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
Africa is already one of the world’s economic hot zones—but things are about to get a lot more interesting.
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
Sri Lanka has an open business environment, but challenges—not least its recovery from the civil war that ended in 2009—remain.
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.
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.