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Emerging Markets


Roach Says `Take Out the Baseball Bat' on Krugman Over His Stance on Yuan Morgan Stanley Asia Chairman Stephen Roach said that Paul Krugman’s call to push China to allow a stronger yuan is “very bad” advice and that increased Chinese spending is a better way of reducing trade imbalances.

Russia to Meet U.S. Investors for First Eurobond Sale Since 1998 Default Russian government officials will meet bond investors in the U.S. next month to promote the country’s first sale of Eurobonds since 1998, Finance Minister Alexei Kudrin said.

Indonesia's Pricier Stocks Than China Won't Slow Rally, AMP Capital Says Indonesia stocks may rise a further 15 percent this year, extending Southeast Asia’s best rally as the nation’s earnings prospects allow for prices that are higher than those in China, according to AMP Capital Investors.

Most Emerging Stocks Rise in Longest Weekly Rally Since May; Kia Advances Most emerging-market stocks rose, sending the benchmark index to its sixth weekly gain, after U.S. reports on jobs and manufacturing spurred optimism of a global economic recovery.

MS&AD to Seek Life Insurance Alliances in China, India After Japan Merger MS&AD Insurance Group Holdings Inc., set to become Japan’s biggest casualty insurer after a three-way merger, said it’s in talks with Chinese and Indian firms to expand its life business as earnings growth stalls at home.

China Stocks Rise, Capping Biggest Weekly Gain in Five Weeks; Chalco Jumps China’s stocks rose, capping the biggest weekly gain in five weeks, as raw-material producers rallied after Aluminum Corp. of China Ltd.’s parent agreed to buy a stake in an African iron ore mine and copper prices gained.


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