Tag: Emerging Market
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Mexico to maintain the flexible credit line
Mexico hopes to hold onto a flexible credit line with the International Monetary Fund worth around $72 billion in order to help protect the...
China fears economic slowdown
China's government has acted for the first time this year to boost economic growth after a string of disappointing data led to fears of...
Huawei net profit for 2013 was $3.38bn
Chinese telecoms equipment maker Huawei has reported a 34% increase in annual profits, its fastest growth in profits for four years.
Net profit for 2013...
Brazil’s economy in a surprise growth rate of 0.7%
Brazil's economy unexpectedly notched up a growth rate of 0.7% in the last quarter of last year.
Finance Minister Guido Mantega told reporters: "It was...
Iranian Private Bank Sues UK Government For $4bn
Bank Mellat, Iran?s largest private bank, is suing the UK government for $4bn (?2.4bn) in damages after the Supreme Court quashed sanctions against it.
The...
