Emerging Markets

Raiffeisen Bank International CEO Stepic offers to resign

Herbert Stepic, the CEO of RBI and architect of the bank's expansion in Central and Eastern Europe, offered to step down as an inquiry is under way

Japan stocks to outperform despite fall: economist

The economist who warned that Wall Street stocks were overvalued just before the dotcom crash says Japanese stocks are better placed than other markets
In emerging markets, go for local bonds, stocks: strategists

Most of the talk, in the markets and among policymakers, is about growth but strategists at HSBC say emerging markets investors should actually look at inflation
Chinese buyers quietly pushing up Europe valuations

The one thing that has sent European companies' valuations higher despite the eurozone crisis has been China, an expert tells Emerging Markets
Bad China prospects aggravate markets fall

Shocked by Fed Chairman Ben Bernanke's ambiguity over quantitative easing, global markets were also hit by bad Chinese factory data showing a weaker outlook

László Andor, European Commissioner responsible for employment

What emerging market currencies to buy

Although the environment remains "challenging" for emerging market foreign exchange, there are some buying opportunities, according to strategists
How to trade US Treasuries moves in emerging markets

With investors nervous about recent moves higher in US Treasuries yields, one strategist says this actually offers a "great opportunity" for emerging market debt
Turkey rating upgrade to boost stocks, bonds: analysts

The second upgrade to investment grade status for Turkey, although priced in, is still likely to give a lift to the country's stock market and to its bonds
'Unloved' EM equities 'one catalyst away from a rally'

Emerging market stocks remain "one of the most unloved" areas of global markets, but they might stage a rally, a survey of fund managers shows
EU commissioner warns on xenophobia

Virulent debate on immigration should be toned down, as EU citizens have the right to look for work in other countries, László Andor tells Emerging Markets
Democracy 'under siege' across CEE, warns ex-PM

The economic crisis has brought back authoritarian regimes in some countries in emerging Europe, experts say
Corporate bond issuance set to boom

A steep rise in corporate debt issuance has raised concerns of a bubble but a leading banker tells Emerging Markets there is no danger

Features

RUSSIA: A bigger picture

In a contest for best macroeconomic management, Russia could lay claim to be the world's star performer. But it will have to make some changes
SLOVENIA: Too small to fail

It sprung into the spotlight when it was likened to Cyprus; but the small Alpine state is likely to pull through
HUNGARY: Not all plain sailing

Hungary has recently found itself in a sweet spot, with inflation falling and bond yields low. But this is too good to last, economists warn
CEE: In uncertain times

The long shadow of the eurozone crisis makes economic forecasting for emerging Europe extremely difficult. But there are some bright spots
SEMED: Waiting for the IMF

Investment in the newest EBRD members is likely to return only if agreements with the IMF are in place. For that, unpopular reforms are needed

STEPHEN KING: Blame the creditors, too

The creditors in the eurozone need to face up to their own blame, otherwise the breakdown of trust cannot be mended, says Stephen King
SUMA CHAKRABARTI: Eastern Europe needs to be brave

Countries in the region have made painful reforms but more efforts are needed to improve their chances of attracting foreign investment, says Suma Chakrabarti