Magazine Cover

Cover Story

Fear Factor

COVER STORY: THE NEW RISKS By Laurence Neville Last year the global economy dodged some scary-looking bullets. This year it might not be so lucky. As volatile and unnerving as it was, 2010 provided a welcome respite from the turmoil ...

Emerging Markets Roundup

Fear Factor

COVER STORY: THE NEW RISKS By Laurence Neville Last year the global economy dodged some scary-looking bullets. This year it might not be so lucky. As volatile and unnerving as it was, 2010 provided a welcome respite from the turmoil ...

UK: Businesses Brace For Bribery Crackdown

NEWSMAKERS: UK By Anita Awser High risk: UK bribery law will affect companies worldwide In a sign that regulators are clamping down on bribery and corruption in international business, from April 2011 the UK will implement what legal experts are ...

DRs: BRIC Countries To Lead DRs in 2011

CORPORATE FINANCING NEWS — GLOBAL EQUITY/DRS: CORPORATE FINANCE FOCUS By Gordon Platt Coming off the bailout of Ireland, and with several other European countries denying they need outside help, the outlook for the financial markets in 2011 is somewhat clouded, ...

M&A: Deal Activity To Pick Up In 2011

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS By Gordon Platt There will be a substantial increase in mergers and acquisitions in 2011, following a relatively flat year for M&A; in 2010, as companies have plenty of cash to spend on strategic ...

Biggest Emerging Market Banks 2010

ANNUAL SURVEY: EM 200 By Dan Keeler Regional powerhouses in Asia and Latin America continue to build their presence as their markets recover strongly from the global recession. While much of the developed world continues to wrestle with the debilitating ...

Demand For Hedging Surges

FOCUS: COMMODITY RISK By Michael Shari Renewed turmoil in Europe, supply shortages and the growing impact of financial investors are driving renewed demand for commodities hedging. For most of 2010, producers and consumers of many commodities had little or no ...

DR News: Taiwanese Firms Eye ADR Platform

EMERGING MARKETS INVESTOR: DR NEWS By Gordon Platt Companies based in Taiwan that already have global depositary receipt (GDR) programs will explore establishing new Level 1 American depositary receipt (ADR) programs over the next 18 months, according to BNY Mellon. ...

Emerging Markets Roundup: Africa

ROUNDUP: AFRICA By Antonio Guerrero Electricity goes private Nigeria requires annual investments of up to $10 billion to tackle its infrastructure deficit, according to government officials in Abuja. Much of the investment would be focused on meeting the government's target ...

Emerging Markets Roundup: Brazil

ROUNDUP: BRAZIL By Antonio Guerrero Rousseff: Getting off to a steady start Brazil's newly installed president, Dilma Rousseff, provided a firm indication of her administration's plan to continue the economic policies of her predecessor, Luiz Inácio Lula da Silva, by ...

Emerging Markets Roundup: China

ROUNDUP: CHINA By Thomas Clouse China's Internet users present a rich potential market Growth in consumer and producer prices in China continued to accelerate in November, prompting policy makers to raise reserve ratios and direct the country's state-owned banks to ...

Emerging Markets Roundup: India

ROUNDUP: INDIA By Aaron Chaze India's craving for luxury cars grows Significant improvement in heavy industrial sectors drove up India's Index of Industrial Production (IIP) by nearly 11% year-on-year during October 2010, a significant step up from September's 4.4% year-on-year ...

Emerging Markets Roundup: Middle East

ROUNDUP: MIDDLE EAST By Gordon Platt Abu Dhabi tries to outdo Dubai with new port facilities Abu Dhabi is pulling out all the stops to create a major port and industrial zone that will rival Dubai as a trading hub ...

Emerging Markets Roundup: Russia

ROUNDUP: RUSSIA By Kim Iskyan World Cup fever in Russia Global football organization FIFA awarded Russia the right to host the World Cup tournament in 2018, triggering jubilation throughout the country. The Russian government estimated that building 13 new stadiums ...

Islamic Finance: A New Frontier

TRENDS: ISLAMIC FINANCE IN LATIN AMERICA By Antonio Guerrero With Islamic financial institutions seeking to expand into emerging markets in Africa and Asia, could Latin America be next? While Islamic financial institutions have aggressively expanded through Asia and Africa, Latin ...

World’s Best FX Providers 2011: Global Winner

Global Winner Deutsche Bank Deutsche Bank has the biggest, most diversified and most profitable foreign exchange operation in the world. "The critical factor is that we are excellent across the board—by client type, by region and by products," says Kevin ...

The World's Best Foreign Exchange Providers

World’s Best FX Providers 2011

ANNUAL SURVEY: UNCERTAINTY BREEDS CURRENCY VOLATILITY By Gordon Platt Global Finance selects the leaders in the world's biggest financial market, where trading averages $4 trillion a day. Europe's sovereign debt crisis, China's monetary tightening and the Federal Reserve's quantitative easing ...

