Corporate Finance | Global Finance

The euro fell to a four-year low in early June, dropping to within a whisker of its 1999 introductory rate of $1.18, before suddenly bouncing higher in thin trading conditions as the summer doldrums neared.

Agricultural Bank of China (AgBank) began marketing operations last month for what could be the biggest initial public offering in history, despite turbulent market conditions that caused a raft of companies to scrap plans for IPOs in Hong Kong.

Europe's seemingly intractable sovereign debt crisis has triggered a flight to safety among investors, who are shunning bonds of lower-rated companies despite some very attractive yields in a low-inflation environment.

Consolidation in the US airline and global telecom industries has kept merger activity strong in the past few months.

The People’s Bank of China last month announced that it would allow the renminbi to trade more flexibly, bringing an end to the currency’s two-year-old peg to the dollar.

The Egyptian Exchange, one of the more active stock exchanges in the Middle East and North Africa (MENA) region, has begun trading Egyptian Depositary Receipts (EDRs).

Sasol is a prime example of a successful multinational company based in South Africa, where it mines coal to provide the raw material to produce synthetic fuels and chemicals.