumer prices
Mon, 12 May 2008 11:38:00 GMT

Poland to decide in 2008 on building Poland's first nuclear reactor -Economy Minister Pawlak

WARSAW. MAY 12. INTERFAX CENTRAL EUROPE - Poland will decide in 2008 on the construction its first nuclear power plant, Polish Deputy Prime Minister and Minister of Economy Waldemar Pawlak said during a briefing on Monday. 'This decision [about
Mon, 12 May 2008 11:36:00 GMT

China April inflation rises to 8.5 percent

China's inflation rebounds to 8.5 percent despite efforts to cool price increases BEIJING (AP) -- China's inflation rebounded in April to near decade-high levels, adding to pressure on Beijing to cool rapid price rises and avert possible unrest ahead of
Mon, 12 May 2008 11:36:00 GMT

China Hikes Reserve Requirement Ratio As Inflation Accelerates

(RTTNews) - In response to persistently higher inflation, the Chinese central bank asked banks to set aside more money in a bid to limit lending. Monday, the People's Bank of China raised the banks' reserve requirement ratio by 50 basis points to 16.5%,
Mon, 12 May 2008 11:35:00 GMT

Education drives developing economies

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Mon, 12 May 2008 11:25:00 GMT

Infy, Satyam eye emerging markets

BANGALORE: India's export-driven software services companies are shifting focus to emerging economies, such as the Middle East and Africa, where technology spending is growing twice as fast as in developed countries. As the United States, which
Mon, 12 May 2008 11:18:00 GMT

Sensex closes at 16,876

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Mon, 12 May 2008 11:17:00 GMT

Thai Fin Min: Coup Unlikely, But Speculation Hurts Stock Market

BANGKOK -(Dow Jones)- Thai Finance Minister Surapong Suebwonglee said Monday he doesn't believe another coup is likely but ongoing speculation of a military takeover has been hurting the stock market. 'In my point of view, a coup is unlikely to take
Mon, 12 May 2008 11:14:00 GMT

Zimbabwe pays 700 mln dollars to reduce foreign debt: AfDB

0 AfDB said in a statement that Zimbabwe had been in arrears and made the repayment last month despite the deepening foreign exchange shortages facing the embattled southern African nation. 'Zimbabwe has, in all, paid 700 million dollars to the bank
Mon, 12 May 2008 11:14:00 GMT

China raises reserve requirement ratio to fight inflation (2008-05-12 Xinhua English)

Xinhua English BEIJING, May 12 (Xinhua) -- China's central bank announced on Monday that it would raise the reserve requirement ratio for commercial banks by 0.5 percentage point to curb the rising inflation. This is the fourth such move so far this
Mon, 12 May 2008 11:08:00 GMT

Authority: Hot money has negative impact on Chinas economy

China continues to be a major recipient for foreign direct investment. And besides investments, the country's booming economy is also attracting a lot of hot money--money that flows between financial markets in search of the highest short term interest.
Mon, 12 May 2008 11:03:00 GMT

China April inflation rises to 8.5 percent

BEIJING (AP) - China's inflation rebounded in April to near decade-high levels, adding to pressure on Beijing to cool rapid price rises and avert possible unrest ahead of the Summer Olympics, according to official data reported Monday. The government
Mon, 12 May 2008 11:00:00 GMT

China raises reserve requirement ratio to fight inflation

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Mon, 12 May 2008 10:58:00 GMT

Sensex up 9 points

MUMBAI: Stock indices were off early lows, encouraged by positive global cues, with frontline shares leading the advance. Sectorwise, technology and FMCG scrips were trading with gains, while metals and real estate continued to languish. Weak industrial
Mon, 12 May 2008 10:57:00 GMT

WRAPUP 2-China inflation near 12-year high, c.bank acts

(Reuters) - China's consumer price inflation clung near a 12-year high in April, and authorities quickly reacted by raising the amount of money banks must keep in reserve, sticking to a tight policy despite weakening global growth. For authorities who
Mon, 12 May 2008 10:56:00 GMT