Friday 24 October 2014
 
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BRIC countries

As euro zone suffers, emerging markets thrive

  No matter how Cyprus's financial drama ends, its troubles show yet again that rich countries enfeebled by the great financial crisis remain a weak link in the world economy.   By comparison, e

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Castlestone fund eyes new BRIC markets

Fund firm Castlestone Management plans to launch a portfolio investing in emerging markets from the Philippines to Iran, hoping they will show the same rapid growth seen in BRIC countries (Brazil, Russia, India and China) in recent years.

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'No mention of dollar in BRIC draft'

The draft communique of Brazil, Russia, India and China (BRIC) does not mention the role of US dollar or a supranational reserve currency, sources with knowledge of the document told Reuters on Tuesday. The sources said the draft communiqu

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