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Offering inventory financing to commodity traders brings much-needed liquidity to the Islamic trade finance market.

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Global Data

Cost of Living Worldwide

Cost of Living Worldwide

The OECD defines a cost of living index (COLI) as an index that measures the change in the minimum expenditures that would be incurred by a utility-maximizing consumer, whose preferences or tastes remain unchanged, in order to maintaining a given level of utility (or standard of living or welfare).

The Poorest Countries in the World

There are two standard methods of measuring the wealth of countries and how rich or poor its inhabitants are. The measure most often used is Gross Domestic Product (GDP), which represents the size of a country’s economy. A refinement of ...

Awards & Rankings

Awards Program - 2015

Awards Program - 2015

Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.

From the Wires

Brazil Admits Key Fiscal Target Not Achievable

By Paulo Trevisani And Jeffrey T. Lewis BRASILIA--Brazil's government admitted Friday it won't be able to hit a key fiscal target for 2014, on the same day it said September's budget figures were the worst ever, as it tries to ...

MARKET SNAPSHOT: S&P 500, Dow Close At Record Levels

By Barbara Kollmeyer and Anora Mahmudova, MarketWatch NEW YORK (MarketWatch) -- The U.S. stock market rallied on Friday, sending the S&P; 500 and Dow Jones Industrial Average into record territory, after a surprise stimulus plan from the Bank of Japan ...

Obama to Meet With Fed's Janet Yellen on Monday

By Jeffrey Sparshott President Barack Obama is scheduled to meet with Federal Reserve Chairwoman Janet Yellen on Monday to discuss the long-term outlook for the American economy and the global recovery, a White House official said. The meeting comes amid ...