Emerging Markets
China Could Attract More Global Firms with Relaxed Insurance M&A Rules
China's decision to partially relax mergers and acquisition rules in the insurance industry could see global insurance firms expand their footprint in the $288 billion market. Beijing would allow ...
Instagram, Crowdsourcing and the New Risks of Emerging Technology
At its peak in 1996, Kodak—then the world's largest camera maker and photo film supplier—had revenues in excess of $16 billion and employed more than 145,000 people. But after 130 years in ...
Alibaba’s Blueprint for E-Commerce Empire Includes Insurance, Mutual Funds
Alibaba, the world's biggest e-commerce company, changed how China shops. Now the man driving its blockbuster U.S. stock sale wants to transform the rest of the country's services industry, adding ...
Asia-Pacific Offering Varied Growth Opportunities for Insurers
With insurance markets already mature in Europe and North America, carriers are eager to find new markets in which to expand. Many are looking to Latin America and Africa. But it is the Asia-Pacific ...
Internationalizing China’s Yuan Could Bring ‘Seismic Shift’ to Global Financial Landscape
China realizing its ambitions to internationalize the yuan is likely to be a "seismic event" for global markets, leading to large capital flows and perhaps a new reserve currency, a top Australian ...Extreme Weather in 2013 Due to Climate Change: UN
Much of the extreme weather that wreaked havoc in Asia, Europe and the Pacific region last year can be blamed on human-induced climate change, the U.N. weather agency says. The World Meteorological ...
Climate Scientists Highlight Human Cost of Global Warming
Top climate scientists who are gathering in Japan this week to finish up a report on the impact of global warming say that if you think climate change is only faced by some far-off polar bear decades ...
China’s Ping An, Ctrip Travel to Sell Smog Insurance to Tourists
Ping An Insurance Group Co., China's second-biggest insurer, is collaborating with Ctrip.com International Ltd. to sell smog insurance to tourists traveling to Beijing and six other Chinese cities. ...