Emerging Markets News

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Fri, 20 Nov 2009 20:06:00 GMT

Developing A Taste For China’s New Economy

"So what's that?" I asked, gesturing at a bowl of grayish fleshy ribbons with little spikes. It was one of the many tough-to-identify animal parts cramming the Lazy Susan. Zhang Haiqing, deputy director of the Foreign and Overseas Chinese Affairs Office,
Fri, 20 Nov 2009 20:06:00 GMT

Argentina Economy Minister:Debt Swap Done By January At Latest

BUENOS AIRES -(Dow Jones)- Argentina is submitting the necessary forms to regulatory authorities overseas for a defaulted debt swap proposal and expects to have an offer on the table by the end of the year or January at the latest, Economy Minister Amado
Fri, 20 Nov 2009 20:03:00 GMT

Croatian parliament approves Popijac as economy minister

ZAGREB, Croatia -- Parliament approved Djuro Popijac as the country's new economy minister on Thursday (November 19th). He replaces Damir Polancec, who resigned late last month amid a corporate scandal involving the food company Podravka. Lawmakers also
Fri, 20 Nov 2009 19:50:00 GMT

Caution Signals for Emerging-Market Currencies

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Fri, 20 Nov 2009 19:44:00 GMT

Sensex falls as investors book profit

The Bombay Stock Exchange benchmark Sensex Wednesday fell 0.3 per cent as investors sold shares to book profits, ending a three-day rally. The 30-share benchmark index, which gained over 355 points in the last three days, attracted profit selling and
Fri, 20 Nov 2009 19:43:00 GMT

Argentine economy grew 0.6 pct in September yr/yr

BUENOS AIRES, Nov 20 (Reuters) - Argentina's economy grew a faster-than-expected 0.6 percent in September from the same month a year earlier, the government said on Friday. The result for the monthly EMAE economic activity index was above a median
Fri, 20 Nov 2009 19:39:00 GMT

Sensex may test 16610 - 16420: Angel

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Fri, 20 Nov 2009 19:17:00 GMT

Emerging Market Sector ETFs Struggle To Find Their Audience

When the investing public has little interest in a particular exchange-traded vehicle, the company sponsoring the ETF may be forced to close the fund. And while you’re not at risk of losing an entire investment, you may not get an adequate
Fri, 20 Nov 2009 19:07:00 GMT

Industrialization will help Africa fully join world economy: UN chief

UNITED NATIONS, Nov. 20 (Xinhua) -- Industrialization can serve as 'a critical engine of economic growth and development' for Africa, which, like the rest of the world, continues to feel the impact of the global economic and financial crisis, UN
Fri, 20 Nov 2009 19:07:00 GMT

TMT players eye emerging markets as recovery remains elusive

While industry mood has improved over past 12 months, outlook remains far from upbeat. As a particulary tough 2009 draws to a close, telecommunications, technology and media industry executives are looking to emerging markets for growth again, while
Fri, 20 Nov 2009 18:57:00 GMT

European Commission and IMF welcome reaffirmed commitments of the largest foreign banks in Hungary

In a meeting in Brussels of the European Bank Coordination Initiative held on 19 November 2009, the parent banks of the six largest foreign banks active in Hungary reaffirmed their commitments made in May 2009 to support their subsidiaries. These
Fri, 20 Nov 2009 18:52:00 GMT

Indian economy likely to grow 8 pc next fiscal: Nomura

NEW DELHI: The Indian economy is likely to grow by eight per cent in the next fiscal, propelled by domestic demand, financial services firm Nomura has said. "The fundamental drivers of domestic demand are falling into place. We ...expect growth to
Fri, 20 Nov 2009 18:36:00 GMT

How China and the US can boost the global economy (The Christian Science Monitor)

Beijing China's role in the international policy debate has been rising in tandem with its growing economy. As a key member of the G-20, China is helping to elaborate the global policy priorities for the future and devise solutions to global problems.
Fri, 20 Nov 2009 18:34:00 GMT

Argentina Economy MinisterDebt Swap Done By January At... (DJ)

BUENOS AIRES -(Dow Jones)- Argentina is submitting the necessary forms to regulatory authorities overseas for a defaulted debt swap proposal and expects to have an offer on the table by the end of the year or January at the latest, Economy Minister Amado
Fri, 20 Nov 2009 18:28:00 GMT

Emerging-Market Bond, Equity Funds See Inflows For Week... (DJ)

By Riva Froymovich Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Emerging-market bond and equity funds saw inflows in the week ending Nov. 18, said fund tracker EPFR Global. Emerging-market bond funds posted their second-highest weekly inflow since EPFR
Fri, 20 Nov 2009 18:25:00 GMT

November 2009 "Market's Measure" - Preliminary Report - A Monthly Report From Dow Jones Indexes And STOXX Ltd. On The Performance Of U.S., European, Asia And Other Global Stock Market Indexes

