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Monday, December 17, 2012

Reuters Money: Looking beyond emerging markets to "frontier" economies

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12/17/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Looking beyond emerging markets to "frontier" economies
CHICAGO (Reuters) - With China, Brazil and India hitting icy patches on their economic growth paths, investing in even younger emerging markets looks promising.
How to target untaxed wealth: Lawrence Summers
(Reuters) - Sooner or later the American tax code will be reformed - probably sooner. Raising revenue will be the main motivation, but at a time of sharply increasing economic polarization, issues of fairness will be prominent too. There are also legitimate concerns about the complexity of current tax rules and their adverse effects on the economy.
Investors bet big on non-U.S. stock ETFs as year-end eyed: EPFR
NEW YORK (Reuters) - Investors poured fresh money into stock funds worldwide with an emphasis on exchange-traded funds that hold foreign stocks as the end of the year approaches, data from EPFR Global showed on Friday.
Rochdale bank analyst Dick Bove likely to leave firm
NEW YORK (Reuters) - Richard Bove, a well-known banking analyst with an independent voice who was once sued by a large Florida bank for defamation, appears to be moving on from Rochdale Securities LLC.
After Sandy, the adjuster comes, but not the cash
NEW YORK (Reuters) - When your home is destroyed, your first urge is to fix it. You want to rebuild, remove the smell of saturated insulation and the sight of mud-stained floors with the new, the clean, the livable.
Where to go online for year-end money advice
NEW YORK (Reuters) - Online calculators can readily tell you much house can you afford, when to retire or how long will it take to pay off debt. But comprehensive investment guidance has been a lot harder to come by with the click of a mouse.
Swiss water down plan to avoid untaxed money
ZURICH (Reuters) - The Swiss government bowed to lobbying from banks on Friday when it announced a watered-down plan to try to clean up the country's image as a haven for untaxed assets.
Fiscal cliff or not, here are tax moves to make now
NEW YORK (Reuters) - Tax planning for many people has devolved into one big guessing game this year as Washington battles over tax policy. Everything from payroll taxes to capital gains tax rates is still up in the air. But there are ways to play the odds, and some moves to make regardless of what Washington does.
Career shift to giving working poor financial know-how
CHICAGO (Reuters) - On September 11, 2001, Lorraine Decker had it made. She and her husband Ken had a lucrative Houston financial planning practice specializing in retirement seminars all over the world for corporate employees. That day, they were waiting for a flight to New Orleans at the Newark airport when the first plane hit the twin towers in New York City.
Factories flex muscles post storm, inflation subdued
WASHINGTON (Reuters) - Factory output posted its sharpest increase in nearly a year in November as auto production staged a rebound, while consumer prices slipped, offering cautious optimism for the struggling economic recovery.
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