Cover Story

Blowing Up

COVER STORY: EMERGING MARKETS INFLATION   By Laurence Neville   Emerging markets have been credited with saving the world’s economy from catastrophe with their resilient exports. Now they’re exporting a different product that threatens to stop the global recovery in ...

Features

Fast Favorites

SPOTLIGHT: FOREIGN EXCHANGE TRADING   By Anita Hawser   Technology is enabling faster and more-flexible trading in foreign exchange—and helping drive the rapid rise in daily trading volume.   Erik Lehtis, president of Chicago-based Dynamic FX Consulting, has experienced firsthand ...

Award Winners

Islamic Bank Awards 2011

ANNUAL SURVEY: ISLAMIC FINANCE   By Gordon Platt   The Islamic finance industry is benefiting from a lack of confidence in the conventional banking sector and is expanding rapidly in emerging markets.   The global financial crisis has forced bankers ...

Islamic Bank Awards 2011: By Region

Regional Awards Gulf Cooperation Council (GCC) Kuwait Finance House Kuwait Finance House was the first Islamic bank established in Kuwait. It is now a market leader in the GCC and beyond, offering a wide range of shariah-compliant products. KFH has ...

Emerging Markets Roundup

Emerging Markets Roundup: Africa

INVESTORS FALL FOR AFRICA’S CHARMS   By Antonio Guerrero   Foreign direct investment into Africa will reach $150 billion a year by 2015, according to a May report by global accounting firm Ernst & Young.   Africa’s consumer goods boom ...

Emerging Markets Roundup: Brazil

SPENDING BOOST PLANNED TO LIFT OIL OUTPUT   By Antonio Guerrero   Brazil’s Petrobras state-controlled oil company plans to more than double its investments to develop the country’s pre-salt offshore oil fields through 2015.   Petrobras to accelerate output from ...

Emerging Markets Roundup: China

TRADE SURPLUS GROWS SHARPLY   By Thomas Clouse   China’s trade surplus jumped to $11.4 billion in April, after the country posted its first quarterly deficit in seven years in the first three months of the year.   China moves ...

Emerging Markets Roundup: India

INDIA SHORTLISTS EUROPEAN FIGHTERS FOR $11 BILLION CONTRACT   By Aaron Chaze   After a fiercely contested bidding process, which involved President Obama’s pitching in on behalf of US aerospace firms, the Indian government has announced the finalists in the ...

Emerging Markets Roundup: Middle East

SAUDI ARABIA REOPENS IPO MARKET WITH TELECOM ISSUE   By Gordon Platt   The first initial public offering of the year in Saudi Arabia, home of the Arab world’s largest stock market, attracted more than 638,000 subscribers, more than 92% ...

Company To Watch: Cencosud/Chile

LATIN AMERICAN RETAILER PLANS $2 BILLION SHOPPING SPREE   By Gordon Platt   Santiago, Chile–based Cencosud, the largest retailer in Chile by sales and the third biggest in Latin America, plans to issue up to $2 billion of new shares ...

Supplements

Technology And Treasury Management

A TREASURER’S BEST FRIEND   With cash visibility and control more important than ever, and with risk management becoming an increasing part of the corporate treasurer’s job, technology is playing an ever more pivotal role. As its sophistication grows, treasury ...

Country Report

An Oasis Of Calm

COUNTRY REPORT: KUWAIT   By Gordon Platt   Kuwait has been largely unaffected by the winds of change sweeping through the Middle East and North Africa.   In the 50 years since Britain ended its protectorate and Kuwait became an ...

Early Days

COUNTRY REPORT: EGYPT   By Justin Keay   Egypt is still in the very early stages of transition, but if it can establish political stability, its economy should grow strongly over the coming years.   If confidence really is the ...

Milestones

US Finance Industry Assess Galleon Ruling

MILESTONES: UNITED STATES   By Anita Hawser   It may have taken only 12 days of deliberations for the jury in the Galleon trial to convict Raj Rajaratnam, the co-founder of Galleon Group, of 14 counts of securities fraud, but ...

Corporate Finance

DRs: Sovereign Funds Boost Glencore

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS   By Gordon Platt   Switzerland-based Glencore International, a commodities trading and mining company, could have timed its initial public offering better.   Amid the steepest decline in commodity markets in years, Glencore was looking ...

FX: Big Overseas Investments For China

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE   By Gordon Platt   China is planning major investments in foreign companies, including those in the US, in order to help turn its mountain of paper dollars and other currencies into hard assets and ...

Newsmakers

Strauss-Kahn Arrest Adds Drama To IMF Succession

NEWSMAKERS: GLOBAL   By Luca Ventura   While the shocking arrest in May of IMF managing director Dominique Strauss-Kahn in connection with an alleged sexual assault dominated the news all over the world, it only complicated a plot that was ...

Voice Of Moderation Leaves FDIC

NEWSMAKERS: UNITED STATES   By Gordon Platt   Sheila Bair, the populist bank regulator who warned in advance that the subprime mortgage crisis was coming, is stepping down on July 8 as chairman of the Federal Deposit Insurance Corporation.   ...

Sponsored

Infosys Strategic Vision

SQUEEZING THE VALUE OUT OF YOUR DATA   By Ashok Vemuri, Member of the Executive Council (EC), Head of Americas and Global Head, Financial Services, Infosys Limited   The other day, I was reading an article in a technology journal ...

Sponsored Statement Citi

WHAT’S NEXT IN THE WORLD OF E-BILLS AND E-PAYMENTS?   By Adam Hoffman   Since the very first electronic payment was transmitted through the ether world more than 30 years ago, businesses have been steadily shrinking the stacks of paper that ...

Sponsored Statement Deutsche Bank

NEXT GENERATION TREASURY FOR CORPORATE AMERICA   Deutsche Bank   Shahrokh Moinian, Deutsche Bank’s Head of Trade Finance and Cash Management Corporates for the Americas, discusses the latest treasury management trends in the region.   What are the key corporate ...