Beijing’s Balancing Act: Growth vs. Reform

Beijing’s Balancing Act: Growth vs. Reform

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

The question this year for investors in China is whether the government will continue moving toward a free-market economy—or keep grabbing the wheel.

China’s Economic Reforms Ignite Boom In M&A Deals

China’s Economic Reforms Ignite Boom In M&A Deals

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

Capital Markets | Mergers & Acquisitions
In an effort to boost the country’s sagging economic growth, China is consolidating key industries, hoping to make them more efficient ahead of eventual partial privatizations.

EC Orders Belgium To Recoup Money Lost In Illegal Tax Breaks

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

Trends | Taxation
As part of a crackdown on generous tax incentives across the European Union, in January the European Commission (EC) demanded Belgium claw back €700 million ($762 million) in tax breaks from at least 35 European firms.

Cuba Learns The Art Of The Deal With Unilever

Cuba Learns The Art Of The Deal With Unilever

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

Cuba: News that Anglo-Dutch consumer products company Unilever will return to Cuba to build a $35 million plant in the special development zone at the port of Mariel, about 40 kilometers west of Havana, is one of the clearest signs yet that the communist nation is taking a more pragmatic approach to foreign direct investment.

Business Gets An App For That

Business Gets An App For That

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

Smart corporates are using mobile apps to collect real-time data, analyze it and feed it to employees, who can respond immediately. Companies that neglect these tools could find themselves at a disadvantage.

Driving Innovation

Driving Innovation

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

Challenger banks join start-ups and outside providers in supplier finance to get funding where it’s needed most. 

Dealers Tell Auto Makers: Send Trucks and SUVs, Not Cars

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

By Jeff Bennett and Christina Rogers U.S. new-car dealers are telling auto makers to limit production of passenger cars in the face of overwhelming demand for trucks and sport-utility vehicles that is forcing them to offer deep discounts on small ...

Money Is Getting Tighter Faster Than Fed Intended

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

By Ben Eisen Monetary-policy makers are coming to the grim conclusion that financial markets aren't letting them tighten financial conditions gradually. The problem: The rise of the dollar over the past year and the swift retreat from risk in 2016 ...

Asian Shares Set for Early Losses

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

By Robb M. Stewart MELBOURNE, Australia--Stocks across Asia look set for another volatile day Friday, heading for a negative open as they track further weakness on Wall Street and in Europe as investors flee for safer investments. Still, early weakness ...

CFPB Rules to Rein In Payday Lenders Won't Cap Rates, Official Says

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

WASHINGTON?New federal rules for high-interest payday loans won't cap interest rates, a top official of the Consumer Financial Protection Bureau told lawmakers Thursday. "We will not establish a usury cap and interest-rate limits on these or any other lending product," ...

Yen Weakens Only Moderately Against Rivals

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

By Hiroyuki Kachi The yen weakened moderately against its rivals during Asia trade Friday, as Japanese currency authorities' talking failed to give a new direction to the perceived safety of the Japanese currency. The greenback rose to Y112.70 at around ...

Aramco IPO May Be For Saudi Nationals Only

Aramco IPO May Be For Saudi Nationals Only

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

Capital Markets | Equity Offering
A potential partial privatization of Saudi Arabia’s state oil company, Saudi Aramco, would require the company to remove its veil of secrecy.

Catalan Leader Amps Up Independence Call

Catalan Leader Amps Up Independence Call

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

Spain: Legislators in Catalonia elected Carles Puigdemont, who has been pushing for independence for the big Spanish region for years, as president on January 10.

International Investors Decry Portuguese Bank Bail-In

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

Capital Markets | Fixed Income
A bail-in provision, which places the onus on bondholders and other investors to write down their holdings in the event of winding up a troubled financial institution within the European Union, came into effect on January 1, 2016.

Risks That Keep CROs Awake At Night

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

Management | Risk Management
Cyberattacks, safety concerns, climate change, regulatory demands, declining oil prices, less demand from China, a crumbling and volatile stock market: There is no lack of risks in doing business, and at the start of 2016, they are ever- present for corporations small and large.

Turning Challenges Into Opportunities

Turning Challenges Into Opportunities

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

World trade may be growing more slowly since the financial crisis, yet demand for trade finance is accelerating.

SCF Market Pushes Banks To Focus On Execution

SCF Market Pushes Banks To Focus On Execution

TODAY: Feb. 12, 2016 PUB DATE: Feb. 12, 2016

Michael McDonough, global head of corporate trade and supply chain finance at JP Morgan Chase, sees the supplier finance market evolving to embrace more diverse industry sectors, and banks expanding the range of funding to clients.