Emerging Market News

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Paladin Makes First Step Into Emerging Markets Through Strategic Investment in Pharmaplan
(Marketwire via COMTEX News Network) -- Paladin Labs Inc. (TSX:PLB), a leading Canadian specialty pharmaceutical company, today announced that it has completed a strategic investment in Pharmaplan (Pty) Ltd. of South Africa. The deal marks Paladin's most

Paladin Makes First Step Into Emerging Markets Through Strategic Investment in Pharmaplan
MONTREAL, CANADA -- (MARKET WIRE) -- 03/16/10 -- Paladin Labs Inc. (TSX: PLB), a leading Canadian specialty pharmaceutical company, today announced that it has completed a strategic investment in Pharmaplan (Pty) Ltd. of South Africa. The deal marks

Poland’s foreign debt in February
Polands Ministry of Finance announced that the following payments in foreign currencies were made for service of foreign debt in February 2010: principal equivalent of EUR 14,4 m (PLN 57,6 m ),interest equivalent of EUR 333,3 m (PLN 1.343 m). As of the

Paladin Makes First Step Into Emerging Markets Through Strategic Investment in Pharmaplan
- Paladin Labs Inc. (TSX: PLB), a leading Canadian specialty pharmaceutical company, today announced that it has completed a strategic investment in Pharmaplan (Pty) Ltd. of South Africa. The deal marks Paladin's most significant corporate development

Paladin Makes First Step Into Emerging Markets Through Strategic Investment in Pharmaplan
MONTREAL, CANADA -- (Marketwire) -- 03/16/10 -- Paladin Labs Inc. (TSX: PLB), a leading Canadian specialty pharmaceutical company, today announced that it has completed a strategic investment in Pharmaplan (Pty) Ltd. of South Africa. The deal marks

Sensex gaines 218 pts on strong advance tax figures
The Bombay Stock Exchange benchmark index, Sensex climbed over 218 points on Tuesday to 17383.18 as advance tax figures were greeted with a good note by the investors. The broad-based NSE Nifty gained 69 points to close at 5,198.10. The Sensex witnessed

Copper Declines as China Inflation Quickens, Imports Increase
Copper declined as inflation in China gained at the fastest pace in 16 months, fueling concern that it may take further steps to cool its economy, and as an increase in the country's imports of the metal boosted supplies. The June-delivery contract on

RIL takes Sensex to 2-month closing high
MUMBAI: The benchmark index of the (BSE) Sensex climbed 1.3% on Tuesday to their best close in nearly two months, with energy giant Reliance Industries leading the charge, and the rise in world equities lending support. Reliance Industries (RIL), which

Turkey says budget deficit down in Feb
Ministry of Finance said Turkey's budget deficit in February fell %69.3 year-on-year down to 2,271 million Turkish liras. Turkish Ministry of Finance on Tuesday said Turkeyescape_start39;s budget deficit in February fell %69.3 year-on-year down to 2,271

Sensex in India at 2-month High, Reliance Up
6:00 PM Mumbai, 8:30 AM New York – The benchmark index in Mumbai trading gained more than 1% as investors focused on earnings in the current quarter and advanced tax payments. Reliance Industries payment of $170 million bolstered market sentiment

IPFA S. Africa: Lessons from Other Emerging Markets
Details yet to be confirmed. For further information, please contact Julie Zirngast at jzirngast@ipfa.org or +44 (0) 207 831 2222

BSE Sensex edges higher; Reliance, L&T lead
Mumbai: The BSE Sensex was trading 0.1 percent higher on Tuesday, supported by a small rise in its Asian peers, with Reliance Industries and Larsen & Toubro leading the charge. Asian shares rose modestly ahead of a Federal Reserve policy meeting

Finnish pension funds warm to emerging market debt
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Tsunami takes down Chilean fishing, economy
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India may have double digit inflation in March: Pranab
Dial 2324 from your mobile for latest news NEW DELHI, Mar 16 (bdnews24.com/Reuters) - India could see double-digit inflation in March, Finance Minister Pranab Mukherjee told parliament on Tuesday. Wholesale price inflation touched 9.89 percent in

Argentina’s IRSA, YPF May Sell Foreign Debt on Swap (Update2)
(Updates prices.) March 16 (Bloomberg) -- Argentine companies from YPF SA to IRSA Inversiones y Representaciones SA may sell overseas bonds for the first time in at least three years as prospects the government will complete a $20 billion debt swap

Emerging market bonds is way to go
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World Bank Report Claims 'Quiet Corruption' in Africa
The World Bank, in its annual Africa Development Indicators report, says so-called "quiet corruption" is widespread in Africa. The report says the problem of corruption goes beyond bribes and graft and affects health, education, and agriculture. The

World Bank Supports Armenia in Improving Public Sector Performance
In Yerevan: Vigen Sargsyan, (374 10) 520-992 vsargsyan@worldbank.org

The Emerging Market Shift Of Global Economics
Here in Laguna Beach today, it feels like summer. Gentle ocean breezes struggle to keep the mercury below 80 degrees, as beachgoers of all ages struggle to avoid sunburn while basking in the sun. The conditions on Wall Street are not so different.

Azerbaijan President receives EBRD president Thomas Mirow
Azerbaijani President Ilham Aliyev has today received President of the European Bank for Reconstruction and Development Thomas Mirow and his accompanying delegation, the AzerTaj state news agency reported. The Head of State said he is satisfied with the

Helped by Reliance, Sensex ends 218 points up
Mumbai, March 16 (IANS) A benchmark index for Indian equities Friday closed over 218 points up with index heavyweight Reliance Industries contributing to most of the gains. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which

Sensex closes 231 points up
Mumbai, March 16 (IANS) A benchmark index for Indian equities Friday closed over 231 points up with index heavyweight Reliance Industries contributing to most of the gains. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which

Emerging Markets See Biggest Growth for UK Exports
The FX team at Close Brothers is warning UK exporters that they are now exposed to greater currency risk because they are trading with a wider range of countries. Analysis1 by the Close Brothers FX team reveals that the value of UK exports to China

Lion, Unicharm tackle emerging markets with affordable green goods
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Push?to?raise?Palestinian?bourse's?profile
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JPM’s Michele to double exposure to emerging market debt
J.P. Morgan Asset Management’s Bob Michele intends to double his exposure to emerging market debt by the end of the year. JPMAMs global chief investment officer and manager of the 52.4m Strategic Bond fund expects to increase his existing 10% weighting

EBRD To Allocate EURO 100 Mln For Railway Construction
Tbilisi. March 16 (Prime-News) – EBRD Board of directors has approved allocation of credit in amount of EURO 100 Mln for railway’s construction of a detour around Tbilisi.

Sensex surges to two-month high
MUMBAI: The Bombay Stock Exchange sensitive index, Sensex, on Tuesday surged to its nearly two-month high with a 218-point rally helped by robust gains in heavyweight Reliance Industries and positive cues from Asia and Europe. The BSE's 30-share index

AstraZeneca will be picky in emerging markets
The drugmaker is not planning a wholesale rush to sell branded generics in the developing world. Instead, it plans to focus on around 100 medicines in 30 markets where it can achieve favourable pricing. We will be very selective in branded generics, head