American and foreign manufacturers alike are investing billions of dollars all across the United States, as the world’s most competitive economy shows tantalizing signs of recovery. Rising labor costs in other parts of the world means reshoring is gathering pace.
The Turkish banking sector’s prospects are bright, driven by innovation and torrid credit expansion. Mergers and acquisitions remain vibrant, and the nation’s mobile technology provides a shining global example. But the financial tea leaves aren’t altogether reassuring.
Is Basel III to blame for the $425 billion shortfall in trade finance in developing Asia? Some observers think so, but others say trade finance needs to go back to basics.
COUNTRY REPORT Despite the change of leadership Qatar has undergone, the new emir is expected to follow his father’s lead, building on the country’s early economic gains by diversifying beyond oil and gas.
Myanmar may be the last frontier market in Asia, but investors remain cautiously optimistic, and the economic transition will need to be delicately handled.
ANNUAL SURVEY — STANDING OUT FROM THE CROWD By Adam Rombel In the second of a two-part series, Global Finance recognizes the best corporate/institutional and consumer Internet banks globally and in six regions, as well as an overall winner. For ...
Global Finance presents its annual listing of the biggest Banks in the Emerging Markets.
Global Finance presents its annual ranking of the Top 50 Safest Banks in the Emerging Markets.
Presenting the winners of the Global Finance Best Risk Management Providers 2013.
Global Finance held its 17th annual Best Bank Awards ceremony recently at Washington’s National Press Club.
GLOBAL RISK MANAGEMENT — BANKS, PLATFORMS VIE FOR CONTROL By Gordon Platt Global Finance presents its annual awards highlighting the best global derivatives providers. Four large commercial banks account for 93% of the total US banking industry’s notional amounts of ...
In November, Global Finance held its 10th annual Best Internet Bank Awards dinner at New York’s Harvard Club.
Global Finance sat down with John Alan James, executive director, Pace University Center for Global Governance, Reporting & Regulation. James’s distinguished career in management consulting, governance and academia spans 25 years in Europe and more than 20 years in Asia.
Emerging Markets Issue
Twelve months is a long time in financial markets, and the phenomenon of globalization appears to have reached a fork in the road, with growth in emerging markets looking challenged. Is the globalization frenzy coming to an end?
While Central Europe appears to be recovering from the effects of the global economic downturn, Southeastern Europe is in for a rougher ride.
The prospect of US Fed “tapering” is still taking its toll on Indonesia and India, as both nations face mounting deficits and international pressure for structural reform.
EMERGING MARKETS REGIONAL REVIEW Latin America may be experiencing its worst slowdown in economic growth since the global financial crisis, but there are some bright spots for investors willing to play a long game. While some analysts had predicted 2014 ...
Oil may be the liquid that drives many of the economies in the Middle East, but the spread of the Internet has unleashed a new generation of tech-entrepreneurs and start-ups, fueling hopes of a non-oil economy for the future.
Africa continues to outperform other emerging markets, but not all of its 54 countries are moving at the same pace when it comes to political, economic and social developments.
Global energy markets are attending closely to recent natural gas discoveries in the eastern Mediterranean and their implications for the availability and pricing of energy resources.
Saddled with debt of $70 billion, Puerto Rico’s government is doing its best to reassure US investors that it will honor its financial commitments and that its beleaguered finances will be remedied.
The Reserve Bank of India wants foreign banks operating in India to convert into wholly-owned subsidiaries and enjoy “near-national” treatment.
North Korea has taken modest steps in recent weeks to liberalize its economy by introducing new special economic zones (SEZs), loosening currency exchange restrictions and strengthening foreign trade relationships.
Despite recurrent anti-government protests and corruption scandals, Slovenia, the tiny Adriatic republic of just over two million, ranks as the 24th-most-prosperous country in the world, according to the annual Legatum Institute Prosperity Index, which ranks 142 countries by criteria like entrepreneurship and opportunity and personal freedom as well as economy.
As African countries increasingly appear on investors’ radars, the world’s newest country, South Sudan, is forging ahead with its drive to attract foreign investment.
On October 29, a little piece of history was made when the UK finally announced it would become the first Western country to issue a sovereign sukuk, or Islamic bond.
The major emerging markets are attracting renewed interest from investors. The uptick comes at a time when companies from these fast-developing countries need capital to grow and are turning to depositary receipts to tap into the deeper capital markets in the developed world.
CORPORATE FINANCING NEWS The outlook for the euro has worsened, following a slowdown in inflation in the eurozone to the lowest level in nearly four years. The European Central Bank cut its benchmark rate to a record low of ...
CORPORATE FINANCING NEWS High-yield corporate bond issuance and trading have slowed considerably in the face of uncertainty about Federal Reserve monetary policy, at a time when chairman Ben Bernanke is about to hand over the reins to Janet Yellen, ...
Telecommunications was the most active industry sector for mergers and acquisitions during the first nine months of 2013 and remained active in October.
When Apple announced back in October that it had hired Burberry CEO Angela Ahrendts to lead its retail operations, the initial shock among analysts and investors wore off quickly. Though it was a surprise move, it made perfect sense.
John Chen, 58, is taking over as the interim CEO of BlackBerry, the Canadian mobile-phone company that only four years ago was one of the fastest-growing technology companies in North America and is now fighting for survival. But what he can achieve there is anybody’s guess.
As third-quarter profits plunged 44%, US heavy equipment-manufacturer Caterpillar slashed its 2013 profit forecast for the third quarter in a row. Caterpillar is being hit with lower demand in nearly all its major business sectors, but about three-quarters of the drop in sales were the result of lower sales of mining equipment.
Over the past year, Georgia has undergone a major political face-lift. Since the Georgian Dream coalition, led by billionaire businessman Bidzina Ivanishvili, won parliamentary elections in October 2012, a cadre of relatively young and inexperienced politicians has risen to the government’s top posts.
The wheel has turned full circle for industry doyen and chairman emeritus of the $110 billion Tata Group, Ratan Tata. His dream of more than five decades to return to the Indian skies through a fully-fledged airline business is set to come true.
In a widely anticipated cabinet reshuffle at the end of October, Peruvian president Ollanta Humala appointed 67-year-old Cesar Villanueva the country’s new prime minister, the fourth of his four-year term.
Doing Business: Who Improved The Most In 2012/13 “In 2012/13, 29 economies implemented three or more reforms improving their business regulatory systems as measured by Doing Business. Ten stand out as having narrowed the distance to frontier the most. Together, ...