Forecasters are far from bullish, but analysts suggest the worst may be over for emerging markets following a rally in commodities and currencies. In its latest ‘World Economic Outlook’ report, the International Monetary Fund revised down its forecasts for global growth to just 3.2 percent this year and 3.5 percent in 2017, citing only a modest pickup in advanced …

  Earlier this month, when Indian Defense Minister Manohar Parrikar and U.S. Defense Secretary Ashton Carter agreed in principle to sign a logistics support agreement (LSA) intended to enhance military ties, many in India wondered if the pact would push the country into an unnecessarily tight embrace with the United States. More importantly, they worried that an increasingly assertive China …

  BLOOMBERG Even when they do nothing, central banks have the power to surprise and bewilder. The yen surged the most since August and the Topix Index lost more than 3 percent as equities worldwide fell after the Bank of Japan refrained from adding to its monetary stimulus. U.S. stock futures remained lower and Treasuries erased gains after data showed …