Cover Story

Cover Story: All Change

Recent financial turmoil has accelerated the seismic shifts taking place in the balance of global economic and political power. How the major powers act in the coming years will determine the future shape of globalization.


BY LAURENCE NEVILLE

09June_18_01 The global ...

Emerging Markets Roundup

Cover Story: All Change

Recent financial turmoil has accelerated the seismic shifts taking place in the balance of global economic and political power. How the major powers act in the coming years will determine the future shape of globalization.


BY LAURENCE NEVILLE

09June_18_01 The global ...

Milestones

Regulars : Milestones : Global


Before the credit crunch took a massive bite out of global economic activity, oil prices were heading skyward, and fears that supplies might actually run out were rampant.

By Anita Hawser

09June_08_02 Although the subsequent economic malaise sent energy prices tumbling ...

Regulars : Milestones : Latin American

Latin American markets are feeling the global financial pinch, and ratings agencies are taking notice, with downgrades soon to follow.

By Antonio Guerrero

09June_08_01 Standard & Poor’s downgraded El Salvador from BB+ to BB last month, and it seems Mexico is ...

Features

Features : Exchange-Traded Derivatives Prove Their Worth

EXCHANGE-TRADED DERIVATIVES PROVE THEIR WORTH As product offerings grow and pricing improves, exchange-traded derivatives are increasingly appealing to both corporate and institutional buyers of derivatives contracts. By DENISE BEDELL Of the lessons learned by companies during the recent financial meltdown, ...

Features : Future Imperfect

Swooning equity markets have added to the troubles facing many corporate pension plans and will only accelerate the move to defined contribution plans.


By Anita Hawser

09June_62_01

For some time now observers have been warning of a looming pension crisis as ...

Features : Turbulent Times

T URBULENT TIMES


Despite global economic challenges, Greece presents investors with opportunities.

By Adam Rombel


09June_65_01

Things are bad everywhere, but they are not as bad here. That sums up the plight of the economy and business climate of Greece amid ...

Features: Best Investment Banks

The clouds parted over the investment banking business in the first quarter of this year amid some hope that a more sustainable model for success is emerging.

By Gordon Platt

September 21, 2008, was a date that may be remembered ...

Features: Cash Is King Again

The credit crunch made life more difficult for corporate treasurers in many ways—not least in managing their relationships with their cash management banking partners.

By Anita Hawser

09June_37_01

Over the past 12 months the European cash management sector has undergone ...

Corporate Finance

Corporate Finance : Global Equity/DRs

ASIA, MIDDLE EAST LEADING IPO THAW

BY GORDON PLATT

The level of initial public offerings has been at historic lows for nearly a year, but recent large IPOs in Asia and the Middle East have broken the ice, and a ...

Newsmakers

Regulars : Newsmakers : India

In the past decade, India and China have been mentioned in the same breath when discussing the coming giants of the world economy.

By Laurence Neville

09June_04_02 In truth, India has never been in China’s league when it comes to ...

Regulars : Newsmakers : Panama


The election of a pro-business leader in Panama now makes president-elect Ricardo Martinelli a member of the somewhat lonely club of Latin American right-wing leaders, in which the only other member is Colombian president Alvaro Uribe.

By Antonio Guerrero

09June_06_01 However ...

Regulars : Newsmakers : United Kingdom

While the economic crisis has demonstrated the shortcomings of “light-touch” regulation—leaving the market to virtually regulate itself—banks remain unconvinced about the benefits of a single global regulator.

By Anita Hawser

09June_06_02 While the economic crisis has demonstrated the shortcomings ...

Regulars : Newsmakers : United States

China and Brazil appear to be joining forces in an attempt to unseat the dollar as the de facto global reserve currency.

By Anitar Hawser

09June_04_01 According to Brazil’s central bank, the two countries are actively discussing trading with each ...

The World's Best Investment Banks

Features: Best Investment Banks

The clouds parted over the investment banking business in the first quarter of this year amid some hope that a more sustainable model for success is emerging.

By Gordon Platt

September 21, 2008, was a date that may be remembered ...

Additional Stories

Regulars : Brazil energy and power ADRs to trade over the counter

DR NEWS

BY GP


Two energy and power companies controlled by Brazilian mining magnate Eike Batista’s EBX Group have created sponsored American depositary receipt programs to trade in the over-the-counter market, according to The Bank of New York Mellon ...

Regulars : EM Roundup Africa

The International Finance Corporation (IFC) estimates less than a quarter of Africans have access to electricity, and those who do pay twice the average retail rate of users in other emerging regions.

By Antonio Guerrero

09June_12_02 A report from research firm ...

Regulars : EM Roundup Brazil

The latest news from Brazil. Just three years after acquiring Brazil’s Banco Pactual investment bank for some $2.5 billion, UBS is selling the bank back to its previous owners for roughly the same amount.

By Antonio Guerrero

09June_10_01

The ...

Regulars : EM Roundup China

China’s international trade continued to weaken in April, with both exports and imports falling for the sixth straight month.

By Thomas Clouse

09June_10_02 Strong investment growth, however, may offset some effects of this slackening international trade. According to China’s ...

Regulars : EM Roundup India

Following the Congress (I) party’s best federal election showing since 1991, India’s stock markets began to price in an acceleration in the pace of economic reforms.

By Aaron Chaze

09June_14_01 The equity indexes reported the best one-day showing in ...

Regulars : EM Roundup Middle East

Kohlberg Kravis Roberts, the US-based private equity firm, received a license to operate from the Dubai International Financial Center.

By Gordon Platt

09June_12_01 The building in which the firm, whose 1988 leveraged buyout of RJR Nabisco was chronicled in a book ...

Regulars : EM Roundup Russia

Amid expectations that the Russian economy had hit bottom, and despite a solid bounce in commodity prices since the beginning of the year, bad news continued to pile up.

By Kim Iskyan

09June_14_02 Industrial production shrank by 17% in April, following ...

Regulars : India's consumers watching prices

COMPANY TO WATCH: HINDUSTAN UNILEVER/INDIA

BY GP

Mumbai-based Hindustan Unilever (HUL) sells soaps, tea, detergents and shampoos to more than 700 million Indian consumers, reaching two out of every three of the country’s inhabitants. As India’s largest ...

Regulars : Mergers & Acquisitions

PEPSI PUTS SOME FIZZ BACK IN M&A; MARKET


Merger and acquisition activity is returning to a semblance of normality, with a series of significant deals in industries other than financial services. While financing remains constrained, stock-swap transactions and cash ...

Regulars : Private equity funds bullish

NEWS

BY GORDON PLATT

Emerging market private equity funds raised a record $66.5 billion in 2008, and most plan to commit additional capital to new fund managers and additional countries in the next two years, according to the Emerging ...

Regulars: Corporate Debt

BIG SUPPLY OF DEBT FINDS EAGER BUYERS

Companies in the US and Europe are bypassing bank loans and issuing large amounts of debt, which is being readily purchased by investors seeking higher returns than are available on government securities.

BY ...

Regulars: Foreign exchange

Good News for the Global EconomyTranslates Into Bad News For Dollar

Improvement in the global economic outlook spells trouble for the dollar, which is losing its allure as a safe haven amid growing concern about ballooning US government debt.

BY ...