FOREIGN DIRECT INVESTMENT

Prime Minister Manmohan Singh faces more political headaches after the Supreme Court pressed for deeper probes into a multi-billion dollar corruption case and a ruling coalition ally was implicated in the scandal.

The Indian JV company will provide the armed forces with locally produced high tech equipment and assured life-time support.

At least once a week during her young presidency, Dilma Rousseff has met with trusted advisers to try to solve an intractable problem -- China.

China has no need to revalue its yuan currency for trade reasons, as export growth will slow to a still strong 10 percent this year and its surplus is set to contract by 2015, its trade chief said on Friday.

Weeks of unrest in Tunisia will hit economic growth, frighten away tourists and discourage foreign direct investment which could fall by up to a third this year, Fitch Ratings said on Thursday.

Protesters stormed police barricades in the Tunisian capital on Thursday and the government prepared to dismiss key loyalists of ousted leader Zine al-Abidine Ben Ali in the face of widespread public anger.

The Mexican economy is getting a helping hand from unlikely allies: Chinese workers whose rising wages are leading more companies to build factories in Mexico.

The Bank of Uganda said on Monday it was intervening in the foreign exchange market by selling hard currency BOUG00, helping to push the shilling up to levels last seen nearly three weeks ago.

India's food inflation eased for the second straight week due to lower fruit and vegetable prices, data showed on Thursday, but an acceleration in headline inflation in December is likely to put pressure on the central bank to raise rates at a policy review next week.

India on Thursday said it is considering to allow foreign direct investment (FDI) in multi-brand retail and defense sectors as part of its efforts to step up foreign investments into the country.

Tata Steel, the world's No. 7 steelmaker, has received government approval to raise 11 billion rupees through issue of warrants to overseas investors, the Press Information bureau said in a statement on Thursday.

India’s trade body National Association of Software and Services Companies (Nasscom) has refuted public perception in the US that outsourcing jobs to India are contributing to job losses for US companies and that free trade agreements were responsible for America’s current economic woes.

The news about jobs, deficits, and poverty seem to get worse in the western nations and Japan day by day, while the economic and financial developments in the emerging markets appear to get rosier.

Net global capital flows to developing countries fell by 20 percent in 2009 to $598 billion (which accounted for 3.7 percent of gross national income [GNI]), from $744 billion in 2008 (4.5 percent of GNI) and amounted a little over half the 2007 peak of $1.11 trillion, according to data released today by the World Bank.

India and the European Union announced a breakthrough in their free trade talks on Friday. European Commission President Jose Manuel Barroso said the free trade agreement (FTA) could be signed in 2011, after a meeting with Indian Prime Minister Manmohan Singh at the 11th EU-India summit in Brussels.

ASEAN countries are seeking foreign direct investments -- especially those from OECD countries -- to power their economic growth.

Foreign Direct Investment (FDI) in China spiked up for 13th straight month in August, despite complaints from the US and European companies over alleged unfair business environment and the Chinese government's favors for domestic firms.

A rebound in the cross-border mergers and acquisitions market would be the major driver of the world economic growth in foreign direct investment (FDI), said UNCTAD's survey.

Foreign Direct Investment (FDI) in China rose 29 percent year-on-year in July to hit $6.92 billion, data showed on Tuesday.

World Bank studies the business environment for FDI in various nations