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Cover Story

Cover Story: Global Finance EM 200

THE BIGGEST EMERGING MARKET BANKS Global Finance unveils its second annual league table of the biggest emerging market banks ranked by total assets. By Dan Keeler As the world’s key emerging markets continue to drive the global economy out of ...

Cover Story: A Long Way To Go

EMERGING MARKETS FOCUS: CENTRAL & EASTERN EUROPE For most Central and Eastern European countries, 2009 turned out to be every bit as bad as expected. The region’s prospects for the coming year are mixed, at best. By Justin Keay In ...

Cover Story: Africa Leads The Way To A New Era

EMERGING MARKETS FOCUS: AFRICA Africa’s economic development will be fueled more by its relationships with other emerging markets than with historical partners in the West. By Anita Hawser For hundreds of years Africa has represented a land of opportunity for ...

Cover Story: Opportunity Knocks

Emerging Markets Focus: Latin America Much of Latin America is reaping the benefits of a rapid growth in China’s involvement in the region. Booming trade levels are changing some key global market dynamics. By Antonio Guerrero As the skies begin ...

Emerging Markets Come Of Age

EMERGING MARKETS FOCUS Emerging markets are leading global growth, and they are doing so by relying increasingly on domestic demand. By Gordon Platt The big question global investors and economists are asking about the sharp rebound in many emerging markets ...

Emerging Markets Roundup

Cover Story: Global Finance EM 200

THE BIGGEST EMERGING MARKET BANKS Global Finance unveils its second annual league table of the biggest emerging market banks ranked by total assets. By Dan Keeler As the world’s key emerging markets continue to drive the global economy out of ...

Cover Story: A Long Way To Go

EMERGING MARKETS FOCUS: CENTRAL & EASTERN EUROPE For most Central and Eastern European countries, 2009 turned out to be every bit as bad as expected. The region’s prospects for the coming year are mixed, at best. By Justin Keay In ...

Cover Story: Africa Leads The Way To A New Era

EMERGING MARKETS FOCUS: AFRICA Africa’s economic development will be fueled more by its relationships with other emerging markets than with historical partners in the West. By Anita Hawser For hundreds of years Africa has represented a land of opportunity for ...

Cover Story: Opportunity Knocks

Emerging Markets Focus: Latin America Much of Latin America is reaping the benefits of a rapid growth in China’s involvement in the region. Booming trade levels are changing some key global market dynamics. By Antonio Guerrero As the skies begin ...

Emerging Markets Come Of Age

EMERGING MARKETS FOCUS Emerging markets are leading global growth, and they are doing so by relying increasingly on domestic demand. By Gordon Platt The big question global investors and economists are asking about the sharp rebound in many emerging markets ...

Corporate Finance: Foreign Exchange

Dollar’s Recovery Linked To Timing Of Fed Rate Hike By Gordon Platt Foreign exchange market analysts expect the dollar to turn higher sometime in 2010, but whether the turning point comes early or late in the year could very well ...

Corporate Finance: Global Equity/DRs

Outlook Improves For Capital Raising Using Depositary Receipts In 2010 By Gordon Platt Like initial public offerings, the amount of equity capital raised using depositary receipts dried up during the global financial crisis, but there has been a flood of ...

Corporate Finance: Mergers & Acquisitions

Emerging Markets Deals Gain Prominence By Gordon Platt Warren Buffett’s $34 billion investment in Burlington Northern Santa Fe, the second-biggest railroad in the US, was a big bet on the future of the US economy, but major deals in emerging ...

Emerging Markets: Company to Watch: Falabella/Chile

Retailer Aims To Cash In On Latin America’s Growth By GP With its network of department stores, home-improvement centers, supermarkets and consumer banks, Falabella is one of the leading diversified retailers in Latin America. It is teaming up with smaller ...

Emerging Markets: DR News

Israel’s Delek Group Creates Sponsored ADR Program By GP Delek Group, one of Israel’s largest companies, introduced a sponsored American depositary receipt program on the OTCQX, the highest tier of the OTC market for companies listed on a non-US exchange ...

Emerging Markets: Africa

Roundup By Antonio Guerrero Panning for gold: African mines spark investor interest Rising gold prices have sparked renewed interest by foreign investors in African mines. Banro, a Canadian gold miner, expects to close a debt financing deal for its Twangiza ...

Emerging Markets: Brazil

Roundup By Antonio Guerrero Too strong: Authorities fret over appreciation of Brazilian real The Brazilian government took the controversial step of reintroducing a 2% financial transactions tax on purchases of stocks and bonds by foreign investors that had been eliminated ...

