Citigroup Says Saudi Is Best Emerging Market for Deals

Saudi Arabia’s planned privatizations, including a share sale in the world’s biggest oil company, represent the biggest investment banking opportunity in emerging markets, according to Citigroup Inc.  Implementation of the kingdom’s plans to restructure the economy -- known as Vision 2030 -- "could translate into a fantastic wallet for the investment banks," Omar Iqtidar, Citigroup’s head of investment banking in the Middle East, said in an interview in Dubai. "We are seeing momentum picking up, with skeptics increasingly converted into believers of the restructuring," he said.

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Fledging Emerging Market Reprieve Ends as Fed Hawks Take Wing

The brief reprieve in emerging markets is over, cancelled out by a sharp reminder from the US that nobody should be betting on low rates to last for ever.  As markets absorbed the US Federal Reserve’s April meeting minutes published last week and realised that a summer rate rise was back on the table, a “risk-off” trade took hold that pushed the dollar up and sent commodity and equity prices down.

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Is Now the Time to Buy Emerging Markets?

Andrew Swan, head of Asian equities and portfolio manager at BlackRock Asset Management, discusses emerging markets, currencies in Asia and his outlook for China. He speaks to Bloomberg's Yvonne Man on "Asia Edge."

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Emerging Markets Says Oil Prices to Rebound to $60

The emerging-market investment pioneer Mark Mobius said he expects oil prices to rebound to US$60 a barrel by the end of the year as the supply of crude shrinks, giving a measure of relief to major oil producers like the UAE and other Arabian Gulf nations. Oil prices have shot up by almost 20 per cent in the last three months since declining by as much as 70 per cent since mid-2014.

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