India’s benchmark stock index will climb as much as 6 percent to a record by year-end if state election results this weekend confirm gains by the nation’s main opposition party, according to a Bloomberg survey.
China’s broadest economic reforms since the 1990s will add less than half a percentage point to annual growth this decade, a survey showed, underscoring the likelihood of a cut in the nation’s expansion target.
In speeches, press briefings and published commentaries, proponents of global free markets are proclaiming that a really big deal is on the table this week at the World Trade Organization meeting in Bali, Indonesia.
Prospects that Mikhail Khodorkovsky, the former Russian billionaire jailed a decade ago, will be freed in an amnesty program are leading Swedbank Robur and Prosperity Capital Management to predict a stock market rally.
Argentina’s attempts to repair its standing internationally show the nation wants to tap overseas bond markets for the first time since a $95 billion default in 2001, according to former central bank governor Mario Blejer.
Investors’ demand for insurance against political risk is on track to match last year’s record as instability persists in the Middle East and disputes in Latin America erode confidence, the World Bank said.
Romania’s banking industry will witness a ‘‘shock’’ increase in its non-performing loan ratio in the last two months of this year following a central bank investigation into lenders’ practices on reporting bad debts.