Magazine Cover

Cover Story

Cover Story : Corporate Social Responsibility

A QUESTION OF PRINCIPLES

As corporate responsibility becomes a staple corporate tool, it is easier than ever for corporations to live by principles they can be proud of. The cost of failing to act responsibly is rising, too.
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Pity the ...

Emerging Markets Roundup

Features : Open Season

STARS OF THE NEW RUSSIA

Russia’s attempts to broaden its economic base away from a resource-driven model are proving as profitable as they are successful.

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Russia is becoming more authoritative, there is considerable uncertainty over who will be the ...

Features : Banking On The Future

ROUNDTABLE / TURKEY

At a recent roundtable in Istanbul, Global Finance brought together a group of leading figures in the Turkish banking industry to discuss the key issues facing this rapidly developing and growing economy.

GLOBAL FINANCE: Does geopolitical shock potentially ...

Features : The Bank of New York

GLOBAL CUSTODY
BUYER’S GUIDE
Global Finance presents its annual sponsored guide to the leading providers in the global custody market.


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Custody assets:

2006: $13 trillion
2005: $10.9 trillion

Ratings: (long-term deposits) Moody’s Aa2, S&P; AA-, Fitch ...

Features : The New Arab Economies

THE MIDDLE EAST

Economic reforms are spurring a flood of private sector investment that is helping to put the region’s liquidity to productive use.




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The Manhattan skyline that erupted from the desert flatlands of Dubai is a symbol of ...

Corporate Finance : Digicel Bonds Set Caribbean Record

CORPORATE FINANCING NEWS / CORPORATE DEBT


Jamaica-based Digicel placed $1.4 billion of high-yield bonds with institutional investors in an innovative financing to take the fastest-growing mobile phone operator in the Caribbean private.

Irish billionaire Denis O’Brien, founder and chairman ...

Emerging Markets : Saudi Stocks Bounce Back

NEWS


The volatile Saudi Arabian stock market, which lost 50% of its value in a steep correction in 2006, has staged a strong recovery, helped by rising oil prices and investor demand for financial issues. MSCI Barra, which launched equity ...

Emerging Markets : Brazil’s Ethanol Wave Fueled By Higher Oil Prices

BRAZIL

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New fields: Increasing
demand for biofuels
is fueling investment
in Brazil's ethanol
sector.

Higher oil prices continue to boost demand for biofuels, making Brazil’s ethanol sector a prime investment target. While annual global ethanol exports total some ...

Emerging Markets : India Confronts Growing Inflation

INDIA

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India's petrochemicals industry is set to get bigger with the announced merger between Reliance Industries and Indian Petrochemicals Corp.

As the Indian economy marches strongly toward an annual 10% GDP growth rate, its inadequate infrastructure is beginning to ...

Emerging Markets : Investors Guzzle Juice Maker’s Ipo

COMPANY TO WATCH: CHINA HUIYUAN JUICE/CHINA


China Huiyuan Juice, based in Beijing, raised more than $300 million in an initial public offering in Hong Kong in late February, and its shares soared 66% in their first day of trading ...

Emerging Markets : Investors Welcome Unified Tax Rates

CHINA

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People power: This year's congress loosened rules on owning property

China’s National People’s Congress, which held its annual meeting in Beijing from March 5 through March 16, produced several groundbreaking new policies, among them a law ...

Features

Features : Open Season

STARS OF THE NEW RUSSIA

Russia’s attempts to broaden its economic base away from a resource-driven model are proving as profitable as they are successful.

features2
Russia is becoming more authoritative, there is considerable uncertainty over who will be the ...

Features : Banking On The Future

ROUNDTABLE / TURKEY

At a recent roundtable in Istanbul, Global Finance brought together a group of leading figures in the Turkish banking industry to discuss the key issues facing this rapidly developing and growing economy.

GLOBAL FINANCE: Does geopolitical shock potentially ...

Features : Best developed market banks

Global Finance unveils its annual list of the best banks in developed markets around the world


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The past year has been one of staggering growth for the world’s top developed market banks. And while profits and revenues are breaking ...

Features : Best Developed Market Banks

ANNUAL SURVEY

Global Finance unveils its annual list of the best banks in developed markets around the world.


