Global Business & Emerging Markets

Bond funds renew hedges on Canadian dollar, expecting currency to strengthen after its worst start to a year since 1972.

Bond funds renew hedges on Canadian dollar, expecting currency to strengthen after its worst start to a year since 1972.

Debt worldwide has increased more than 40 percent since 2007, according to Bank for International Settlements.

Debt worldwide has increased more than 40 percent since 2007, according to Bank for International Settlements.

Cut-throat competition among ratings agencies may be leading to inaccurate evaluation of risks. China's 'Bear Stearns moment' may be just around the corner.

After the nation's president removed its central bank governor, the naira is at risk of devaluation, as are Nigerian assets.

After the nation's president removed its central bank governor, the naira is at risk of devaluation, as are Nigerian assets.

Bloomberg survey shows analysts expect euro to fall to median US$1.32 by midyear and US$1.28 by year-end.