Singapore sovereign wealth fund GIC has shifted more assets to emerging markets amid uncertainly over the recovery of the US and European economies, its annual report said Tuesday.

BEIJING (Reuters) - General Electric Co <GE.N> is moving its global X-ray headquarters to China from the United States as part of the largest U.S. conglomerate's overall drive to boost its presence in big emerging markets.

WASHINGTON (Reuters) - Debt default. A ratings downgrade. Political deadlock. Such terms, once associated primarily with the developing world, now abound in the mighty United States.

LONDON (Reuters) - Brewer SABMiller <SAB.L> <SABJ.J> reported a rise in first-quarter beer volumes, led on continued growth in emerging markets, but kept the market guessing if it will sweeten its bid for Australia's Fosters <FGL.AX>.

NEW YORK (Reuters) - The credit ratings agencies are again angering governments, but this time they are taking on the big fish of the world economy.

NEW YORK (Reuters) - The credit ratings agencies are again angering governments, but this time they are taking on the big fish of the world economy.

Beijing on Thursday welcomed the appointment of Chinese economist Zhu Min to a new deputy managing director's position with the International Monetary Fund and called for more such reforms.

The International Monetary Fund named Chinese economist Zhu Min to a new deputy managing director's position, giving long-awaited recognition to China's huge power in the global economy.

Four leading emerging countries on Monday vowed to improve access to low-cost and high-quality medicine -- and called on developed nations to shoulder responsibility in helping the poor.

Oil prices dropped Monday, pressured by growing market concerns about the slowing Chinese economy and the eurozone debt crisis.

The BRICS group of emerging countries on Monday vowed to improve access to low-cost and high-quality medicine -- and called on developed nations to shoulder responsibility in helping the poor.

SINGAPORE/ZURICH (Reuters)- Nestle <NESN.VX>, the world's largest food company, is paying a hefty $1.7 billion for a 60 percent stake in candymaker Hsu Fu Chi International <HSFU.SI> to move deeper into fast-growing markets in China.

French automaker Renault reported that first-half vehicle sales fell 7.4 percent in Europe but it expected record sales worldwide thanks to booming emerging markets, it said on Monday.

SINGAPORE (Reuters) - Asia's emerging market central banks will need to keep ratcheting up interest rates well after inflation peaks to prevent higher prices from seeping into corners of the economy where they are much harder to dislodge.

WASHINGTON (Reuters) - China is close to clinching a top-level post at the International Monetary Fund, IMF sources said on Wednesday after the Fund's new chief pledged to give more power to emerging economies.

JOHANNESBURG (Reuters) - A century ago, it was the explorers and infantrymen of Europe's great powers slugging it out for slices of Africa. Now, it is the agents of Chinese and Brazilian capital, but the competition is just as fierce.

WASHINGTON (Reuters) - Christine Lagarde, the IMF's new chief, pledged on Wednesday to push ahead with reforms to give fast-growing emerging markets greater sway at the global lender.

WASHINGTON (Reuters) - Christine Lagarde, the IMF's new chief, pledged on Wednesday to push ahead with reforms to give fast-growing emerging markets greater sway at the global lender.

NEW YORK (Reuters) - U.S. regulators, reeling from a series of scandals over U.S.-listed Chinese companies, will head to Beijing to discuss launching audit inspections while regulators in Canada announced a probe of foreign issuers.

The global economy has hit a "soft patch" due to the disruption caused by Japan's March earthquake but emerging market growth should prevent a double-dip recession, Standard and Poor's said on Tuesday.