EMERGING MARKETS

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U.S. is Top 2012 Property Investment Pick

The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday.
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Myanmar

Top 10 Travel Destinations for 2012

Around this time of year, wanderlust travelers raise a Champagne glass and spin the globe in search of the next great destination for the coming year. What will be the top destinations in 2012? Have a look:
Monggo Chocolate

Indonesia's chocoholics lead an Asian quality wave

Arriving in Indonesia just a little over a decade ago, Belgium chocolatier Thierry Detournay was dismayed at the lack of quality chocolate on offer in the world's third-largest cocoa producer.
Dollar, Inflation

Ron Paul - Is He Right About the U.S. Dollar, Inflation?

U.S. Rep. Ron Paul, R-Texas, has predicted rising inflation and a collapse of the dollar due to the U.S.’s fiscal and monetary policies, but roughly three years into the economic recovery, inflation remains moderate. And the dollar? It’s holding its own and may strengthen in 2012.
Oil

U.S. - A Paradigm Shift Away from Energy Independence

A paradigm shift regarding U.S. energy policy on oil has to occur. No, it won’t occur given the current make-up of the U.S. Congress, but eventually, for energy independence reasons, a paradigm shift is mandatory.
Tokio Marine President Shuzo Sumi

Tokio Marine to buy Delphi Financial for $2.7 bln

Tokio Marine said it will buy U.S. insurer Delphi Financial Group for $2.7 billion and is eyeing other acquisition targets, as Japan's No.2 property-casualty insurer looks to expand outside its mature home market and diversify geographic risks.
A man stands next to a globe displaying international stock market prices at the London Stock Exchange in the City of London

10 Bearish Predictions for Investors in 2012

At a time of daily stock-market seizures, weekly bank and sovereign debt downgrades and monthly central bank interventions, most people are seeing the glass half empty, and have forecasted bearish -- if not downright abysmal -- market conditions for next year. A look at some of the more salient predictions.
A worker sweeps the foundation of a house being constructed in Phoenix

U.S. housing heals even as its damage widens

The U.S. housing market, once the epicenter of the global financial collapse that spawned today's European debt crisis, is on the verge of delivering some positive news.
A promotional woman shows a Sony's PlayStation Vita handheld gaming device at Tokyo Game Show in Chiba

Sony Hopes for Vita Cheer, Feels Fitch Heat

Into just his fourth month as head of Sony's videogames unit, Welshman Andrew House has to plot a much-needed success story for the new PlayStation Vita handheld games device, negotiating a minefield of consumer gloom and competition from smartphones and tablet PCs such as Apple Inc's iPhone and iPad.
Bottles of Coca-Cola, which will be delivered to stores, are seen in a warehouse at the Swire Coca-Cola facility in Draper, Utah

Coca-Cola buying stake in Saudi drink company

Coca-Cola Co (KO.N) is buying a stake in Saudi Arabia-based beverage company Aujan Industries for $980 million in what is seen as a bid to catch up with rival PepsiCo Inc (PEP.N) in the Middle East.
Shoppers stand outside of a Target store at midnight on "Black Friday" as they wait for those who stood in line to enter the store first in Torrington

Competition to cut food inflation in Canada: report

Target Corp's impending arrival in Canada, paired with Wal-Mart Stores Inc's expanding grocery business in the country, will help slow food inflation next year and keep established grocers under pressure, researchers said on Monday.
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General Dynamics CEO sets sights on further growth, acquisitions

The defense budget is shrinking, but General Dynamics Corp still sees growing demand for its combat vehicles and warships, coupled with unprecedented opportunities to sell its popular Gulfstream business jets in China and other emerging markets.
Wall Street sign

Smaller Banks Will Do Better In This Environment: Lazard

As his peers in larger financial institutions are dealing with collapsing stock prices and laying off tens of thousands, the chief executive at boutique investment firm Lazard Ltd (NYSE:LAZ) said he believes smaller, more nimble investment banks like his are likely to benefit from trends developing on Wall Street.

Bank of Canada holds rates, cites deeper euro crisis

The Bank of Canada kept its overnight interest rate at 1 percent on Tuesday, as expected, and gave no suggestion of an impending rate cut even though its view of the European debt crisis has clearly darkened.

Fraud in U.S. on the Rise, Led by Asset Misappropriation, Cybercrime

Forty-five percent of U.S. respondents reported that their organization had suffered fraud in the previous 12 months, compared to 35 percent in 2009. Economic pressures, incentives, and opportunities are a significant motivator for economic crime.
Europe's Stock Markets

Europe's Markets Rise After Italian Bond Auction

European shares rose on Tuesday as short-term traders helped boost the market following good demand at an Italian bond auction despite soaring borrowing costs, while BASF rose after lifting its sales target.

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