Emerging Markets: China

Roundup By Thomas Clouse Open market: China’s Nasdaq-style GEM opens for business China’s economy will grow by 8.4% this year, according to World Bank estimates, and by 8.7% in 2010. The World Bank projected 2009 growth of 7.2% for China’s ...

Emerging Markets: India

Roundup By Aaron Chaze Poor transport infrastructure weighs on India’s competitiveness The Indian government’s privatization program has received a shot in the arm after the Cabinet Committee on Economic Affairs (CCEA) gave the green light to a proposal to allow ...

Emerging Markets: Middle East

Roundup By Gordon Platt ExxonMobil is first US company to win Iraq oil contract A joint venture of ExxonMobil and Royal Dutch Shell has clinched a $50 billion deal to develop one of Iraq’s biggest oil fields, the West Qurna ...

Emerging Markets: News

Year-End Rebalancing May Aid Bond Funds By Gordon Platt Emerging market bonds could attract significant inflows from fund managers in the year-end period, as money is redirected from safe but low-yielding investments into riskier assets, assuming that the global economic ...

Emerging Markets: Russia

Roundup By Kim Iskyan Avtovaz: Struggling to survive in market downturn Russian government officials have sounded increasingly optimistic notes about the country’s macroeconomic situation, as strong oil prices are likely to result in a lower budget deficit than originally forecast ...

The World's Best Internet Banks - Part 2

World’s Best Internet Banks Part II

BANKS DEVELOP SOCIAL SKILLS In the second of a two-part series, Global Finance identifies the best global and regional Internet banks. By Adam Rombel Not many of the headlines about the global banking industry in the past year have been ...

Milestones

Milestones: Panama Poised For Investment-Grade Status

Panama By Antonio Guerrero Providing a lift: Canal expansion will boost Panama economy Panama is poised to become Latin America’s newest investment-grade-rated country. Standard & Poor’s pushed Panama closer to the coveted rating in November when it raised the outlook ...

Corporate Finance

Corporate Finance: Corporate Debt

Credit Market Recovery Stays Alive By Gordon Platt Corporate bond issuance worldwide passed the $2.5 trillion milestone for the year to date in October, and credit quality improved, as the record rally in the credit markets rolled along. Standard & ...

Corporate Finance: Foreign Exchange

Dollar’s Recovery Linked To Timing Of Fed Rate Hike By Gordon Platt Foreign exchange market analysts expect the dollar to turn higher sometime in 2010, but whether the turning point comes early or late in the year could very well ...

Corporate Finance: Global Equity/DRs

Outlook Improves For Capital Raising Using Depositary Receipts In 2010 By Gordon Platt Like initial public offerings, the amount of equity capital raised using depositary receipts dried up during the global financial crisis, but there has been a flood of ...

Corporate Finance: Mergers & Acquisitions

Emerging Markets Deals Gain Prominence By Gordon Platt Warren Buffett’s $34 billion investment in Burlington Northern Santa Fe, the second-biggest railroad in the US, was a big bet on the future of the US economy, but major deals in emerging ...

Newsmakers

Newsmakers: New Premier Charts A Difficult Course

Japan By Thomas Clouse Hatoyama: Tough decision will be made a little easier with news of recent economic growth Japanese prime minister Yukio Hatoyama and his Democratic Party of Japan (DPJ) swept into office in September with pledges to reduce ...

Newsmakers: Rusal Flotation Struggles Amid Turbulence

Russia By Kim Iskyan Heavy burden: Deripaska’s empire is weighed down with debt Oleg Deripaska’s plans to float Rusal, the world’s largest aluminum company, in a December IPO are facing serious turbulence. The company, according to some metals analysts, is ...

Newsmakers: Senator Seeks To Rein In Fed’s Authority

United States By Gordon Platt Dodd: Taking direct aim at Fed’s supervisory role The chairman of the Senate banking committee, Connecticut Democrat Christopher Dodd, has taken dead aim at the Federal Reserve’s authority to supervise banks in what could be ...

Additional Stories

Crisis Prompts Creative Solutions

Crisis Prompts Creative Solutions Businesses are demanding more integration, efficiency and liquidity from their trade finance providers. The trade finance space will never be the same. By Denise Bedell The recent global financial crisis brought many changes to the world ...

Technology: Cloud Computing

CLOUD COMPUTING Businesses looking for cost-effective data and IT infrastructure solutions are increasingly finding the answer is in the cloud. by Anita Hawser History is littered with examples of technologies that were hyped by analysts, but when it came to ...