emerging markets

A Growing Role for Tourism in Sustainable Development

In a somewhat surprising report, The U.N. Environment Programme says one of the most promising green industries -- at least when it comes to creating economic growth, reducing poverty, fueling job creation and addressing major environmental challenges -- turns out to be tourism.

The Mideast Mess Could Make U.S. Markets Look Better

Investors sure have plenty of worries these days. But here's a key point to keep in mind: While higher energy prices will restrain overall global growth, they could hurt emerging markets far worse than the U.S. -- and that difference could help boost demand for domestic stocks.

The Trade Deficit's Untold Story: Rising Exports

The trade deficit's rise to just under $500 billion in 2010 obscures an impressive rise in global sales of U.S. goods, and the outlook for 2011 is even better. But to reach a trade surplus, the U.S. must solve two serious problems.

Japan Could Be the Best of Both Worlds for Investors

A basket case for so long, Japan is actually showing glimmers of economic progress. It's in the right place to offer investors access to Asia's booming emerging markets while also providing a stable, safe-haven platform for entree into the region.

IMF Lays Out the Challenges Ahead for Global Recovery

In its latest report, the IMF applauds national policymakers for stabilizing credit markets and putting the global economy on a recovery track. However, thorny problems remain -- including how to prevent overheating in emerging markets, and how to cut the U.S. deficit while lowering its unemployment rate.

What Investors Should Expect After Davos 2011

When columnist and venture capitalist Peter Cohan read the dispatches from last week's World Economic Forum in Davos, two things caught his eye: First, the elite are exuberant, and second, they're annoyed by the idea that they should create societal value. Here's what both those ideas mean for investors.

Forget the BRICs -- 2011 Could Be 'the Year of the USA'

Goldman's Jim O'Neill shot to fame by predicting the staggering rise of emerging-market economies like the BRIC nations, Brazil, Russia, India and China. But 2011, he says, "will be the beginning of a new phase in which the U.S. has strong GDP growth."

How Emerging Markets Can Avoid Getting Burned by Hot Money

Foreign capital flowing into emerging markets can be dangerous, but it also has its benefits. Developing countries need to protect themselves against the risks while profiting from the dangers. But how? Here are three things they need to do.

America's Low Interest Rates Have a High Hidden Price

Interest rates are the price of money, and though that price is near zero right now, the cost of low interest rates to our nation may be too high. Low rates are squeezing savers, seniors, banks and pension funds, and the benefits we're supposed to see from them don't appear to have arrived.

Apple's iPad Is Set to Take a Bite Out of PC Sales Growth

IT trends researcher Gartner just cut its forecast for 2011 worldwide PC shipment growth from 18.1% to 15.9%. That's still very robust growth for PCs, but they see it as an early sign that the wild popularity of the iPad is taking a toll on the rest of the computer industry.

Pharma News Briefs: Human Genome, Merck, Novartis

Here's a roundup of some of Wednesday's major pharmaceutical news: An FDA panel gave Human Genome Sciences a boost with a thumbs-up for its lupus drug, Benlysta; Merck's experimental heart drug appears to work well without side effects; and Novartis announced its plans for long-term growth.

Why the Fed's Stimulus Only Boosts Emerging Markets

When QE2 is complete, the Fed's bond purchases will have injected $1.7 trillion in liquidity into the markets since 2008 in an effort to boost corporate investment in new production and new jobs in the U.S. Instead, companies are taking cash raised here and investing it in emerging markets.

ING Forecasts Market Growth of 8% to 12% in 2011

ING Investment Management forecasts that stock markets will rise between 8% and 12% in 2011, thanks to a low-inflation, low-interest environment supported by the Fed, despite weak GDP growth. And for those looking for to increase their investment yields, they have a few suggestions.

The G-20: Sound and Fury Signify Something in Seoul

On the eve of an economic summit in South Korea, disturbing signs of discord are emerging over currency valuations and trade between the U.S. and its major trading partners. Failure to achieve an agreement could set off more "currency wars."

Unilever Earnings Rise on Strong Sales, Weak Euro

Consumer goods company Unilever NV (UL) reported third quarter earnings of 0.43 euros per diluted share, up from 0.36 euros a year earlier. Sales rose 13.2% to 11.5 billion euros ($16.4 billion), driven by a strong performance in emerging markets, the company said in a statement.

3M Reports Earnings Per Share of $1.53

Office supply maker 3M (MMM) reported third quarter earnings of $1.53 per share, up 13.3% from a year earlier. Sales rose 11 % to $6.9 billion, boosted by a strong performance in emerging markets, the company said in a statement. Emerging markets now represent 34% of the company%u2019s worldwide sales.

DuPont Earnings Drop, but Raises Outlook

DuPont (DD) reported third-quarter earnings of 40 cents per share, down from 45 cents per share a year earlier. Sales grew 17% from a year earlier to $7 billion, the company said in a statement. Sales grew 22% in emerging markets.

World Drug Sales to Hit $880 Billion in 2011

Global pharmaceutical sales are expected to grow by 5% to 7% in 2011 to around $880 billion, thanks to robust growth in emerging markets, especially China, as well as new innovative treatments, and despite patent expirations and budget pressures in the developed world.

The New Allure
of Emerging-Market Debt

Yields on emerging-market debt funds and exchange-traded funds are certainly enticing these days, especially compared to U.S. Treasurys. Also attractive are the added benefits of portfolio diversification and currency appreciation. But the risks can't be overlooked.

China's Market Cap to Pass U.S. by 2030

A new report by Goldman Sachs examining emerging market says the total value of Chinese stocks are on track to become the world leader. And emerging nations' total share of global equities will reach 55% in 2030 from 31% now.

Japan Gets a Boost From Exports

Mired in deflation and stagnant for decades, Japan has been the economic basket case of the developed world, a cautionary example of malaise run amuck. But because it's export-oriented, the world's third-largest economy is getting an unexpected lift from roaring growth

Heinz Reports Quarterly Earnings Rise 13%

Food company H.J. Heinz Company (HNZ) reported earnings from continuing operations of 75 cents per share in the first quarter of fiscal 2011, up 10.3% from 68 cents per share a year earlier. Sales grew 1.6% to $2.48 billion in the quarter, driven by a strong performance in emerging markets, the company said in a statement. Operating income rose 9.9% to $406 million.

HSBC in Talks to Buy Controlling Stake in South Africa's Nedbank

British bank HSBC (HBC) is in talks to buy a controlling stake in Nedbank, South Africa%u2019s fourth-largest bank. HSBC is in talks with insurer Old Mutual, which currently owns the stake, BBC News reported. HSBC is aiming to acquire as much as 70% of Nedbank in a deal worth as much as 49.9 billion rand ($6.8 billion).