EMERGING MARKETS

With only a day remaining for Apple's eagerly anticipated iPhone event, rumors over what the company will and will not include in its new phone, which is believed to be the iPhone5, continues to grow.

Nouriel Dr. Doom Roubini, the NYU professor who four years ago accurately predicted the global financial crisis, says tough medicine is needed to end it: another round of massive fiscal stimulus or universal debt restructuring.

Europe's never-ending debt saga has investors girding for volatile, unsteady currency markets for years to come.

Apple invited the tech press to an iPhone-related event scheduled for Oct.4, with simply the email tag Let's talk iPhone.

European government officials and financial institutions are starting to make dramatic steps needed to manage their way through a debt crisis that threatens to drag the world economy into recession.

The long awaited iPhone 5 will not be released on the T-Mobile network this year, an alleged leaked report from the company's chief marketing officer states.

China's economic outlook is positive, but it must keep battling inflation and be ready to counteract any external shocks, the country's top central banker said on Saturday.

Even as G-20 leaders grapple with the global financial crisis, a larger, over-arching concern is limiting GDP growth in the U.S., and, to a lesser degree, in other developed economies and, by extension, decreasing the capacity of the these nations to counteract the crisis: inadequate wage growth.

Apple Inc. is expected to conduct a press event on Oct. 4, which may see the release of iPhone 5 with iOS 5, according to analysts. Analysts at Jefferies are expecting Apple to focus on iOS 5 and its cloud service capabilities.

South Africa's Reserve Bank left its repo rate unchanged on Thursday and struck a dovish note as it balanced its concerns for domestic economic growth with an expected increase in inflation stemming from a sharply weaker rand.

Don't have the time to pour over U.S. economic data and related reports? Well, for a quick-read on the U.S. economy, monitor the price of oil and General Electric's (GE) stock price.

A grim outlook for the U.S. economy from the Federal Reserve and signs of a slowing China and Germany drove world stocks sharply lower on Thursday and pushed investors into safer currencies and government bonds.

A meeting of emerging economies on Thursday will consider a Brazilian proposal to buy European bonds to help crisis-hit euro zone countries, South Africa's Finance Minister Pravin Gordhan said on Wednesday.

World stocks hit a fresh one-year low on Thursday and investors poured money into safer currencies and government bonds after the Federal Reserve gave a grim outlook for the U.S. economy and China's manufacturing slowed.

Get ready to digest another rumor on the Apple iPhone 5 release date. AllThingsD reported Wednesday that sources have confirmed that Apple will hold a media event on Oct. 4 to unveil the iPhone 5.

Apple is expected to launch its anticipated next-generation iPhone 5 on October 4, and while it should feature a number of bells and whistles, it will probably lack 4G ... for now.

Top Congressional Republicans on Tuesday took the unusual step of telling the Federal Reserve to refrain from further intervention in the economy on the eve of the central bank's policy decision.

South Africa's rand briefly ploughed a fresh 14-month low against the dollar on Tuesday before wiping out most of those losses as comments that Italy is not likely to default on its debt helped ease some of the risk aversion that has beset emerging markets.

As tech enthusiasts are waiting eagerly for iPhone 5, a Wall Street analyst has said that the iPhone 4 successor would arrive in early October and it may not be a 4G LTE device as speculated in the market.

Research In Motion's dismal quarterly results, the latest in a string of disappointments by the BlackBerry maker, could prove a boon to prospective buyers eyeing its treasure trove of wireless patents.

South Africa's government bonds reversed losses on Thursday and yields fell as investors drifted back into local debt to snap up bargains following a couple of days of heavy selling when risk aversion hit emerging markets.