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There are barely enough superlatives in the dictionary to describe the financial performance of the world’s best developed market banks. These ...

Features : Breaking Out

FOCUS / INDIA INC.

India’s biggest corporations are spreading their wings and becoming truly global organizations.


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Mittal Grandeur promises to be Mumbai's newest landmark. It is being built on the grounds of Taraporevala Mansion, a heritage structure.

When he ...

Features : The Bank of New York

GLOBAL CUSTODY
BUYER’S GUIDE
Global Finance presents its annual sponsored guide to the leading providers in the global custody market.


features_gc01
Custody assets:

2006: $13 trillion
2005: $10.9 trillion

Ratings: (long-term deposits) Moody’s Aa2, S&P; AA-, Fitch ...

Features : The New Arab Economies

THE MIDDLE EAST

Economic reforms are spurring a flood of private sector investment that is helping to put the region’s liquidity to productive use.




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The Manhattan skyline that erupted from the desert flatlands of Dubai is a symbol of ...

Features : Walking A Tightrope

COUNTRY REPORT / THE PHILIPPINES

Shrugging off political uncertainty and a rising currency, the Philippine economy is enjoying steady growth. Plenty of pitfalls remain, however.


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Arroyo: Under pressure

Philippine politics is rarely dull, and 2007 is likely to be no different ...

Corporate Finance

Cover Story : Corporate Social Responsibility

A QUESTION OF PRINCIPLES

As corporate responsibility becomes a staple corporate tool, it is easier than ever for corporations to live by principles they can be proud of. The cost of failing to act responsibly is rising, too.
coverstory1
Pity the ...

Corporate Finance : Carry Trades Unwind With A Vengeance

FOREIGN EXCHANGE


The apparent cause of the turmoil in global equity markets and emerging market currencies that began in late February was China’s crackdown on unauthorized stock trading, which triggered an 8.8% decline in the Shanghai stock market ...

Corporate Finance : Digicel Bonds Set Caribbean Record

CORPORATE FINANCING NEWS / CORPORATE DEBT


Jamaica-based Digicel placed $1.4 billion of high-yield bonds with institutional investors in an innovative financing to take the fastest-growing mobile phone operator in the Caribbean private.

Irish billionaire Denis O’Brien, founder and chairman ...

Corporate Finance : Is Private Equity Going Green?

MERGERS & ACQUISITIONS


An investor group led by private equity firms Kohlberg Kravis Roberts (KKR) and Texas Pacific Group definitively agreed to acquire Dallas-based power company TXU for $32 billion in the biggest leveraged buyout in history.

To help win approval ...

Newsmakers

Newsmakers : In The Hot Seat

COLOMBIA

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Zuluaga: Colombia
will have to live
with a strong
currency

Oscar Iván Zuluaga, who took over as Colombia’s new finance minister in March, faces important challenges ahead. Among these will be the need to guide the nation’s ...

Newsmakers : New Book Sheds Light On Chinese Banking Industry

CHINA

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Kuhn: China
welcomes scrutiny

China has long attracted Western investors with its promise of newfound riches and a recently liberalized economy seeking foreign know-how and investment. Yet anyone who has done business in the country knows that, despite WTO ...

Best Developed Market Banks

Features : Best developed market banks

Global Finance unveils its annual list of the best banks in developed markets around the world


fe_note03_foto01
The past year has been one of staggering growth for the world’s top developed market banks. And while profits and revenues are breaking ...

Features : Best Developed Market Banks

ANNUAL SURVEY

Global Finance unveils its annual list of the best banks in developed markets around the world.


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There are barely enough superlatives in the dictionary to describe the financial performance of the world’s best developed market banks. These ...

Additional Stories

Special Report : Competition Heats Up In Banking And Finance

THE MIDDLE EAST

Dramatic growth in many of the Middle East’s economies is prompting a sharp rise in competition in the region’s financial services industry.

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The Qatar Financial Center Authority last month moved into its sleek, new 20-story ...

Special Report : Reliance Grows On Private Sector

RELIANCE GROWS ON PRIVATE SECTOR
THE MIDDLE EAST


The nations of the Middle East are increasingly looking to the private sector to help build crucial infrastructure projects.

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In Jordan, a light railway will link the capital with Zarqa

As the ...