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Emerging News

Turkey lira crisis highlights emerging currencies plight

Paris - Much of the Turkish lira's plight may be homegrown, but it shares some key vulnerabilities with other emerging countries whose currencies are now also plunging as fear of contagion spreads, analysts say.

How companies can prepare for digital transformation

Digital transformation is impacting every sector and business, and with all the guides being published it's easy to get lost. Here's a roundup of how experts think companies should be preparing for digital transformation.

Emerging markets suffer in Greece's shadow

Paris - Greece has been hogging headlines lately, but emerging markets have also had their share of tribulations with the Chinese stock market in convulsions and the Brazilian economy and currency hitting the skids.

IMF: 'herdlike' behavior driving global capital flows

Washington - Global capital flows are increasingly "herdlike" and volatile, making it harder for emerging economies to lock down capital, the International Monetary Fund said Saturday.

High-yield bonds draw investors as emerging debt loses them

Shove over, emerging markets - high-yield debt has taken your place.

Wal-Mart's China syndrome a symptom of international woes

Wal-Mart Stores Inc, famed for its low prices, has stumbled in the one major market where consumers say price is less of a driver in their buying decisions: China.

Emerging markets output growth slows to 4-month low in January: HSBC

Business activity across emerging markets expanded in January at the slowest pace in four months, dragged down by sluggish services sectors in the BRIC quartet of big developing countries, a survey showed on Monday.

Emerging market 'contagion' threatens rich countries

Paris - Financial turmoil in emerging economies could spread and cause damage to developed countries, notably by crimping growth, analysts say.

IMF says no panic in emerging markets

Washington - The International Monetary Fund said Tuesday that there was no panic in emerging markets even as countries like India, Turkey and Argentina were facing sharp capital outflows and currency pressures.

Emerging markets launch ratings agency rival

London - ARC Ratings, five credit ratings agencies mainly from emerging markets, launched on Thursday a rival to the sector's main players including Fitch and Moody's.

MoMA’s new photography show features six emerging artists

New York - The Museum of Modern Art has announced its 26th annual “New Photography” exhibition, set to run September 28, 2011 through January 16, 2012, with an expanded show featuring six artists from Canada, China, England, Holland and the US.

Op-Ed: Peru Unscathed

THE CURRENT MELTDOWN IS SHOWING THE FINANCIAL RESILIENCE OF THE PERUVIAN ECONOMY. THE EFFORTS OF TWO DECADES OF ECONOMIC REFORM AND FINANCIAL RESTRAINT ARE PAYING OFF .
 

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