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Cover Story

Looking ahead: shifting sands

Shifting Sands Global Finance takes a long, hard look at the prospects for the coming decade. By Dan Keeler The first decade of the 21st century began with the spectacular and painful collapse of the dot-com bubble and ended in ...

Cover Story: A Wide Open World

A WIDE OPEN WORLD As new technologies help individuals gain greater access to information and data, how they use it will change the corporate and financial worlds forever. To stay ahead of the pack, firms must change the way they ...

Cover Story: Building Boom

Building Boom A much needed explosion in infrastructure spending is already under way in both developed and emerging markets. By Gordon Platt The world’s infrastructure will change dramatically in the decade ahead as a result of trends already in place, ...

Cover Story: Credit Where It’s Due

Credit Where It’s Due As governments around the world contemplate reeling in the financial lifelines that helped them prevent a global systemic meltdown, the prospects for credit growth in the coming decade are still unclear. By Antonio Guerrero While a ...

Cover Story: When Two Worlds Collide

ISLAMIC FINANCING Islamic finance is set to become one of the defining phenomena of the coming decade. Some are concerned, though, that the surge of growth may compromise the strict principles on which it is founded. By Anita Hawser Ted ...

Features

Emerging Markets Roundup

Looking ahead: shifting sands

Shifting Sands Global Finance takes a long, hard look at the prospects for the coming decade. By Dan Keeler The first decade of the 21st century began with the spectacular and painful collapse of the dot-com bubble and ended in ...

Cover Story: Building Boom

Building Boom A much needed explosion in infrastructure spending is already under way in both developed and emerging markets. By Gordon Platt The world’s infrastructure will change dramatically in the decade ahead as a result of trends already in place, ...

Cover Story: Credit Where It’s Due

Credit Where It’s Due As governments around the world contemplate reeling in the financial lifelines that helped them prevent a global systemic meltdown, the prospects for credit growth in the coming decade are still unclear. By Antonio Guerrero While a ...

Editor's Letter: Welcome To The Future

One year ago, as we looked ahead to 2009, the financial world was a bleak place. In the depths of the credit crunch, one of the most crucial elements of global business—trust—had all but evaporated...

Corporate Finance: Global Equity/DRs

Emerging Markets Take IPO Lead Role By Gordon Platt Companies based in China and Brazil led a global rebound in initial public offerings in the second half of 2009, and emerging markets are likely to continue to lead the IPO ...

The new world powers

THE NEW WORLD POWERS The coming decade will witness a fundamental rebalancing of economic power, setting the stage for this to become the Asian Century. By Harold L. Sirkin It is clear to almost everyone that the center of economic ...

Emerging Markets: Africa

Roundup By Antonio Guerrero Game on: South Africa prepares for the 2010 World Cup This year’s FIFA Soccer World Cup in South Africa will inject nearly $7.5 billion into the nation’s economy, according to a study by the auditing firm ...

Emerging Markets: Brazil

Roundup By Antonio Guerrero Itaipu: Hydro plant blamed for near-nationwide blackout Banco do Brasil, controlled by the federal government, may seek up to $4.4 billion in primary and secondary share offerings during the first half of the year, according to ...

Emerging Markets: China

Roundup By Thomas Clouse Racing ahead: Incentives are helping drive record Chinese auto sales China’s real estate market continued to heat up in November, with housing prices in 70 large and medium-size cities rising 5.7% year on year, up from ...

Emerging Markets: DR News

Banco do Brasil Establishes OTC-Traded DR Program By GP Banco do Brasil, one of the biggest banks in Latin America, has established an American depositary receipt program in the over-the-counter market. It selected BNY Mellon as depositary for the sponsored ...

Emerging Markets: India

Roundup By Aaron Chaze Not for sale: India’s farmers are resisting land acquisitions India’s government is forging ahead with its privatization program and has asked various ministries for a list of companies that could be considered for disinvestment— either by ...

Emerging Markets: Middle East

Roundup By Gordon Platt Dubai International Financial Center: Turmoil casts doubt over future The repercussions from the debt-standstill by investment company Dubai World will be felt for months, if not years, to come. Moody’s Investors Service on December 10 downgraded ...

