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Developing economies

JPMorgan Pursues Deals to Finance Shutdown of Coal-Fired Power

(Bloomberg) -- JPMorgan Chase & Co. is actively pursuing deals to finance the early shutdown of coal-fired power plants, joining...

Putin hosts Global South leaders at BRICS summit intended to counterbalance Western clout

KAZAN, Russia (AP) — China’s Xi Jinping, India’s Narendra Modi and other global leaders arrived Tuesday in the Russian city of Kazan for a...

Emerging Currencies Weaken as Traders Gauge China Stimulus Plan

(Bloomberg) -- Currencies in developing economies mostly weakened to the dollar as China’s new stimulus measures failed to spark a broader positive sentiment toward...

Asian Development Bank raises growth forecast for region, but warns of risks from trade sanctions

Developing economies in Asia are forecast to grow at a 5.0% annual pace this year, helped by a strong U.S. economy and surging demand...

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