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Emerging Markets


Germany Weighs Greek Aid as Market Drop Spurs Reversal on Eve of EU Summit German Finance Minister Wolfgang Schaeuble will brief lawmakers today on steps he may take to support the Greek government as it braces for a wave of strikes protesting deficit-reduction plans.

SPACs Will Help to Reverse Korean Mergers Slowdown, Green Korea's Ji Says Special purpose acquisition companies will drive takeovers in South Korea, where deal volume has dropped for the past three years, said Ji Sung Bae, who runs the country’s first such firm.

South Korea's Central Bank May Maintain Rate at 2% Amid Political Pressure South Korea’s central bank may keep the benchmark interest rate at a record low as the government presses policy makers to stoke the economy before elections.

India Rejects Genetically Modified Vegetable, Hampering Monsanto Expansion India’s government rejected the nation’s first genetically modified food after protests by farmers, hampering the expansion of seed makers including Monsanto Co. in the world’s second-most populous nation.

Brazil Will Decide This Month Which U.S. Goods Face Sanctions, Porto Says Brazil hasn’t yet decided which U.S. goods will face retaliation after the World Trade Organization authorized sanctions in response to subsidies to cotton farmers, agriculture ministry official Celio Porto said in an interview in Brasilia.


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