Magazine Cover

Cover Story

Cover Story: Emerging Powerhouses

Far from collapsing under the weight of the recent financial crisis, the biggest emerging markets are powering the next wave of global growth. By Laurence Neville In its July World Economic Update,the International Monetary Fund said that the global economy ...

Features

Features: A Region in Transition

Economic Update Central Asia The former Soviet republics of Central Asia are undergoing dramatic and sometimes painful change as they attempt to modernize their economies and to exploit their vast reserves of natural resources. By Paula L. Green The global ...

Features: Country Report-Spain

A TOUGH ROAD AHEAD Spain’s banks and savings institutions are still reeling from the collapse of the country’s housing market. By Antonio Guerrero With Spain experiencing its deepest recession in 60 years, its banking sector stands at a crossroads. On ...

Features: Funding A Cleaner World

Businesses, banks and governments are working together to create financing tools to fund the green revolution. By Paula L. Green Cajoled, prodded and pushed by presidents, regulators, legislators and international diplomats, multinationals are slowly realizing the time has come to ...

Features: Regional Report - Central & Eastern Europe

DOWN BUT NOT OUT Central and Eastern Europe was arguably the region hit hardest by the global downturn. It’s still suffering, but hopeful signs are clearly emerging. By Justin Keay It wasn’t meant to be like this. According to the ...

Features: The World’s Best Internet Banks

PIONEERS GO MOBILE In the first of a two-part series, Global Finance identifies the best online corporate and consumer banks by country and regionally by product or service category. By Adam Rombel Much of the past year in the global ...

Emerging Markets Roundup

Cover Story: Emerging Powerhouses

Far from collapsing under the weight of the recent financial crisis, the biggest emerging markets are powering the next wave of global growth. By Laurence Neville In its July World Economic Update,the International Monetary Fund said that the global economy ...

Features: Regional Report - Central & Eastern Europe

DOWN BUT NOT OUT Central and Eastern Europe was arguably the region hit hardest by the global downturn. It’s still suffering, but hopeful signs are clearly emerging. By Justin Keay It wasn’t meant to be like this. According to the ...

Corporate Finance: Worldwide M&a Activity Continues To Slide

MERGERS & ACQUISITIONS By Gordon Platt The statistics on global dealmaking activity show no signs of improvement, despite some recent easing of the credit crisis and widespread opportunities for investment in distressed sectors. The value of worldwide mergers and acquisitions ...

Emerging Markets: Africa

Roundup By Antonio Guerrero Ghana looks to diversify exports beyond cocoa After years of seeing foreign investors flee amid a plummeting economy and political upheaval, Zimbabwe may be about to reverse the outflow with its impending privatization of Zimbabwe Steel ...

Emerging Markets: Brazil

Roundup By Antonio Guerrero Brazil’s president, Lula da Silva, tours a Petrobras facility The US Export-Import Bank agreed to provide Brazil with some $10 billion in financing to develop the Petrobras state-controlled oil company’s offshore pre-salt oil reserves. Reserves discovered ...

Emerging Markets: China

Roundup By Thomas Clouse China’s property boom defies the recessio n China exceeded expectations across a variety of economic indicators in recent weeks, boosting hopes that the world’s third largest economy may have successfully weathered the global economic crisis. The ...

Emerging Markets: India

Roundup By Antonio Guerrero Growth drive: India’s auto sector is thriving The US government has committed $2.45 billion for Indian borrowers through the US Export-Import Bank’s India Infrastructure Facility. Funds will be used for medium- and long-term dollar loans for ...

Emerging Markets: Middle East

Roundup By Gordon Platt Saudi will assemble next generation Eurofighter planes The return of economic confidence in the Gulf Cooperation Council (GCC) countries is evident in the awarding of major new contracts and invitations for bidding on future projects, some ...

Emerging Markets: Russia

Roundup By Kim Iskyan On a lighter note: Medvedev and Obama share a joke In its 2010-12 draft federal budget, announced in late July, the Russian government calls for spending cuts, on the back of sharply reduced revenue expectations. Social ...

