Here we go again. The gyrations in India’s biggest state-run oil explorer, whose stock was down more than 11.5 percent at one point last week, are a reminder that a nightmare investors thought was over might be resuming. In early 2009, when global oil prices had collapsed from their pre-financial-crisis high, Goldman Sachs Group Inc. caused a flutter by accusing ...

Brokers tired of dwindling bonuses may find riches await them in Vietnam. Local securities companies have been making some high-profile hires in recent months. Mike Lynch, formerly a managing director at CIMB Group Holdings Bhd. in New York, moved to Ho Chi Minh City just over a year ago to head institutional equity sales at Saigon Securities Inc., the biggest ...

Will Ethiopia become “the China of Africa”? The question often comes up in an economic context: Ethiopia’s growth rate is expected to be 8.5 percent this year, topping China’s projected 6.5 percent. Over the past decade, Ethiopia has averaged about 10 percent growth. Behind those flashy numbers, however, is an undervalued common feature: Both countries feel secure about their pasts ...