Emerging Markets: News

M&A; Wave Could Lift Asian Markets In 2010 By Gordon Platt Increased merger and acquisition activity is likely to be the next driver of growth in many Asian markets, says Jason Pidcock, investment leader, Asia-Pacific equities, for Newton, a London-based ...

Emerging Markets: Russia

Roundup By Kim Iskyan Medvedev : Budget focuses on short-term measures The long-anticipated IPO of Russian aluminum producer Rusal was delayed until the first half of 2010 after the Hong Kong stock exchange declined to approve the controversial issue. Listing ...

The World's Best Foreign Exchange Providers

Corporate Finance

Corporate Finance: Corporate Debt

CORPORATE FINANCING NEWS — CORPORATE DEBT HUNT FOR YIELD TO CONTINUE IN 2010 By Gordon Platt Investors will continue to seek higher returns than will be available on treasury notes and bonds in 2010, providing good demand for corporate debt ...

Corporate Finance: Foreign Exchange

Corporate Finance Focus Foreign Exchange Prime Brokerage Adapts To Changed Landscape In Post-Crisis World By Gordon Platt Before the global financial crisis hit, prime brokerage had become one of the fastestgrowing products in the foreign exchange market. The service enables ...

Corporate Finance: Global Equity/DRs

Emerging Markets Take IPO Lead Role By Gordon Platt Companies based in China and Brazil led a global rebound in initial public offerings in the second half of 2009, and emerging markets are likely to continue to lead the IPO ...

Corporate Finance: Mergers & Acquisitions

Taiwan Emerges As Tech M&A; Hot Spot By Gordon Platt In the biggest merger ever in Taiwan, liquid crystal display (LCD) monitor maker Innolux Display agreed in November to acquire Chi Mei Optoelectronics, which makes LCD panels for televisions. The ...

Newsmakers

Newsmakers: Anti-Corruption Drive Goes Away

Indonesia By Thomas Clouse Yudhoyono: Two key aides fall under suspicion Tens of thousands of protestors took to the streets in cities across Indonesia on December 9 to urge the government to do more to fight corruption. The protests marked ...

Newsmakers: Crisis Takes Toll On Mexico’s Ratings

Mexico By Antonio Guerrero Calderón: Reform agenda is in danger of stalling Analysts had for months warned of an impending Mexico downgrade. When it finally came, it did so in the form of a one-two punch. In November Fitch cut ...

Newsmakers: EU Takes Gloomy View On Growth

Europe By Justin Keay Torres: Green and digital technologies may fill growth gap With the most serious global recession since the 1930s slowly coming to an end, European policymakers are now focusing on the post-crisis landscape. The view isn’t pretty. ...

Newsmakers: Europe Lags Behind In IPO Market Recovery

Europe By Laurence Neville Drying up? Investors may shun European IPOs After months of increasing excitement among equity capital market (ECM) bankers about the prospects of a bumper first quarter of IPO issuance in Europe in 2010, events in December ...

Newsmakers: Global Finance Charity Partner Extends Healthcare Reach

India/Global By Dan Keeler Children at Manjushree line up for vaccinations While the financial world has been embroiled for the past two years in the global crisis, Global Finance’s charity partner, Amrit Davaa, has been making tremendous progress in its ...

Newsmakers: Volcker Chides Bankers For Resisting Reforms

United States/United Kingdom By Gordon Platt Volcker: Promoting a more conservative banking model The legendary Paul Volcker, the 6-feet, 7-inches tall former chairman of the Federal Reserve who slew the inflation dragon in the early 1980s, is not afraid to ...

Additional Stories

Banks under fire

Tomorrow’s Battleground For Banks Banks and regulators worldwide are starting the new decade at loggerheads, but signs are slowly beginning to emerge that point to the future shape of regulation. By Nick Kochan Banks are on the back foot as ...

The Dollar’s decline

The Dollar’s Decline A weak dollar may be beneficial to the US in the short term, but it is undermining the dollar’s long-term status as the de facto global currency. By Laurence Neville One of the rocks on which the ...

Sponsored Interview: American Express Corporate Services

Sponsored Interview: American Express Corporate Services American Express' commercial card business handles travel, entertainment and purchasing spend of large corporations and mid-size companies. Global Finance spoke with Sanjay Rishi, executive vice president, US Commercial Card, American Express, about the increasing ...