Emerging Markets Are Climbing Back From the Dead

Stocks and bonds from Thailand, Indonesia and other developing economies are emerging from their burrow. After ranking as some of the world's worst investments the last few years, emerging markets have produced some of the best returns of 2016. Gains have been so big for Brazilian bank Banco Bradesco, Chinese technology giant Tencent and emerging-market stocks in general that the average mutual fund invested in them has returned 11.5 percent this year.

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Yum to Invest $10B in Emerging Markets Push

Yum! Brands Inc. (YUM), the owner of the KFC and Taco Bell fast-food chains, and its partners will spend $10 billion over the next seven years adding restaurants in emerging markets to tap increasing demand for eating out.  The investments will help Yum increase its outlets in these countries to more than 20,000, Chief Executive Officer David Novak said in an interview yesterday. 

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