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Features

Special Report: BRICs

Shifting Trade Flows And The New Consumer   By Dan Keeler   Fast-growing trade between BRIC countries has been fueled by an expanding middle class. Western rivals face stiff local and regional competition in building emerging markets growth.   A ...

TCM Focus: Corporate Payments

CARD TRICKS   By Denise Bedell   Advanced card solutions are helping companies extend working capital cycles while improving suppliers' cash flow.   The drive to automate payments has been a long-term trend, pushed further by the global financial crisis ...

Award Winners

Awards: Best Trade Finance Banks 2012

ANNUAL SURVEY AND AWARDS: LIQUIDITY AND REGULATIONS SQUEEZE TRADE FINANCE   By Gordon Platt   The global economy is threatened by a shortage of financing for international trade, as banks reassess their business models.   The availability and cost of ...

Emerging Markets Roundup

Company To Watch: Yandex / Russia

'RUSSIAN GOOGLE' BUYS SOFTWARE FIRM TO BOOST MOBILE OFFERINGS   By Gordon Platt   Yandex, the leading Internet search engine in Russia, with a 63% market share, purchased SPB Software last November to increase its mobile services.   Yandex has ...

EM News: New ‘Tigers’ Will Dominate Economic Growth

EMERGING MARKETS INVESTOR: NEWS   By Gordon Platt   The BRIC countries—Brazil, Russia, India and China—now contribute more than half of the world's economic growth, while the broader emerging markets provide more than 70% of current global growth.   Growth ...

Emerging Markets Roundup: Africa

NIGERIA BUILDS BIOFUEL CAPACITY AS ZIMBABWE BRACES FOR ENERGY SHORTAGE   By Antonio Guerrero   The Nigerian government has signed a memorandum of understanding with Global Biofuels, a Nigerian biofuels producer, for the construction of 15 integrated biofuels refineries at ...

Global Salon

Global Salon: Ian Bremmer, Eurasia

NO HAND AT THE HELM   By Paula Green   As part of its Salon series, Global Finance sat down on January 11 with Ian Bremmer, president and founder of political risk analysis firm Eurasia Group, to discuss increasing geopolitical ...

Country Report

Milestones

Corporate Finance

Debt: Ford Motor Credit, GE

CORPORATE FINANCING NEWS: CORPORATE DEBT   By Gordon Platt   Ford Motor Credit, the finance arm of the second-largest US automaker, and General Electric, the world's biggest maker of diesel locomotives and jet engines, were first out of the gate ...

DRs: Depositary Receipt Pipeline Full

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS   By Gordon Platt   Depositary receipt investors pushed trading to a record high last year, demonstrating the continued popularity of DRs, despite challenging market conditions.   While the amount of capital raised by corporate ...

FX: Dollar Looks Good Versus Euro

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The Japanese yen will hold its own as a safe-haven currency in 2012, while the dollar will be less ugly than the euro, analysts forecast. Based on relative economic growth and expected ...

Newsmakers

Hildebrand Out At SNB After Wife’s FX Trading Binge

NEWSMAKERS: SWITZERLAND   By Valentina Pasquali   In the midst of Europe's sovereign debt crisis, a scandal hit the beleaguered continent's financial system in January.   Hildebrand forced out of Swiss Central Bank role The head of Switzerland's central bank, ...

Mezouar Takes His Post As Opposition Leader

NEWSMAKERS: MOROCCO   By Michael Shari   Minister until recently in the reigning government's cabinet in Morocco, Salaheddine Mezouar is now the official leader of the opposition party in the country's parliament.   Making his vote count: As opposition leader, ...

Passera Faces Tough Job To Win Over Italian Parliament

NEWSMAKERS: ITALY   By Paula Green   Ready or not, as minister of economic development, infrastructure and transport for the newly-formed government of prime minister Mario Monti, Italian banker-turned-bureaucrat Corrado Passera will be honing his political skills this year.   ...