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Showing 1 - 10 of 32 results for "BRICS"

Forget BRICs: Skerryvore

CHLOE WALKER  |  WEDNESDAY, 9 NOV 2022
... markets euphoria, a return to prosperity is unlikely to be shortened into a simple acronym as it was during the period of the BRICs (Brazil, Russia, India, and China), as lines begin to blur between developed nations and EMs. Instead, as we look out ...

Goldman Sachs calls time on BRICs

LAURA MILLAN  |  THURSDAY, 12 NOV 2015
Goldman Sachs Asset Management has closed its BRIC (Brazil, Russia, India and China) Fund and integrated it into a wider emerging markets fund. After the firm first coined the term in 2001, the move effectively brings the BRIC era to an end. GSAM notified ...

China puts another one in the bag

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2015
Like the energizer bunny, China keeps on going and going... and going. Certainly, concerns are mounting over the Middle Kingdom's slowing economy in recent months but even the IMF, in its latest World Economic Outlook (WEO) -- released 6 October -- ...

Volatile like its 2011

BENJAMIN ONG  |  THURSDAY, 16 OCT 2014
... give it time and we might just re-live this again) - that scared us nearly three years ago. Only thing is back then, the BRICS were still growing at a decent clip. Not anymore. The bottom line is that, global growth is fast running out of drivers. Though ...

Stagflation is real in Brazil

BENJAMIN ONG  |  WEDNESDAY, 27 AUG 2014
... market is too - and then some. Gauging from the recent performance of Brazil's stock market, the economy of the B of the BRICS appears to be on its way up. The Bovespa index has advanced by 16.1% this year to date, more than the S&P 500's 9.7% return ...

Punishing Putin (harder)

BENJAMIN ONG  |  WEDNESDAY, 30 JUL 2014
... later tonight. Putin knows it. In fact, on 17 July -- fresh from attending the negotiations and eventual launched of the BRICS' "New Development Bank (NDB) -- Putin told reporters in Brazil that: "Sanctions have a boomerang effect and without any doubt ...

Life's a bargain

BENJAMIN ONG  |  FRIDAY, 18 JUL 2014
... - for it would hurt them as much as it hurts Russia. Fresh from attending the negotiations and eventual launched of the BRICS' "New Development Bank (NDB), Putin told reporters in Brazil that, "Sanctions have a boomerang effect and without any doubt ...

A BRICS R5 Bank is born

BENJAMIN ONG  |  THURSDAY, 17 JUL 2014
... for sure, one day we'll get to the end of this "considerable period". But "no woman, no cry", more money's coming for the BRICS - Brazil, Russia, India, China, South Africa - has just built what I call the "R5 - renminbi, rupee, rubble, real, rand - ...

BRICs without BRI

BENJAMIN ONG  |  WEDNESDAY, 26 MAR 2014
... would eventually supplant the Group of 7 (G7) as the richest countries in the world. You guessed it Virginia, these are the BRICs - the economies of Brazil, Russia, India and China. They were all the rage back then, back when they were defying the gravity ...

While America was shuttered

BENJAMIN ONG  |  MONDAY, 21 OCT 2013
... fundamentals - slowing growth, high inflation and ballooning budget and current account deficits (the highest among the BRICs) - greased the Indian currency's slide. The Fed's surprise non-taper gave emerging markets - India, in particular -- a reprieve. ...
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