A diverse set of economic circumstances around the globe are forcing investors to take an equally diverse approach to investing, Pimco's Mohamed El-Erian said.
Concerned over the fallout of the European sovereign debt crisis, BRICS countries including India today called for collective efforts to deal with the problem. "Adversity of financial crisis is being faced by all.
The IT sector has recently been plagued with issues of a depreciated rupee, visa problems and the European sovereign debt crisis. But these seem to be 'no-worry issues' for TCS' chief financial officer S Mahalingam.
In an interview on CNBC-TV18, Robert Parker of Credit Suisse said that the global market will remain volatile for a while; however, it will mark growth in the second half of the calendar year. He seemed more concerned on the Japan crisis. “Nuclear problem in Japan will dominate markets,” he said.
The US economy is recovering, but the speed of improvement should not be overstated and "it is too early to declare victory", a top Federal Reserve policy-maker said on Monday.