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

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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

China Manufacturing Falls to Five Month Low -- Update

By William Kazer BEIJING-A gauge of China's manufacturing activity fell to a five-month low in October, despite a series of government support measures aimed at aiding growth, suggesting that more help may be needed to boost the world's second largest ...

China October Official Manufacturing PMI Falls to 50.8

BEIJING--A key gauge of China's manufacturing fell to a five-month low in October, official data showed Saturday, suggesting economic growth remains constrained. China's official manufacturing Purchasing Managers Index dropped to 50.8 in October from 51.1 in September, the China Federation ...

Germany Plans to End Autobahn's Free Ride With Toll

By Anton Troianovski BERLIN--The world's most celebrated highway system could soon be free no more. Chancellor Angela Merkel's government this past week unveiled plans to charge tolls for passenger cars on Germany's autobahn, as many other European highways already do. ...