Frontier Markets booming but risks mounting
NEW YORK - With the world's biggest central banks driving yields on safe assets to near zero, some investors are tossing caution to the wind and rushing to buy illiquid and previously overlooked bonds sold by countries with no capital markets track record.
Recent Business News
Chidambaram says will introduce direct tax code in monsoon session
MUMBAI - Finance Minister P. Chidambaram said on Friday he would introduce a bill for a direct tax code (DTC) during the monsoon session of parliament.
IMF's Lagarde escapes formal investigation in court
PARIS - French magistrates decided on Friday not to place IMF chief Christine Lagarde under formal investigation over her role in a 285-million-euro arbitration payment made to a supporter of former president Nicolas Sarkozy.
Billionaire investor apologizes for saying women traders inferior
REUTERS - Billionaire investor Paul Tudor Jones, who riled both Wall Street and Main Street when he said that women will never quite rival men in investing or trading, apologized on Friday, noting that he has encouraged his daughters to pursue careers on Wall Street.
News Corp to take charge of up to $1.4 billion this quarter
REUTERS - News Corp said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion, as the company prepares to split its business between its newspaper and entertainment operations.
Investor/trader: which suits you better?
If you are a new entrant in the stock market, you will come across some stock market jargons which will confuse you. One of them is related to the identity and the behaviour of the stock market participant. Full Article
REUTERS SHOWCASE
Revenge of Markets
For months, markets have been dancing to central bankers' tune, but that may now be changing, writes James Saft. Full Article
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