Floods may cost cities $50 billion by 2050
Rapid population growth, climate change, and economic growth could lead to a huge increase in the risk of floods in cities near the coast...
Emerging markets likely to improve
The economies of emerging markets will probably improve, say strategists and emerging markets debt portfolio managers at Neuberger Berman, a leading employee-controlled money manager.
Contrary...
Japanese exports on the rise while trade deficit nearly doubles
Japanese exports are on the rise. According to the Ministry of Finance, exports rose 12.2% in July compared to the previous year.
The report revealed...
Increasing confidence in global economic growth
There is significantly more confidence in global economic growth, according to the Bank of America’s Merrill Lynch Fund Manager Survey, which included a total...
Will Merrill Lynch cease to exist?
After acquiring Merrill Lynch and Co. four years ago, Bank of America Corp. says it is considering closing it down.
Bank of America says it...
Raising a child in the US costs $241,080
Have you ever wondered what the cost of raising a child is? According to a new report by the US Department of Agriculture, a...
Optimism about U.S. economic recovery
There is encouraging optimism about U.S. economic recovery and opportunities for businesses among Chief Financial Officers (CFOs) in the U.S., according to the latest...
Gold demand up 53% in second quarter 2013
Demand for gold rose 53% in the second quarter of 2013, driven by strong growth in India and China, says the latest World Gold...
Rupee hits new low against the dollar
The rupee fell to 62.03 per dollar, a new record low. Foreign investors have been taking their money out of Indian debt and shares...
Are USA & Europe net debtors or net creditors?
If official statistics fail to capture most assets held by households in the USA and European in offshore tax havens, it is likely they...