Emerging-market Asian currencies were on a tear in 2010, but sentiment has shifted dramatically this year. Citi’s Johanna Chua explains why the negativism is overdone in some cases, and where currency investors could do well now.
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Lawmakers and governors in many states, faced with huge shortfalls in employee pension funds, are turning to a strategy that a lot of private companies adopted years ago, reports the New York Times.
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European stock index futures pointed to a higher open on Tuesday after bullish comments by Warren Buffett helped Wall Street gain overnight .
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Chinese manufacturing growth slowed in February to a six-month low, according to an official survey, as the government’s sustained campaign to tame inflation weighed on industrial activity.
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Tough talk from interest-rate hawks has sent the krona sharply higher. How much further can it go?
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Egypt’s stock market is braced for a possible sell-off of shares when trading resumes on Tuesday after being closed for more than a month because of the country’s political crisis.
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With oil prices higher and North Korea issuing more threats, the outlook for the South Korean won is less than great, this FX expert says.
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Portugal promised on Monday to cut its budget deficit and implement reforms but its finance minister warned this may all be in vain if Europe did not take strong action within weeks to resolve the region’s debt crisis.
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A key measure of how South Korean manufacturing companies assess business conditions fell in March below the neutral point after touching a six-month high in February, a central bank survey showed on Monday.
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CNBC’s Steve Liesman as the details on what former Federal Reserve vice chairman Donald Kohn has to say about QE2.
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