emerging markets

Chinese EV exports hit record $9.4B as Iran war reshapes global market

The war in Iran, launched in late February by the United States and Israel, has reshaped the global electric vehicle market, giving Chinese automakers an opening across the developing world as soaring fuel prices push millions of drivers toward battery-powered…

Emerging market stocks hit record on Iran deal hopes, AI rally

Emerging-market stocks climbed to a historic high on Monday as progress in US-Iran peace negotiations and a global surge in artificial intelligence investment combined to lift developing-world equities. The MSCI Emerging Markets Index rose as much as 1.3% to an…

Emerging-market firms beat profit forecasts for first time in four years

Companies in the MSCI Emerging Markets Index are beating profit estimates for the first time since early 2022, marking a turning point in a years-long stretch of underwhelming corporate performance across the developing world, according to Bloomberg.

LatAm currencies, stocks fall after Fed’s hawkish hold

Most Latin American currencies and stocks declined on Wednesday as investors digested hawkish policy cues from the U.S. Federal Reserve, which held interest rates steady but signaled the possibility of hikes ahead under new Chair Kevin Warsh.