Chinese stocks will be included for the first time in a leading US-based index of emerging market shares, New York-based MSCI announced Tuesday. MSCI will include 222 Chinese stocks in its MSCI Emerging Markets Index, representing 0.73 percent of the index. MSCI’s decision has been closely-watched as a sign of China’s growing importance on international … Read more
A clear theme running through the meetings was the need to protect the growth momentum The world’s economic leaders and stakeholders came together at the 2017 IMF and World Bank Spring Meetings amid a more positive outlook on the global growth, which is forecast to hit its fastest pace in five years. A clear theme … Read more
Founder and Executive Dean of the Nobel International Business School (NiBS) Professor Kwaku Atuahene Gima is urging businesses to put on the cap of creativity to take advantage of the emerging market in Africa. According to him, emerging markets boost global economies making growth prospects for emerging markets much higher. He spoke to 3FM Business … Read more
Sub-Saharan African growth is expected to pick up modestly to 2.9 percent in 2017 as the region continues to adjust to lower commodity prices. This according to the January 2017 global economic prospects report published by the world bank. The report which gives a global outlook on the economic prospects is on the theme “Weak … Read more
The United Arab Emirates (UAE) and China are the most preferred emerging-market countries among young people who would like to live abroad to advance their careers, a World Economic Forum (WEF) survey presented Sunday showed. In the survey whose findings were presented in a media briefing, the two Asia countries ranked as the most preferred … Read more
Saudi Arabia attracted massive investor demand of about $67 billion on Wednesday for its first international bond offer, as the world’s top crude exporter allayed concern about the impact of low oil prices on its finances. A source familiar with the offer said order books had come close to the $69 billion record for an … Read more
The emerging markets are challenging developed countries by producing innovative business services and products, for less cost than western nations. Countries in Africa, including Ghana, have emerged as up-and-coming investment hubs. However, there are a number of obstacles that these countries must overcome in order to keep up with their more developed counterparts. Leading real … Read more
The world’s middle class is growing. According to Pew Research Center, 63 million people entered Latin America’s middle class over the last decade; it is estimated that Nigeria’s middle class grew by 600 percent between 2000 and 2014. By 2030, Ernst and Young (EY) expects two thirds of the global middle class to live in … Read more