Emerging markets

Ranbaxy Laboratories Limited (RLL), India's largest pharmaceutical company, said on Thursday its consolidated net profit stood at 3.13 billion rupees ($67 million) for the third quarter ended September 30, 2010, as compared to 1.16 billion rupees ($24 million) in the same period a year earlier.

The president of South Korea, Lee Myung-bak, has called for more corporate investment into Africa and other poverty-stricken regions of the world, as part of a comprehensive program to encourage the private sector to spur sustained global economic growth.

One of the greatest challenges facing the developing world lies with their limited access to quality healthcare, a situation that threatens to jeopardize or undermine economic growth in these nations.

To the dismay of policy makers, the newly-printed dollars of the Federal Reserve has not found its way to the real U.S. economy in the form of loans to small businesses and consumers. A key question is if they are sitting in the U.S. financial system or flowing to emerging market economies.

China is not too pleased with America's plan to inject more capital into its economy in the form of a second round of quantitative easing.

Global demand is increasingly shifting to emerging economies, and American firms, especially small businesses, should adjust to this new reality.