Fitch Affirms Russia's Rating
Fitch Ratings affirmed its investment-grade rating for Russia, while maintaining its negative outlook for the nation.
A Shortage of Tools for Betting Against China
Even after a two-week selloff, valuations of some China shares remain sky-high. So where are the short sellers?
China May Lower Stamp Duties on Stock Purchases
The move to encourage stock purchases would be the latest effort by the Chinese authorities to stem the recent market rout.
China Stocks Are Battered Anew
The Shanghai Composite Index is on the verge of bear-market territory, as Beijing seeks to cool a yearlong debt-fueled rally without sparking a prolonged downturn that could spill over into the broader economy.
European Stocks Edge Up
European stocks edged higher, buoyed by investor optimism that Greece and its international creditors will clinch a debt deal.
Greek Deal or No Deal: Investors Question Which Is Worse for Euro
Last time Greece headed for a potential departure from the eurozone, investors dumped the euro, betting that an exit would be a disaster for the currency. This time, they’re not so sure.
China's Stock Markets Plunge as Rally Fizzles
China’s stock markets plunged, a sharp turnaround after a year of strong gains. The Shanghai market slumped 7.4%, while the smaller Shenzhen market entered bear territory.
Philippines Will Weather U.S. Rate Rise, Finance Secretary Says
Cesar Purisima said the Philippines will stand out and “look favorable” compared with other markets after investors reassess the shock of a U.S. rate increase.
Brazil to Narrow Inflation Target Range
Brazil will narrow the inflation target range for its central bank starting in 2017, but the center point of the range will remain unchanged at 4.5%. The tolerance band will be cut to a range of 3% to 6%.
On Samsung's Turf, Hedge Fund Fights to Block Merger
Elliott Advisors, a U.S. hedge fund, is taking on the sprawling Samsung conglomerate in South Korea, where overseas investors have found themselves ensnared before.
European Stocks End Choppy Session Lower
ChiNext Dips Into Bear Territory
Small Chinese startup stocks fell briefly into bear territory before regaining some ground Thursday, as a second week of bumpy trading continued to unsettle the Chinese stock market.
Iraqi Kurds Woo Investors Amid Strife
The Kurdistan Regional Government is in London to woo international investors for a new bond issue, the latest among fringe emerging markets.
Australian Property Lending Gets Aggressive
The growing use of high-risk home-lending practices is starting to raise red flags with credit-ratings firms, regulators and even Australia’s central bank.
India's State-Owned Banks Strained by Bad Debt, RBI Warns
The gulf between India’s healthy private banks and its fragile state-owned lenders is widening, a report by the country’s central bank warned.
Hong Kong Regulator Rejects Proposed Rule Change
The securities regulator said it objected to a plan put forward by the city’s stock exchange to allow dual-class shares and other weighted-voting structures in certain circumstances.
Egyptian IPO Hints at Country's Recovery
The tentative IPO recovery in Egypt, which includes the Emaar Misr deal, is a sign that after several years of tepid growth the country’s economy is on the mend under a new president who has been credited with bringing back a degree of political stability and introducing reforms.
Foreign Reserves Slip in Emerging Markets, Raising Risks
Central banks in emerging markets are running down foreign-currency reserves at the fastest pace since the financial crisis, reducing some countries’ capacity to weather potential shocks, such as a rate increase in the U.S.
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