EMERGING MARKETS

The full-text of the speech given by Fed Vice Chairman Janet L. Yellen at the Committee for Economic Development 2010 International Counterparts Conference in New York on Dec. 1, 2010

As investors continue to shovel mountains of cash into U.S. Treasuries and U.S. bonds, investors seeking yield and price outperformance are advised to look at bonds issued by the emerging markets nations.

Shipments of PCs are up 14.3 percent from last year, but that's below expectations.

Technology research firm Gartner said personal computer sales worldwide were on track to set a new record in 2010 but Apple’s iPad is taking a bite out of the sector.

Satellite communications firm O3b Networks, which is backed by investors such as Google, said it has raised $1.2 billion from a group of investors and banks.

While the process of relaxation of visa rules between Russia and European Union appears to be stuck in a limbo, one of Europe’s leading tour operator, Thomas Cook, joins hands with Russia’s Intourist to get a foothold in the Russian tourism market.

The European Commission announced plans on Thursday to ban trading credits related to certain industrial gases from its Emissions Trading System (ETS) starting from 2013.

Ford Motors, the second-biggest U.S. automaker, opened 40 dealerships in China on Thursday and plans to add another 26 by year's end.

Brazil's central bank governor, Henrique Meirelles, will step down from his position, according to a report in the Folha de Sao Paulo newspaper.

Mexico’s economy expanded by 5.3 percent on an annualized basis, significantly below the 7.6 percent growth recorded in the second quarter, the country’s INEGI statistical office INEGI showed on M

In the following interview of IBTimes with Jonathan Rose, President and CEO of Capital Gold Group, he talks about the recent cool down of the gold price, the impact of the non-results of the G-20 summit, the different mentality of investors in the U.S. and Britain regarding gold, and says that the Federal Reserve and gold ETFs should be properly audited.

The Organization for Economic Cooperation and Development (OECD) said that economic activity in its member countries will gradually pick up steam over the coming two years, but the recovery will be uneven and unemployment will remain persistently high.

Caterpillar Inc.'s (CAT) $7.6 billion-acquisition of rival Bucyrus International is likely to trigger a consolidation of the attractive mining equipment industry.

ICAP Plc, the world’s largest broker of transactions between banks, reported good revenue and earnings growth for the first half despite quieter markets, mainly driven by its strong electronic broking franchise.

Beer can manufacturer Rexam Plc said trading for the period since July 1 has been in line with its expectations, and it expects second half results to be similar to those of the first.

Caterpillar Inc., which makes earthmoving machinery, agreed to buy rival Bucyrus International for a total of $7.6 billion, or $92 per share, in cash to boost its presence in the mining equipment industry.

IB Times interviewed Michael Yoshikami, president of YCMnet Advisors of Walnut Creek, Cal. To get his views on the recently completed G20 summit in Seoul, Korea.

Cell phone giant Nokia, which is struggling to regain its market share in the United States, could find its new growth engine in the form of emerging markets and surging demand for smartphones.

The Group of 20 at its summit in Seoul is likely to commit millions of dollars fund to help finance small and medium enterprises and innovative financing models.

Most of senior executives expect only modest business growth over the next 12 months due to sluggish growth expectations for developed economies and increasing cost pressures from rising labor costs and input prices, a survey showed.

The Prime Minister of Australia, Julia Gillard, championed infrastructure investments across both the emerging markets and developed nations as a key part of maintaining a global economic recovery.