Emerging-market stocks rose for a ninth day, the longest stretch in more than 14 months, as data showing expansion in Chinese service industries and U.S. manufacturing bolstered confidence in the global economy. OCI Co. (010060), South Korea’s biggest maker of polysilicon used in solar panels, surged the most since January 2012 after prices of the […]

Daily FX Market Roundup 01-02-13 FX Traders Worried About Unfinished Business in Washington? EUR: Correlation with US Stocks Break Down GBP: Shrugs Off Sharp Improvement in PMI AUD: Supported by Upward Revision to PMI NZD: Comm Dollars Lifted by Risk Appetite CAD: Oil and Gold Prices Up Another 1% USD/JPY Hits Fresh 2 Year Lows […]

The globalization pendulum may be swinging back toward a healthier position, columnist Robert Samuelson observes. Several decades in the making, the globalization trend might be subsiding a bit. This has ramifications for immigration, as well. Back in the ’80s, “globalization” and “interdependence” and other such terms were invoked to promise a bright, universally prosperous future. […]

“The fate of the U.S. economy will be decided in the next four to five years. The question is: Do we continue on the course to becoming a third-world country, importing finished goods and exporting raw materials, or will we rebuild our manufacturing base and once again become the premier industrial leader?” — Michele Nash-Hoff […]