Milestones

China: China Passes US In CleanTech Spend

MILESTONES: CHINA By Denise Bedell High energy: Government targets boost windpower With strong government backing and clear goals for increased capacity development, China is fast surpassing its counterparts in the West, including the US and Germany, in building and supporting ...

LatAm: Growth Brings Hope For Region’s Poorest

MILESTONES: LATIN AMERICA By Antonio Guerrero Looking up: Poverty is declining in Latin America Latin America's robust recovery from the global financial crisis is having an impact even on the poorest people in the region, according to a new report ...

South Korea: Trade Pact To Fuel Export Growth

MILESTONES: SOUTH KOREA By Thomas Clouse Seoul: Tighter ties with the United States South Korea finalized details of its free trade agreement (FTA) with the United States last month, more than three years after the former presidents of the two ...

US/China: WTO Tire Ruling Stirs Trade-War Fears

MILESTONES: UNITED STATES/CHINA By Gordon Platt Tired: Trade spat rolls on The fallout from the World Trade Organization's ruling last month that the US was within its rights in imposing import tariffs of up to 35% on Chinese tires to ...

Corporate Finance

Debt: Bond Sell-Off Spares High-Yield

CORPORATE FINANCING NEWS: CORPORATE DEBT By Gordon Platt The high-yield corporate debt market was unscathed by the dramatic sell-off in the US treasuries market in early December that followed news of President Obama's deal with congressional Republicans to renew the ...

DRs: BRIC Countries To Lead DRs in 2011

CORPORATE FINANCING NEWS — GLOBAL EQUITY/DRS: CORPORATE FINANCE FOCUS By Gordon Platt Coming off the bailout of Ireland, and with several other European countries denying they need outside help, the outlook for the financial markets in 2011 is somewhat clouded, ...

FX: Dollar Recovers As US Yields Rise

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The tax deal reached between President Obama and the opposition Republican Party could boost US economic growth to around 3% in 2011, economists forecast. The improved economic outlook and rising bond yields ...

M&A: Deal Activity To Pick Up In 2011

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS By Gordon Platt There will be a substantial increase in mergers and acquisitions in 2011, following a relatively flat year for M&A; in 2010, as companies have plenty of cash to spend on strategic ...

Newsmakers

Europe: Maintaining Focus On Development Aid

NEWSMAKERS: EUROPE By Justin Keay Piebalgs: Pressing Europeans to give more Spare a thought for Andris Piebalgs, the EU's development commissioner. At a time when politicians across Europe are telling people to tighten their belts during the toughest fiscal retrenchment ...

Qatar: Islamic Finance To Win With World Cup

NEWSMAKERS: QATAR By Anita Hawser Hussain: Islamic banks must resolve key issues As Qatar kicks off its campaign to ensure it has the infrastructure to host the 2022 FIFA World Cup, the region's banks are hoping the massive investment will ...

UK: Businesses Brace For Bribery Crackdown

NEWSMAKERS: UK By Anita Awser High risk: UK bribery law will affect companies worldwide In a sign that regulators are clamping down on bribery and corruption in international business, from April 2011 the UK will implement what legal experts are ...

US: Obama Sets New Course For Next Two Years

NEWSMAKERS: UNITED STATES By Gordon Platt Obama: Changing course President Barack Obama's tax deal with the Republican opposition and his efforts to woo business leaders demonstrate a willingness to compromise and suggest a new direction for his administration in the ...

Additional Stories

Company To Watch: Infosys Technologies

EMERGING MARKET INVESTOR: COMPANY TO WATCH: INFOSYS TECHNOLOGIES / INDIA By Gordon Platt Bangalore-based Infosys Technologies, the second largest company by market capitalization on the Bombay Stock Exchange, announced one of the first mobile-banking solutions that offers financial-management and advisory ...

Country Report: Libya

LIBYA: OPENING UP By Justin Keay As its economy slowly becomes more open, Libya is attracting the attention of a wider range of potential investors than just adventurous oil companies. In the old days of the Soviet Union, sovietologists would ...

EM News: Russia's Privatization Program

EMERGING MARKET INVESTOR: NEWS By Gordon Platt Faced with a widening budget deficit in the wake of its economic stimulus program, Russia is rolling out the red carpet to foreign investors with a $39 billion privatization program. The government will ...

SEPA Update: Slow Progress

UPDATE: SEPA By Anita Hawser Proponents of the Single Euro Payments Area are considering stringent measures to encourage companies to hop on board. As eurozone countries busy themselves implementing liquidity measures designed to calm market fears about sovereign debt problems ...