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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

Dollar Climbs to Near 7-Year High Against Yen

By James Ramage The yen collapsed against the dollar and other currencies Friday after the Bank of Japan surprised markets by increasing its monthly asset purchases in an effort to boost the economy. The dollar rocketed to Yen112.48, the highest ...

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 ...