The Morning Briefing: Emerging markets

Summary:"The Morning Briefing" is SmartPlanet's daily roundup of must-reads from the web. This morning we're reading about emerging markets.

"The Morning Briefing" is SmartPlanet's daily roundup of must-reads from the web. This morning we're reading about emerging markets.

1.) The mobile browser dominates in emerging markets. There are seven billion people in this world and only 1.2 billion computers — but close to six billion cellphones. That makes the commercialization ability and growth potential for the mobile Internet massively greater than that of the PC-based Internet.

2.) Emerging markets may support global growth less. Slower growth in many emerging markets could put those countries on a more sustainable growth path but it also means that they won't help support the global economy as much as in recent years, according to the chief economist of the influential Bank for International Settlements (BIS).

3.) Cosmetic firms eye beautiful future in emerging markets. Global cosmetic firms are turning to emerging markets in the hunt for sales, but they face a challenge tailoring their beauty products to suit new customers in India, China and elsewhere.

4.) In a crummy economy, why are stocks soaring? Economic growth is pitiful. Unemployment has topped 8 percent for an exhausting 43 months. The nation is careering toward a so-called fiscal cliff, and maybe a recession.

5.) BlackRock launches "frontier market" fund with global reach. BlackRock has introduced an exchange-traded fund that invests in "frontier markets," or small countries that do not qualify yet as emerging markets.

Image credit: Jonathan Kos-Read

Related:

This post was originally published on Smartplanet.com

Topics: Innovation

About

Charlie Osborne, a medical anthropologist who studied at the University of Kent, UK, is a journalist, freelance photographer and former teacher. She has spent years travelling and working across Europe and the Middle East as a teacher, and has been involved in the running of businesses ranging from media and events to B2B sales. Charli... Full Bio

zdnet_core.socialButton.googleLabel Contact Disclosure

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.