Latest in Tag: emerging markets Highlight

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Latest in Tag: emerging markets

IMF: ‘Bumpy’ road ahead for emerging economies

The world’s lender of last resort, the International Monetary Fund (IMF), has said up-and-coming nations must do more to weather the fallout of weaker global growth and a slowdown in China’s economy. The IMF’s managing director, Christine Lagarde, on Tuesday warned the emerging countries of the world that the road ahead could be “somewhat bumpy,” …

Deutsche Welle

Chinese glut slows global smartphone sales

The world’s biggest market for the devices has ‘reached saturation,’ a new report shows, as the number of first-time buyers shrinks. Despite a spike in emerging markets, the Chinese slowdown dragged down global sales. Worldwide sales of smartphones grew at the slowest pace in two years as demand in China declined for the first time …

Deutsche Welle

Weakening outlook for global economy amid fears over China: Merrill Lynch Survey

Merill Lynch, the Bank of America’s (BofA) wealth management division, released on Tuesday the results of its Fund Manager Survey for August. It showed a weakening outlook for the global economy amid fears over China, recording low sentiment towards emerging markets and the energy sector. While the concern over a Chinese recession continues, global investors …

Rana Yehia

German factory orders surge in June

German industrial orders are up significantly in June, surprising analysts expecting more moderate growth amid economic turbulence in Greece and China. A weak euro has proven instrumental in filling German order books. German factory orders were up sharply by 2 percent in June, with a weak euro fueling strong global demand, the Economics Ministry said …

Deutsche Welle

How to deal with emerging markets volatility

By John Wasik Since the beginning of the year, emerging markets have been like cats on a hot tin roof. Hot money is skittering out of foreign markets as countries from Argentina to Turkey have been clawed by economic and political turmoil. But even with heightened concerns about the prospects of developing countries, emerging markets …

Daily News Egypt

Emerging markets unable to manoeuvre due to rising domestic debt

By Rahma Abdelaziz China once again lowered interest rates, indicating Beijing’s desire to contribute to international efforts and ensure greater liquidity in worldwide financial markets in light of the euro zone crisis. The step is similar to the one taken after the collapse of Lehman Brothers. The current move, however, may not have the same …

Daily News Egypt

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