- Help
- •Contact us
- •About us
- •Sitemap
- •Advertise with the FT
- •Terms & Conditions
- •Privacy Policy
- •Copyright
© The Financial Times Ltd 2012 FT and 'Financial Times' are trademarks of The Financial Times Ltd.
Sweden eyes Chinese lessons in schools
Sweden could become the first country in Europe to offer Chinese lessons to all schoolchildren under plans floated by the Swedish education minister.
Jan Björklund said giving future generations access to Chinese language tuition was crucial to national competitiveness.
As protests move from the east of Libya towards its capital Tripoli, triggering the decision by BP to suspend some of its operations in the country, markets are nervously watching the oil price.
According to David Fyfe, the International Energy Agency’s head of oil industry and markets division, around 50,000 barrels per day of crude production have been shut in because of the anti-Gaddafi protests and the regime’s response to them. Continue reading »
Positive news from Vale, the Brazilian miner, helped the country’s Bovespa index gain for the tenth day in a row on Friday. Continue reading »
London headlines
* China gas growth to hit western groups
* Russia eyes Norilsk Nickel stake amid ownership fight
* Slim saving money for Brazil’s net as bid May boost debt rating
* AU says must replace Western partners with China
* Govt open for more equity infusion in Air India: Patel Continue reading »
London headlines
* Oil spill proves wake-up call for China
* Volvo would welcome brake on China’s growth
* Dubai World ready to use tribunal for debt deal
* Everbright Bank to sell up to 6.1bn shares
* Hungary PM rejects new IMF deal and austerity Continue reading »
Americas market wrap
Latin American stocks rallied on Thursday, mirroring US equities which were boosted by positive earnings news and companies raising their profit forecasts, writes Anora Mahmudova in New York. Continue reading »
London headlines
* Indian group in talks with BP on Vietnam assets
* China rating agency condemns rivals
* Putin lures $1bn less than planned as higher yield sought
* Foreign investors eye China’s property market
* Dubai World restructuring could trigger Gulf gains
Americas markets wrap
Latin American stocks were generally up on Wednesday in spite of US equities tumbling into negative territory and the yield on two-year Treasury notes falling to a record low after Ben Bernanke, the Federal Reserve chairman, acknowledged an “unusually uncertain” economic outlook. Continue reading »
Gains in commodities and a moderating inflation outlook boosted Brazilian shares and the real, as an upbeat tone in the US following positive earnings reports lifted markets across the Americas, writes Telis Demos in New York. Continue reading »
Latin American shares were generally up on Monday in spite of fears on the health of the US economy, writes Telis Demos in New York. Continue reading »
A key US jobs report disappointed, with the economy overall losing jobs due to the decline of census hiring and fewer private sector jobs being created than expected, writes Telis Demos in New York. Continue reading »
Latin American markets slumped on Wednesday, slipping late in the session as weak US employment data compounded continuing worries about eurozone sovereign debts, reports Telis Demos in New York. Continue reading »
Brazilian GDP: how much better can it get?
By Andrew Downie in Sao Paulo
The economic news from Brazil just gets better. The central Bank today predicted annual growth for 2010 would hit 7.3 per cent, a rise on the 5.8 per cent it predicted in March and an indication it expects the spectacular growth during the first quarter to continue for much of the year.
The increase follows a whopping 9 percent growth in GDP the first quarter, fuelled by strong domestic demand. What risks there are come from the rest of the world, says the bank, pointing to the potential worsening of Europe’s debt crisis.
But the central bank does not ignore the domestic worries. With a slight nod to the dangers of overheating, bank officials raised their forecast for annual inflation, to 5.4 per cent from 5.2 per cent. The bank recently raised interest rates after years of steady decline and they now sit at 10.25 per cent. A further increase is expected at the next rate-setting meeting in three weeks. Continue reading »
Mark Mobius on China and opportunities beyond Brics
By Sophia Grene of FTfm
He’s been managing emerging market funds for Templeton Asset Management for 23 years, and involved in emerging markets generally for more than four decades, and he’s not bored yet. Veteran EM investor Mark Mobius is still enthusiastic about the opportunities for investors outside the developed world.
“There are many attractions but the key word is growth,” he said in a video interview with FTfm, predicting economic growth rates four or five times those of developed markets. Continue reading »
| About this blog | Headlines email | Blog guide |
| Regulars | Series | Archive |