India: Tata Steel Sells Assets

EMERGING MARKETS ROUNDUP: INDIA   by Aaron Chaze   Tata Steel: Trimming debt In an attempt to trim its debt, India’s largest steel producer, Tata Steel, is to sell its 26.3% stake in Riversdale Mining, the Australian Stock Exchange–listed coal ...

China: Floods Drive Prices Higher

EMERGING MARKETS ROUNDUP: CHINA   by Thomas Clouse   Floods devastate crops Inflation in China accelerated in May to its most rapid rate in 34 months. According to the National Bureau of Statistics (NBS), the consumer price index rose 5.5% ...

Asian Infrastructure Finance Gets International Boost

MILESTONES: ASIA   by Denise Bedell   Charged up: Investment should enhance power grid Vietnam’s National Power Transmission Corporation (NPT) has launched a $200 million, 13-year infrastructure finance facility that demonstrates the growing enthusiasm among international investors for financing Asian ...

Emerging Markets Roundup: China

TRADE SURPLUS GROWS SHARPLY   By Thomas Clouse   China’s trade surplus jumped to $11.4 billion in April, after the country posted its first quarterly deficit in seven years in the first three months of the year.   China moves ...

Emerging Markets Roundup: India

INDIA SHORTLISTS EUROPEAN FIGHTERS FOR $11 BILLION CONTRACT   By Aaron Chaze   After a fiercely contested bidding process, which involved President Obama’s pitching in on behalf of US aerospace firms, the Indian government has announced the finalists in the ...

Emerging Markets Roundup: India

Tata Steel Forges Ahead With Hybrid Securities Issue   By Aaron Chaze   Tata Steel is the first Indian company outside of the banking sector to raise capital by issuing a hybrid security.   Mill power: Tata shows its muscle ...

Emerging Markets Roundup: China

Beijing Tightens Trade Ties With Brazil   By Thomas Clouse   China and Brazil have agreed to strengthen cooperation in trade and development.   Chinese imports rise China and Brazil agreed to strengthen cooperation in trade and development in April ...

Vietnam Reshapes Economic Strategy

MILESTONES: VIETNAM   By Thomas Clouse   Vietnam’s policymakers are struggling to rein in inflation after the consumer price index (CPI) rose by a two-year high of 13.9% year-on-year in March.   Spending roars ahead The country performed well throughout ...

Reviving East Asia's Economic Miracle

COVER STORY: JAPAN   By Michael Shari     Although it inflicted unspeakable horrors upon an aging, hard-working population, Japan’s recent earthquake is breathing new life into a deflationary economy.     The symbolism was lost on no one when ...

Emerging Markets Roundup: China

CHINA BECOMES THE WORLD’S LEADING MANUFACTURER   By Thomas Clouse   Ending the more-than-100-year reign of the United States as the world’s top producer, China became the world’s largest manufacturer by output in 2010.   Jiabao talks down growth US-based ...