Led by the Asia-Pacific region, global proceeds from initial public offerings totaled more than $34 billion in the first quarter of 2014, an increase of 77% from the same period a year earlier, according to Renaissance Capital
Sub-Saharan Africa’s economic lions are pulling the continent into an unprecedented era of wealth creation and prosperity. With year-on-year growth of between 7% and 9%, Ghana, Angola, Mozambique, Zambia and Ethiopia have played a pivotal role in helping Africa’s economy triple in size since 2000.
Mergers and acquisitions involving Russian companies, including Morgan Stanley’s planned sale of its global oil-trading unit to Rosneft, are threatened by Western sanctions on Moscow over the Ukraine crisis.
Myanmar’s chairmanship of the Association of Southeast Asian Nations (Asean) is expected to boost the country’s diplomatic and economic prospects.
Only two weeks ahead of the April 9 parliamentary elections and under pressure from a billion-dollar lawsuit, the Indonesian government announced it would terminate some 67 bilateral investment treaties—which regulate investment in the country by foreigners—as they come up for renewal.
Recent economic reforms in Mexico and upgrades by rating agencies have strengthened Mexico’s position in global markets. The country’s economic performance is improving as well.
Corporate credit-rating upgrades in the first quarter of 2014 outnumbered downgrades in Europe, the Middle East and Africa for the first time since 2008, according to Moody’s Investors Service. The rating agency says positive credit trends in the EMEA region are likely to continue through 2014, despite potential negative events in Russia and Ukraine.
Sri Lanka has an open business environment, but challenges—not least its recovery from the civil war that ended in 2009—remain.
With good demographics and potential opportunities for FDI in a range of sectors, Iran is poised to make the most of further relaxing of economic sanctions.
Leila Heckman, head of international equities at Lebenthal Asset Management, joined us for our monthly Salon to discuss the increased acceptance of global diversification among portfolio managers and the reasons behind her approach to investing.
Inflation in the eurozone slipped to 0.5% at an annual rate in March, its lowest level since 2009. The persistence of low inflation prompted policymakers to discuss quantitative easing (QE) and a negative deposit rate, putting some downward pressure on the euro.
Despite a pause in February, when the number of share purchase authorizations declined by 32% over the same period a year ago, share buybacks are still very popular on Wall Street.
“While overall levels of investment have remained stable, there have been dramatic changes in how investment is distributed between regions and countries around the world, as companies seek to adapt their corporate footprints to new opportunities and operational risks emerging ...
Inter-Asian trade will lead the agenda items at this year’s annual Asian Development Bank meeting, to be held May 2-5, 2014, in Astana, Kazakhstan.
Malaysia’s strong current account and FX reserves will safeguard it against external shocks, but high leverage and simmering ethnic tensions remain weak points.
NEWSMAKERS By Gilly Wright Dubbed by his supporters a gifted visionary, engineer and CEO Elon Musk is not afraid to take on both big oil and the auto sector in his attempts to drive the sustainable energy sector forward, as ...
MIDDLE EAST 2014 SUPPLEMENT By Gordon Platt Dubai has rolled over its debt and keeps on spending in preparation for World Expo 2020. And this time, it says, there will be no property bubble. Dubai welcomed the New Year with ...
Iceland’s Reykjavik Geothermal will launch a $2 billion project in July to build a power plant on an imploded volcano in Ethiopia’s Rift Valley. The plant, slated to begin operations by 2020, will have a generation capacity of 500 megawatts of electricity.