Emerging Markets
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 ...
People’s Insurance of China Profit Rises 53%
People's Insurance Company (Group) of China Ltd., parent of the nation's biggest non-life insurer, said profit rose 53 percent in the first half as investment and premiums income expanded. Net income ...
Brazilian Insurer’s IPO, World’s Largest, Beating All Peers, Still Rallying
BB Seguridade SA, the Brazilian insurer that held the world's largest initial public offering this year, is outperforming every other IPO from an emerging- market financial company this year. The ...
New China Trust Pulls Bid for AIG’s Plane Leasing Firm Over Regulator: Report
New China Trust, which led a Chinese investor group in a $4.2 billion bid for American International Group Inc.'s aircraft-leasing unit, pulled out of the deal on concern its ties with a Chinese ...