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| Emerging Markets News |
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Average inflation in Russia in August hits 0.6 percent
MOSCOW, Sept. 7 — The average inflation in Russia in August hit 0.6 percent, announced the Federal Statistics Service Rosstat on Monday. Since the start of the year, inflation rate has been 5.4 percent. In 16 regions the inflation rate was over 1
Sensex hits 31-month high, Reliance Industries gains
MUMBAI, Sept 7 (Reuters): The BSE Sensex climbed to 31-month highs for the second consecutive day Tuesday, but traders said the market was vulnerable to a correction amid muted world markets. Energy major Reliance Industries, which had been an
Kazakhstan Business and Economy Roundup - September 7, 2010
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EMERGING MARKETS-Latam markets close down on European worries
* Mexico's IPC down 0.9 pct, Chile's IPSA loses 0.65 pct * Mexico's peso down 1 pct on European bank woes (Updates prices to close) MEXICO CITY, Sept 7 (Reuters) - Latin American stocks and Mexico's peso fell on Tuesday as reports on the European
Imperatives of gas development to Nigeria’s economy, by NGA
AS the global trend shifts tremendously towards gas utilisation, the need for Nigeria to adequately formulate a unique mechanism by which it would optimally utilise its abundant gas resources to boost its crippling economy, has been stressed. The
Under the Radar ETF: PowerShares DWA Emerging Markets Technical Leaders
By Jason RaznickFor all the fanfare that emerging markets ETFs get, there are still a few that fly under the radar. One such example is an interesting play, the PowerShares DWA Emerging Markets Technical Leaders ETF (PIE) Nearly three years old, PIE
The Emerging Market ETF Boom Continues
Michael Johnston submits: Over the last several years, the ETF industry has seemingly been locked in to “three steps forward, one step back” mode. August was the most recent step back, as ETFs experienced net cash outflows for only the second time
Saudi Arabian Inflation Accelerates for Seventh Month to 6.1% in August
Saudi Arabian inflation accelerated for a seventh month to reach 6.1 percent in August, the state- run Saudi Press Agency reported on its Web site. Consumer prices rose 0.5 percent from July. ...
Lithuania Raises Inflation Forecast, Retains GDP Projection
(RTTNews) - Lithuania's Finance Ministry has raised its inflation forecasts for this year and now expects consumer prices to increase 1.1% in contrast to the 0.1% decline predicted in February. However, the ministry has left unchanged the growth forecast
Lithuania Raises Inflation Forecast, Retains GDP Projection
(RTTNews) - Lithuania's Finance Ministry has raised its inflation forecasts for this year and now expects consumer prices to increase 1.1% in contrast to the 0.1% decline predicted in February. However, the ministry has left unchanged the growth forecast
World Bank in partnership talks with Uzbekneftegaz
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Georgian student wins EBRD “Born in ‘89” -essay competition
Ana Dabrundashvili, a university student from Tbilisi , Georgia, has won the “Born in ‘89” - essay competition, organised by the EBRD in co-operation with UniCredit and the Financial Times newspaper. Ms Dabrundashvili’s essay was chosen among
India: Economic reforms in limbo as state polls near
Will government succeed in passing key pro-market bills that have been in limbo for years? Not in the near future,...
IMF to work with Bangladesh on reform programme
WASHINGTON WASHINGTON In a statement at the end of a staff visit, the IMF said the programme would aim to embrace key elements of the Bangladeshi government's reform agenda on tax policy and administration, public finance management and creating
EIB, EBRD and IFC start appraisal of Nabucco pipeline
Leaders of participating countries pose for a group photo after the signing ceremony of the Nabucco Intergovernmental Agreement in Ankara, July 13 2009. Photo: Reuters The European Bank for Reconstruction and Development (EBRD), the European Investment
Charlemagne Says Emerging Markets on the Rebound
LONDON (Reuters)Fund manager Charlemagne Capital cited renewed investor confidence in emerging markets for a recovery in inflows since June after volatile markets and choppy sentiment hit first half operating profits by 10 percent. Charlemagne's
China Inflation of 5% Affordable, Galaxy Securities's Zuo Says
Inflation of 5 percent in China this year is an affordable level, Zuo Xiaolei, chief economist for Galaxy Securities Co., said at a forum in Beijing today. China will control inflation at 3 percent to 5 percent this year, Zuo said. The nation's economy
EMERGING MARKETS-Latam markets close down on European worries
* Mexico's IPC down 0.9 pct, Chile's IPSA loses 0.65 pct * Markets closed for holiday in Brazil * Mexico's peso down 1 pct on European bank woes (Updates prices to close) By Caroline Stauffer MEXICO CITY, Sept 7 (Reuters) - Latin American stocks and
Can trade with China help the UK economy?
The UK Pavilion at the Shanghai World Expo stands out thanks to its unusual design Can China, the country whose economy continues to power ahead, provide the profits to keep western companies who have invested there afloat? The UK's exports to China
Sensex rises by 85 points to fresh 31-month high
The BSE benchmark Sensex on Tuesday rose by 85 points to touch a fresh 31-month high on sustained buying by funds in mainline stocks, particularly Reliance Industries. The 30-share Sensex, which had gained over 338 points in the previous session, added
Exchange Market Pressure and Absorption by International Reserves: Emerging Markets and Fear of Reserve Loss During the 2008-09 Crisis
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GLG Hires Portfolio Manager To Its Emerging Markets Team
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Alloianoi as science fiction myth... thanks to the need for Turkeys' economic growth...
Alloianoi of the 2nd century BC will probably pass into oblivion in the following days, after the new approval received by the Office of the State Water Management in Turkey, to bury it under tons of sand, in order to continue work on creating dam in the
Argentina inflation reflects supply issues -cenbank
* Cenbank head blames inflation on supply concentration * Says monetary policy not the cause of brisk inflation * Annual inflation running at rate of at least 20 percent BUENOS AIRES, Sept 7 (Reuters) - Inflation in Argentina reflects concentration on
Sensex up 85 pts; RIL top gainer for second straight day
Place: Mumbai | Agency: PTI Reflecting the continued buoyancy in the share market, with good demand coming in for market leader Reliance Industries, the BSE benchmark Sensex today gained 85 points to close at its best level in 31 months at 18,645.06. The
Forex - Hungary to Cut Budget Deficit in 2011: PM Advisor
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Sensex up 85 points on rally in RIL, cement shares
Extending gains from its highest level in 31 months, the Bombay Stock Exchange benchmark index, Sensex, on Tuesday climbed 85 points, fuelled by a continued rise in Reliance Industries and a smart rally in cement stocks. Rising for the second consecutive
Big growth expected in Asian economy hotel sector
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Hungary to meet 2010 budget deficit goal-official
BUDAPEST, Sept 7 (Reuters) - Hungary expects to meet its 2010 budget deficit target at 3.8 percent of gross domestic product, a top government official said on Tuesday after data showed that the deficit hit 124 percent of the full-year goal in August.
EMERGING MARKETS-European concerns drag down Latam markets
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