The price of Ivory Coast's 2032 $2.3 billion bond dived to a record low on Tuesday after investors said the West African country had defaulted by missing a January 31 coupon payment deadline.
Jack Kim
Feb 01, 2011
Manufacturing activity grew in January at its fastest pace since records began in 1992, and factory costs also surged, in a further sign that price pressures are building in the economy, a survey showed.
Jijo Jacob
Feb 01, 2011
Prime office rents in key Chinese and Brazilian cities will continue their economic growth-fuelled rise in 2011, a survey said, prompting global property investors to chase deals in those emerging markets.
Wenwen Meng
Jan 31, 2011
Fundamentals and nasty surprises are on investors minds heading into February, with big tests in the coming week about jobs and inflation and increasing worries over Egypt and its region.
IBT Staff Reporter
Jan 30, 2011
Quantitative easing by the Federal Reserve and other central banks cannot address fundamental economic problems but may lead to excessive global liquidity and competitive currency depreciation, China's central bank said on Sunday.
Wenwen Meng
Jan 30, 2011
Richard C. Kang, chief investment officer & director of research at Emerging Global Advisors spoke to IB Times about the political unrest in North Africa and implications for investors
Palash Ghosh
Jan 28, 2011
South Africa has taken measures to counter capital inflows but the rand is still overvalued, the country's finance minister said on Friday.
IBT Staff Reporter
Jan 28, 2011
China wants to import more to solve its trade imbalances instead of parking windfall revenues in U.S. and euro zone government bonds, the chairman of China's largest lender said on Thursday.
Wenwen Meng
Jan 27, 2011
Morgan Keegan upgraded Qualcomm Inc. to outperform from market perform, a day after the CDMA chip maker reported strong quarterly results and boosted its fiscal 2011 outlook.
Manikandan Raman
Jan 27, 2011
Brazil’s unemployment rate fell to a record low in 2010, as the country’s economy records the fastest growth since 1985.
Shankar besta
Jan 27, 2011
Jack Plunkett, CEO of Plunkett Research, believes the U.S. economy is headed towards a secular boom between now and 2025.
Hao Li
Jan 26, 2011
Annual bonuses at top global banks are causing ructions that could drive a outsized round of defections as weaker profits and tougher rules widen the pay discrepancy between star performers and everybody else.
Samantha Nolan
Jan 26, 2011
The companies that reported earnings before the markets open on Wednesday are: Boeing, ConocoPhillips, Abbott, General Dynamics, United Technologies, Southern Co., Hess, Xerox, Rockwell Automation and Wellpoint.
IBT Staff Reporter
Jan 26, 2011
Corporations in China and India have been riding on strong domestic economies, much to the envy of the West, but they now worry that runaway inflation could hit growth.
IBT Staff Reporter
Jan 26, 2011
The Gold reserves of the Russian central bank grew by 280 tons over the last 2 years. And the bank will continue with a similar speed by buying at least 100 tons every year, deputy chairman Georgy Luntovsky told reporters now.
IBT Staff Reporter
Jan 25, 2011
Freshfields Bruckhaus Deringer and Linklaters have topped the list of legal advisers to European mergers and acquisitions (M&A) by value and volume in 2010, according to Legal Week.
IBT Staff Reporter
Jan 25, 2011
Despite a series of high-profile recalls and safety issues, Japanese auto major Toyota Motors still managed to beat General Motors in total unit sales and remain the largest car manufacturer in the planet.
IBT Staff Reporter
Jan 25, 2011
General Motors Co. (NYSE: GM) said it sold more vehicles in China than it did in the U.S. in 2010, making it the first time in the automaker’s 102-year history that sales in a foreign country surpassed domestic sales.
Palash Ghosh
Jan 24, 2011
Consumers in most countries globally look set to keep a tight grip on spending in coming months as they worry about job security and rising inflation, a survey by the Nielsen Company showed on Sunday.
Samantha Nolan
Jan 24, 2011
One out of every five cellphones sold in the world are illegal or unlicensed copycats, hurting the position of producers like Nokia in emerging markets, the world top manufacturer by volume said on Friday.
IBT Staff Reporter
Jan 21, 2011
The equity markets of mature economies will outperform those of the emerging markets this year, said Marc Faber, publisher of the Gloom, Boom, and Doom report.
Hao Li
Jan 19, 2011
World stocks reached their highest levels in nearly 2-1/2 years on Wednesday with the MSCI world equity index reaching 1324, the highest since August 2008.
Satya Nagendra Padala
Jan 19, 2011