Emerging Markets post Record Highs

Investor Mark Mobius said he expects emerging markets to surpass previous records, predicting a continued rally with “corrections along the way.” “If the money supply keeps on growing we will continue to see a bull market,” Mobius, who oversees about $25 billion as...

The Rise and Rise of China

For decades, China followed the dictum of its late supreme leader, Deng Xiaoping, to keep its head down abroad and focus on development at home. But earlier this decade, emboldened by success and mindful that their globalized economy needs stability, communist leaders...