Emerging Markets Had Biggest Outflow Since 2009, JPMorgan Says

Capital outflows from developing countries reached $120 billion last quarter, the most since 2009, fueled by an exodus from China amid concern over the strength of the country’s economy, according to JPMorgan Chase & Co.

South Africa Stocks Rally to Record in Best Week Since January

South African stocks advanced to an all-time high as emerging markets benefit from low global interest rates, which are prompting investors to seek assets deemed as risky for higher returns.

IMF's Lagarde sees 'new reality' of mediocre growth

WASHINGTON (Reuters) - Mediocre economic growth could become the "new reality," leaving millions stuck without jobs and increasing the risks to global financial stability, the head of the International Monetary Fund warned on Thursday.

City of London boosted by China currency trading move

London will be the base for the first clearing bank outside Asia for the Chinese currency, supporting Britain's push to be the leading western centre for offshore renminbi trading.

Emerging markets output growth hits three-month high in May: HSBC survey

(Reuters) - Business activity in emerging markets expanded at the fastest rate in three months in May, although growth was weak compared with developed markets and an index of future expectations hit a new low, a survey showed on Friday.

China 2013 current account surplus to GDP ratio falls to 2%: Report

BEIJING: China's current account surplus was equivalent to 2 per cent of gross domestic product in 2013, down from 2.6 per cent in the previous year, official data showed, as the government seeks to reduce the economy's reliance on external demand.

Markets may be underestimating threats to the global economy

The world's economic, financial, and geopolitical risks are shifting. Some risks now have a lower probability – even if they are not fully extinguished.

Yellen Wins G-20 Praise as Emerging Markets’ Angst Eased

The world’s major economies pledged to maintain generally accommodative policies and pay heed to the international repercussions of their actions as Federal Reserve Chair Janet Yellen won praise for helping smooth emerging-market concerns.

G-20 Pushes Growth as Stimulus Withdrawal Backed, Draft Says

The Group of 20 will take “concrete actions” to bolster growth while backing the normalization of monetary policy in advanced economies, according to a draft communique seen by Bloomberg News.

IMF, Britain warn emerging economies ahead of G20 talks

SYDNEY: IMF chief Christine Lagarde and British finance minister George Osborne on Thursday demanded emerging economies get their own houses in order, after some attacked US monetary policy in the run-up to G20 talks this weekend.

Australia Pushes Infrastructure as G-20 Growth Driver: Economy

Australia’s bid to sell state-owned infrastructure to help fund new projects will form a centerpiece of its Group of 20 agenda as the nation bets its plan to spur jobs is as relevant in Moscow, Mumbai and Michigan as it is in Melbourne.

India Bonds Set for Best Week in Month on RBI Pause; Rupee Drops

India’s 10-year government bonds headed for their best week this month after the central bank unexpectedly refrained from raising interest rates.

Indonesia Unexpectedly Raises Key Rate

Indonesia’s central bank unexpectedly raised its benchmark interest rate, stepping up its campaign to contain inflation (IDCPIY) and shore up the rupiah.

Fed's dovish turn leaves Wall Street economists mulling taper timing: poll

(Reuters) - The Federal Reserve's surprise move on Wednesday to postpone the start of the wind down of its monetary stimulus of the U.S. economy has left Wall Street economists puzzled about the central bank's next move.

Is Federal Reserve ready to begin the great taper? Markets say yes

Is the Federal Reserve ready to put the Great Recession behind it? Is the US economy prepared for it?

Global factory activity highest since June 2011 - PMI

LONDON: Global manufacturing activity grew at its fastest pace in over two years in August as new orders flooded in at a rate not seen since February 2011, a report showed on Tuesday.

G20 faces more market volatility: Russia

MOSCOW: The Group of 20 should brace for more market volatility even as an improving US economy allows the Federal Reserve to scale back its monetary stimulus, Russia's summit coordinator Ksenia Yudayeva said on Wednesday.

G20 needs clear, predictable policies - Russia

MOSCOW (Reuters) - The Group of 20 backs clear monetary policies, Russia said on Thursday, reflecting the concerns of developing economies that a withdrawal of U.S. monetary stimulus could cause market turmoil and capital flight.

Fed officials see brighter global economic outlook

(Reuters) - Two top Federal Reserve officials painted a picture of cautious optimism on Friday for the U.S. economy in 2013, helped by stronger global growth as the central bank aggressively prints money to curb the nation's lofty rate of unemployment.

UK manufacturing expands for second month

UK manufacturing had an promising start to the year, with activity expanding for a second month in a row in January and output growing at the fastest pace since September 2011 despite the snow.