The World's Best Internet Banks - Part 1

Features: The World’s Best Internet Banks

PIONEERS GO MOBILE In the first of a two-part series, Global Finance identifies the best online corporate and consumer banks by country and regionally by product or service category. By Adam Rombel Much of the past year in the global ...

Milestones

Milestones: When Will Recovery Come?

GLOBAL By Anita Hawser Shut down: Many businesses are still pessimistic Banks’ investment banking businesses are making money again and the better-than-expected US non-farm payrolls in July took the markets by surprise. But questions remain over whether the recession is ...

Corporate Finance

Features: Funding A Cleaner World

Businesses, banks and governments are working together to create financing tools to fund the green revolution. By Paula L. Green Cajoled, prodded and pushed by presidents, regulators, legislators and international diplomats, multinationals are slowly realizing the time has come to ...

Corporate Finance: China Removes IPO Ban As Market Soars

Global Equity/DRs By Gordon Platt China opened the floodgates to new share offerings in June, releasing a torrent of initial public offerings to help soak up excess liquidityand cool an overheating stock market. The removal of the government’s nine-month-old IPO ...

Corporate Finance: Credit Spreads Return To Pre-crisis Levels

Corporate Debt By Gordon Platt The interest rate spreads on corporate bonds to US treasury securities narrowed in July to levels that existed before Lehman Brothers filed for bankruptcy protection in September 2008, as investors increased their risk-taking behavior and ...

Corporate Finance: Worldwide M&a Activity Continues To Slide

MERGERS & ACQUISITIONS By Gordon Platt The statistics on global dealmaking activity show no signs of improvement, despite some recent easing of the credit crisis and widespread opportunities for investment in distressed sectors. The value of worldwide mergers and acquisitions ...

Newsmakers

Milestones: When Will Recovery Come?

GLOBAL By Anita Hawser Shut down: Many businesses are still pessimistic Banks’ investment banking businesses are making money again and the better-than-expected US non-farm payrolls in July took the markets by surprise. But questions remain over whether the recession is ...

Newsmakers: IPO Surge Suggests Some Confidence Is Returning

GLOBAL By Laurence Neville Perking up: The US market is showing signs of revival Six months after global equity markets began a remarkable rally and a year since the global financial system almost collapsed, the IPO is back in markets ...

Newsmakers: Us Takes Aim At Trade Gap To Boost Employment

UNITED STATES/CHINA By Gordon Platt Kirk: Facing key decision on trade barriers US Trade Representative Ron Kirk hailed the World Trade Organization’s dispute panel’s ruling in August against China’s system of importing and distributing books, magazines, films, DVDs, video games ...

Additional Stories

TCM Guide: Bank Relationship Management

STRENGTHENING TIES Higher cost of credit and tighter credit conditions are prompting corporates to review all their banking interactions. By Denise Bedell It has always been a priority for corporates to manage their share of wallet effectively. But in this ...

TCM Guide: E-invoicing

PAPERLESS PAYMENTS TAKE OFF Paperless invoicing is gaining popularity as efforts to create standardized processes gather momentum. By Anita Hawser Electronic invoicing (e-invoicing) may have gone through peaks and troughs over the past decade or so when it comes to ...

TCM Guide: Holistic Risk Management

A WHOLE NEW BALL GAME Businesses need to develop a new range of tools if they want to achieve truly holistic risk management. By Denise Bedell The world of risk management has changed drastically as a result of the economic ...

TCM Guide: Treasury & Cash Management Guide 2009

By Anita Hawser Europe Editor anita@gfinance.co.uk A lot of the traditional services cash management banks provided to their customers in the lead-up to the financial crisis around collections, liquidity, risk and working capital management are featuring more prominently in discussions ...

TCM Guide: Who’s Who

WHO’S WHO IN TREASURY AND CASH MANAGEMENT Robert Allen – Group Treasurer British American Tobacco Robert Allen was appointed group treasurer effective June 2008. Based in London, Allen works with a team of 20 professionals across the BAT group on ...

Breaking Free Of The Broken Banks

Spotlight State-Run Banks In the wake of the global crisis in the banking sector, governments that have become sole or partial owners of troubled banks are contemplating their options. By Nick Kochan The future of many of the world’s largest ...