Emerging markets could be the next bubble to watch out for, but the doesn't mean the run is over yet, according to John-Paul Smith, chief strategist for Pictet Asset Management Ltd.
A number of financial trends have made emerging economies the high-growth option for international investing.
Although the biggest equity gains continue to come from markets outside the United States, some analysts wonder how long the winning streak can continue for funds that are fueled by emerging markets.
Investors are flocking to emerging markets with the anticipation of hefty returns, though analysts doubt that the performance will last.
Investors should prepare for a roller-coaster ride for the rest of the year as equity markets struggle to make headway.
Authorities ordered Citibank's Japan unit to suspend all sales operations at its retail banking arm for one month after it failed to improve anti-money laundering measures that target crime syndicates and other shadowy groups.
The United Kingdom’s Financial Services Authority, in an effort to restore “trust and confidence in the retail-investment market,” has outlined a proposal to ban commission payments by investment management firms.
The Washington, D.C. multilateral lender said the world economy will shrink 2.9% in 2009 — worse than its previous forecast for a 1.7% contraction.
Gross domestic production declined nearly 10 percent in the first quarter and the government predict it will decline by 6 to 8 percent this year.
The British Bankers' Association said the rate on three-month loans in dollars — known as the London Interbank Offered Rate, or Libor — was down 0.01 of a percentage point to 0.61 percent.
After being written off as an asset class just a few short months ago, emerging-markets equities are back.
European indexes followed Asian markets lower, with trading gaining momentum as Britain and the U.S. come back from a long weekend.
The International Monetary Fund has said Russia's GDP could drop as much as 6% this year — the most pessimistic outlook so far.
First-quarter earnings report by Lowe's boosted hopes among investors that the worst of the U.S. recession is over.
Germany saw output plunge by 3.8% as demand for its cars and factory machinery collapsed.
Investors poured billions into emerging-markets stock funds this week, continuing a 10-week trend of inflows for the category worldwide, according to a report released by Emerging Portfolio Fund Research Inc.
The British economy has a 50-50 chance of returning to growth by the middle of 2010, says the U.K.'s central bank.
The European Central Bank cut its main interest rate by a quarter point to 1 percent Thursday and is poised to unveil more measures to help boost the 16-nation euro zone economy.
