Emerging Markets
China to Allow Foreign Investors in Finance Sector to Use Yuan
China's central bank will allow foreign businesses to invest in domestic financial firms using offshore yuan funding, it said on Thursday, as part of efforts to broaden the usage of the currency in ...
Moody’s: China’s P/C Insurers to Benefit from Shanghai Free Trade Zone
The new Shanghai free trade zone should benefit property/casualty insurers, particularly those in marine/cargo and liability insurance, according to Moody's Credit Outlook. On Sept. 29, the date that ...
South Africa: Key to a Continent
South Africa is a study of contrasts. Its financial sector is among the world's most developed and sophisticated, yet the country of roughly 50 million inhabitants is plagued with large scale ...
Surge in Firms Based in Emerging Markets to Reshape Corporate World: McKinsey
The number of large emerging market companies will surge in coming years and they will become competitors but also customers for rich-country firms, according to a new study. Almost three-quarters of ...
China Testing Free Market with New Shanghai Financial Services Zone
Citigroup Inc. and Bank of China Ltd. said they will participate in Shanghai's free-trade zone as the Chinese government inaugurated the 11-square-mile experiment in more relaxed financial and ...
Germany’s Ergo Expects Asia, Eastern Europe Premium Growth
Munich Re's insurance unit, Ergo Versicherungsgruppe, plans to increase international premiums by more than a fifth over the next five years on sales in Asia and eastern Europe. "We aim to increase ...
Analysis: Brazil May Be Spending Its Way Towards A Downgrade
Brazil's finances are set to deteriorate substantially next year, leaving the government with few options to revive a sputtering economy and raising the threat of a credit downgrade. The government ...
Asia’s Expert Networks for Investors Coming Under U.S. Scrutiny
Expert networks - a matchmaking service linking investors such as hedge funds with company insiders - are under scrutiny from regulators in the United States, but are expanding across Asia, where the ...