In the U.S., the Dow Jones U.S. Basic Materials Index was the biggest winner in November, posting a 11.50% gain. The Dow Jones U.S. Utilities Index posted the narrowest gain, up 2.03%. In Europe, the Dow Jones STOXX 600 Basic Resources Index posted the
Fri, 20 Nov 2009 18:22:00 GMT

UPDATE 1-Latvia backs tax rises to meet IMF/EU loan terms

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Fri, 20 Nov 2009 18:21:00 GMT

Sensex ends above 17,000-mark

Mumbai, Nov 20 (IANS) A late rally by banking and energy stocks Friday helped a benchmark index close above the 17,000-mark, up 1.47 percent, after languishing in the negative terrain for most part of the day. The sensitive index (Sensex) of the Bombay
Fri, 20 Nov 2009 18:21:00 GMT

Late rally pushes Sensex above 17,000-point mark

Mumbai, Nov 20 (IANS) A late rally by banking and energy stocks Friday helped a benchmark index close above the 17,000-point mark, up 1.41 percent, after languishing in the negative terrain for most of the day. The sensitive index (Sensex) of the Bombay
Fri, 20 Nov 2009 18:21:00 GMT

Emerging-Market Bond, Equity Funds See Inflows For Week -EPFR

NEW YORK -(Dow Jones)- Emerging-market bond and equity funds saw inflows in the week ending Nov. 18, said fund tracker EPFR Global. Emerging-market bond funds posted their second-highest weekly inflow since EPFR started tracking, absorbing $963 million.
Fri, 20 Nov 2009 18:18:00 GMT

UPDATE 1-Latvia backs tax rises to meet IMF/EU loan terms

RIGA, Nov 20 (Reuters) - Latvia's government on Friday agreed a further rise in the income tax rate and other measures aimed at plugging gaps in its 2010 budget to meet the terms of a 7.5 billion euro international bailout. Latvia has had to find ways
Fri, 20 Nov 2009 18:13:00 GMT

UPDATE 1-Latvia backs tax rises to meet IMF/EU loan terms

Latvia has had to find ways to cut its budget deficit by 500 million lats ($1.05 billion) this year under agreements with the International Monetary Fund and European Union, aimed at avoiding state bankruptcy and currency devaluation. The country, run by
Fri, 20 Nov 2009 18:09:00 GMT

Crisis in Africa not over,growth bottoming out: IMF

LONDON (Reuters) - It is too early to call an end to the crisis in Africa but the medium-term outlook is looking more promising, an International Monetary Fund official said on Friday.
Fri, 20 Nov 2009 18:09:00 GMT

Argentina Economy Minister:Debt Swap Done By January At Latest

BUENOS AIRES -(Dow Jones)- Argentina is submitting the necessary forms to regulatory authorities overseas for a defaulted debt swap proposal and expects to have an offer on the table by the end of the year or January at the latest, Economy Minister Amado
Fri, 20 Nov 2009 18:09:00 GMT

UPDATE 1-Latvia backs tax rises to meet IMF/EU loan terms

RIGA, Nov 20 (Reuters) - Latvia's government on Friday agreed a further rise in the income tax rate and other measures aimed at plugging gaps in its 2010 budget to meet the terms of a 7.5 billion euro international bailout. Latvia has had to find ways to
Fri, 20 Nov 2009 18:06:00 GMT

Sensex down 118 points in opening tra...

Nov 2009 ..... Rs. 17160 (INR) Islamic Sensex down 118 points in opening trade on global cuesFriday, 20 November 2009 Mumbai, Nov 20: Continuing its slide for the third straight session, the Bombay Stock Exchange benchmark index Sensex lost nearly 118
Fri, 20 Nov 2009 17:58:00 GMT

Rugby boost for South African economy

JOHANNESBURG - The rugby series between the Springboks and the British and Irish Lions boosted the South Africa economy to the tune of almost R1.5 billion, a study commissioned by SA Rugby has revealed. The public interest in the ten-match series, and
Fri, 20 Nov 2009 17:39:00 GMT

Latvia backs tax rises to meet IMF/EU loan terms

RIGA, Nov 20 (Reuters) - Latvia's government on Friday agreed a further rise in its income tax rate and other measures aimed at plugging gaps in its 2010 budget to meet the terms of a 7.5 billion euro international bailout. Finance ministry spokesman
Fri, 20 Nov 2009 17:26:00 GMT

Emerging-Market Bond, Equity Funds See Inflows For Week -EPFR

Bond, Equity Funds See Inflows For Week -EPFR readCookie(name) return x readCookie('nasdaqecm') (x) else CookieValues for(var CookieValues.length;i++) else else Bond Market Financial Dividend Stock Basics NASDAQ letter Most Popular Stories Latest Q&A
Fri, 20 Nov 2009 17:22:00 GMT

Latvia backs tax rises to meet IMF/EU loan terms

Finance ministry spokesman Aleksejs Jarockis said the five-party coalition government had agreed measures that would raise a further 57.9 million lats ($121.3 million) to help meet a target of overall budget cuts worth 500 million lats. The government
Fri, 20 Nov 2009 17:19:00 GMT