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The Latest Breaking News from Emerging Markets

Dana Wins $2.7M Grant For e-Powertrain Development

Dana Inc (NYSE:DAN) has bagged a $2.7 million (£2 million) grant for its Birmingham, U.K. operation to develop an e-Powertrain for OX Delivers. OX Delivers is a flat-pack utility vehicle designed for emerging markets in Africa. The truck is powered by Dana's Spicer Electrified eS4500i e-Drive Unit, combining an electric motor, inverter, gearbox, and…

Benzinga

Turkey Caught in a Spiral of Lira Crises

Turkey's lira has lost nearly a quarter of its value this year as soaring inflation and the central bank's reluctance to raise interest rates stoke fears of another currency crisis. No stranger to booms and busts as well as sharp swings in its currency, Turkey has long been considered among…

Asharq Al-Awsat

The shadows over global growth recovery are long

The developing economies have to prepare for tighter financial conditions and spillovers from geopolitical volatility

The Hindu

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Building peace and prosperity with strong BRICS

The BRICS partnership is ‘walking together to walk far’ to build a community with a shared future for mankind

The Hindu

Innobic, Aztiq aim to take Thailand’s life sciences sector to the next level

Innobic (Asia) Co., Ltd., a wholly-owned subsidiary and life science arm of the national oil and gas conglomerate PTT, together with Aztiq HK Ltd., is acting on its promise to uplift Thailand’s life science business by completing a deal to buy out Alvogen Emerging Markets Holdings Ltd. (AEMH), raising Innobic’s…

Bangkok Post

After $5 trillion rout, emerging markets seek turnaround signal

The wreckage of a $5 trillion rout in emerging markets is starting to look like a buying opportunity to some intrepid investors.

Bangkok Post

Herbicides threaten edible weeds in Zambia -- that may be bad news for local food security

The use of herbicides – substances that control unwanted plants – is on the rise across Africa. This trend has been referred to by some researchers as the “herbicide revolution”. This trend is driven by cheap herbicides flooding into the continent from Asia and global agrochemical companies discovering Africa’s emerging…

The Conversation

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Raimon eyes emerging markets to boost income

SET-listed developer Raimon Land Plc will shift to data centres, branded residential development and low-rise houses to tap emerging markets which will improve its annual revenue.

Bangkok Post

Goldman predicts Thai interest rate hike in Sept

Hawkish expectations in Asia’s emerging markets are piling up as traders become increasingly convinced that central banks in the region cannot ignore the threat of domestic inflation any longer.

Bangkok Post

China contagion threatens to derail the world’s emerging markets

A widespread selloff in China is rippling through emerging markets, threatening to snuff out growth and drag down everything from stocks to currencies and bonds.

Bangkok Post

Smith & Nephew Posts Q1 Sales Growth As Elective Procedures Rebound

Smith & Nephew PLC (NYSE:SNN) posted Q1 revenue of $1.31 billion, up 3.3% on a reported basis (including -2.6% currency effect) and up 5.9% on an underlying basis. Sports Medicine & ENT revenue up 8.6% underlying. Advanced Wound Management revenue up 8.0% underlying and Orthopedics revenue up 2.6% underlying Established Markets revenue…

Benzinga

Cheaper And Better For The Environment: Coca-Cola To Bring Back Contour Glass Bottles

Remember those classic contour glass refillable Coca-Cola Co (NYSE: KO) bottles? Well, they’re coming back. The company announced that the curvy bottles will become available in several emerging markets.

Benzinga

The Best Small-Cap ETFs to Buy

The best small-cap ETFs offer a contrarian way to potentially outperform the market over the long term.

Kiplinger

5 Low-Volatility ETFs to Buy Now

Low-volatility ETFs try to generate more upside reward with less downside risk by selecting stocks that don't move as much or as rapidly as the broader market.

Kiplinger

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