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MODI: OBSTACLES AND OPPORTUNITIES FOR A NEW INDIA

COVER STORY | INDIA
As prime minister Narendra Modi begins his term in office, global market watchers are hopeful that it could signal a sea change for India’s governance, economy and friendliness to business. But most are tempering that enthusiasm with a dose of skepticism.

ASIA: READING THE TEA LEAVES

REGIONAL FOCUS | EMERGING ASIA
The bigger the opportunity, the bigger the risk. This certainly holds true for frontier and emerging economies in Asia. Finding the right balance between the two is a key challenge for multinationals looking to invest there.

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Global Data

Cost of Living Worldwide

Cost of Living Worldwide

The OECD defines a cost of living index (COLI) as an index that measures the change in the minimum expenditures that would be incurred by a utility-maximizing consumer, whose preferences or tastes remain unchanged, in order to maintaining a given ...

The Poorest Countries in the World

There are two standard methods of measuring the wealth of countries and how rich or poor its inhabitants are. The measure most often used is Gross Domestic Product (GDP), which represents the size of a country’s economy. A refinement of ...

Awards & Rankings

WORLD’S BEST SUBCUSTODIANS 2014

WORLD’S BEST SUBCUSTODIANS 2014

Subcustodians are being pressured by declining margins and low interest rates at the same time they are trying to cope with an onslaught of new regulatory requirements. For those with the skill and the wherewithal to meet the challenges, however, the business of protecting and servicing client assets remains profitable. Global investing is expected to continue to increase in the future.

From the Wires

China Criticizes U.S. Move on Solar-Equipment Imports

By Wayne Ma BEIJING--China on Monday hit back at the U.S. for taking another step to close a loophole that allowed some Chinese solar-equipment makers to avoid tariffs. China's Ministry of Commerce, citing an official it didn't identify, said the ...

Italian Manufacturing Business Confidence Down Slightly in July

By Liam Moloney ROME--Italian manufacturing business confidence fell slightly in July, for the second month, pulled down by a worsening outlook for orders, national statistics institute Istat said Monday. Confidence among Italy's manufacturers slipped to 99.7 in July from June, ...

Sweden Resumes Financial Aid to Uganda

By Nicholas Bariyo KAMPALA Uganda--Sweden has resumed financial aid to Uganda, less than six months after the Scandinavian country suspended its support following the enactment of a severe anti gay law. The Swedish embassy in Kampala said Monday that Sweden ...