Business

Analysis-Cash-hungry emerging markets arrive late to the SPAC party

LONDON (Reuters) – Emerging markets have so far been on the fringes of a fundraising boom using so-called SPACs or special-purpose acquisition companies, which could potentially unlock a vital new source of cash for entrepreneurs in developing regions.FILE PHOTO: A Grab logo is pictured in Singapore March 21, 2019. Picture taken March 21, 2019. REUTERS/Anshuman […]

World News

For emerging adults, pandemic challenges education and job options

CONCORD, N.H. — The coronavirus pandemic has been hard on both kids and adults. But what about those who are in between? Demographic shifts during the last century have given rise to a distinct developmental stage called “emerging adulthood.” Spanning the late teens and early 20s, it’s a volitional, transitional period marked by exploration of […]

Business

Sturdy dollar casts a shadow over emerging markets, BIS says

LONDON (Reuters) – A stronger U.S. dollar will increasingly weigh on emerging- market economic prospects, since developing countries have taken on so much dollar-denominated debt in the past decade, the Bank of International Settlements said on Monday.FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. […]

Business

Sturdy dollar casts a shadow over emerging markets, BIS says

LONDON (Reuters) – A stronger U.S. dollar will increasingly weigh on emerging- market economic prospects, since developing countries have taken on so much dollar-denominated debt in the past decade, the Bank of International Settlements said on Monday.FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. […]