We sat down with Fergus McCormick, head of sovereign ratings at DBRS, to discuss the rating agency’s outlook for global markets, sovereign ratings and how the firm differs from its competitors.
COUNTRY REPORT: UNITED ARAB EMIRATES
Despite a fast-growing economy and plans to boost growth via infrastructure investments, debts are mounting again at Dubai’s government-related entities. Is the day when Dubai World almost collapsed coming back to haunt investors?
The transport infrastructure in Africa's largest economy is still treading water.
CORPORATE FINANCE FOCUS | CORPORATE DEBT
SECTOR REPORT: AGRIBUSINESS
As the world’s population expands and diets improve in some of the most populous countries, agri-businesses must grow at a strong clip to keep up with demand.
FRONTIER MARKETS REPORT: KUWAIT
Kuwaiti legislature has cut red tape and is offering more inducements for FDI. But is the rest of the regime on board?
BANK OF AMERICA | MERRILL LYNCH GLOBAL CUSTODY SERVICES
BNP PARIBAS SECURITIES SERVICES
UNICREDIT GLOBAL SECURITIES SERVICES
CORPORATE FINANCING NEWS | MERGERS & ACQUISITIONS
Investors hedge their bets on Ma's business savvy.
CORPORATE FINANCING NEWS | GLOBAL EQUITY/DRS
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.