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.
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.
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.
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.
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.
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.
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.
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.
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.
History shows the U.S. can force China to revalue the yuan.
European planemaker Airbus celebrated a surprise win in the annual orders race against Boeing with the 10,000th plane sale in its 40-year history, part of a $5 billion order from Virgin America.
Combative telecoms partners Telenor and Altimo squared up for yet another battle on Monday, over a proposed bid by their Russian mobile phone firm Vimpelcom for Egyptian tycoon Naguib Sawiris' telecoms assets.
The South African rand fell to its lowest in five weeks on Friday, as the central bank mopped up dollar supply as a measure to curb currency strength, while waning global risk appetite also weighed.
Bullion rebounded on Friday as the euro lost strength despite better-than-forecast debt auctions by Spain and Italy, while purchases from jewellers and investors, which sent premiums for gold bars to two-year highs, offered additional support.
South African blue-chip stocks booked another 2-1/2-year closing high on Thursday, rising 0.6 percent as shares of Anglo Platinum and other resource companies continued their recent run.
Remarks by Agriculture Secretary Tom Vilsack to the American Farm Bureau on January 10, 2011.
Topics of this interview include Scott Carter highlighting the global dynamic of today's interest in gold, and how macro-economic trends continue to drive the decade long bull market of the precious metals. We also evaluate the possibility of seeing QE3 in 2011.
Brazil's Finance Minister Guido Mantega has accused the United States of engaging in currency manipulation, and said his country would raise this issue at the World Trade Organization (WTO), adding that the U.S. and Chinese policies are fomenting a trade war.
Dr. David Lynn, author of a book on commercial real estate investing in emerging market countries (specifically China, India and Brazil), shares his insights with IBTimes regarding why this class of asset is an attractive investment.
In the midst of the buzz and optimism about the economic recovery in 2011, not many are talking about the fact that cost in America may also meaningfully rise, possibly at a faster rate than justified by underlying economic growth.
The touch screen mobile device is common enough at this year's Consumer Electronics Show, but Hewlett-Packard was showing of what a touch screen can do when it gets bigger and stays in the living room.
In an annual survey conducted by the Japan Bank for International Cooperation, India for the first time topped the list as the most attractive destination, overtaking China.