Asia-Pacific

NEWSMAKERS: VIETNAM   By Thomas Clouse   Nguyen Tan Dung, the Vietnamese prime minister who guided the country through its entry into the World Trade Organization in 2007 and successfully navigated the financial crisis of 2008, is set for a ...

MILESTONES: SRI LANKA   By Kim Iskyan   It’s been a good run for Sri Lanka of late. In mid-July, all three major ratings agencies upped their views on the country, pointing to the ongoing recovery and broad economic stabilization. ...

MOTHBALLED INDIAN GDRS COMING TO MARKET   By Gordon Platt   More than $1 billion of planned global depositary receipt (GDR) issues from companies in India were delayed in March, when market conditions deteriorated following the outbreak of hostilities in ...

NEWSMAKERS: KAZAKHSTAN   By Kim Iskyan   Talk of who might replace Kazakhstan’s president Nursultan Nazarbayev—who has ruled the oil-rich Central Asian country since 1989—has long been taboo in the country’s political circles.   With Nazarbayev’s blessing Succession uncertainty has ...

CHINA’S INFLATION NEAR PEAK, INVESTORS EYE EARNINGS GROWTH   By Gordon Platt   China’s monetary policy-tightening is advanced relative to other economies, and domestic inflation, which is centered in food prices, may be near a peak, analysts say.   “As ...

MALAYSIAN DOMINANCE PUT TO THE TEST   By Anita Hawser   Long the leading force in Asia-Pacific’s Islamic finance industry, Malaysia is facing growing regional competition.   Anyone that does business or invests in Asia-Pacific will tell you that, as ...

NEWSMAKERS: THAILAND   By Kim Iskyan   In early May, Yingluck Shinawatra was a prominent business executive in Thailand.   Shinawatra: Following in her brother’s footsteps Two months later, she became the country’s first female prime minister. Her astonishingly rapid ...

OVERHEATING EASES, BUT DEMAND IMBALANCES REMAIN   By Thomas Clouse   Chinese overheating is finally slowing.   Rising food costs hit consumer price index Chinese overheating is finally slowing after numerous interest rate increases and other policies were enacted to ...

MILESTONES: ASIA By Thomas Clouse The Association of Southeast Asian Nations took another step toward political cohesion in late July, agreeing jointly with China to nonbinding guidelines for settling competing territorial claims in the South China Sea. South China Sea—still ...

Global Finance names the World’s Best Global Banks 2011 NEW YORK, August 22, 2011 – Global Finance magazine (GFmag.com) has announced its World’s Best Banks 2011 Awards. The annual listing includes the best bank worldwide for corporate, consumer and private ...

Global Finance names the World’s 50 Safest Banks 2011 NEW YORK, August 18, 2011 – Bank stability is an ever-more pressing concern for the world’s corporations and investors. It is within this context that Global Finance announces it’s 20th Annual ...

Global Finance names the World’s Safest Banks 2011 in Asia NEW YORK, August 18, 2011 — Global Finance magazine (GFmag.com) has named the top 10 Safest Banks in Asia in an exclusive survey to be published in the October 2011 ...

Global Finance names the World’s Best Internet Banks in Asia 2011 NEW YORK, July 22, 2011 – Global Finance has announced the First Round winners in the “World’s Best Internet Banks” competition in Asia. This is the 12th year Global ...

EMERGING MARKETS INVESTOR / COMPANY TO WATCH: COAL INDIA/INDIA   by Gordon Platt   Coal India has enjoyed a solid increase in its stock price since it listed on the Bombay Stock Exchange last November in the country’s biggest-ever IPO, ...

COVER STORY — RENMINBI RISING   By Michael Shari   Multinationals are positioning themselves to capture lucrative gains from the internationalization of China’s currency.   When McDonald’s became the first non-Chinese corporation that was allowed to issue a bond denominated ...

MILESTONES / GLOBAL   by Gordon Platt   Taipei: Developed but still emerging, according to MSCI Many thought this would be a breakout year for the Pacific Rim—the year two of its hottest economies would be designated ‘developed markets.’ But ...

EMERGING MARKETS ROUNDUP: INDIA   by Aaron Chaze   Tata Steel: Trimming debt In an attempt to trim its debt, India’s largest steel producer, Tata Steel, is to sell its 26.3% stake in Riversdale Mining, the Australian Stock Exchange–listed coal ...

EMERGING MARKETS ROUNDUP: CHINA   by Thomas Clouse   Floods devastate crops Inflation in China accelerated in May to its most rapid rate in 34 months. According to the National Bureau of Statistics (NBS), the consumer price index rose 5.5% ...

MILESTONES: ASIA   by Denise Bedell   Charged up: Investment should enhance power grid Vietnam’s National Power Transmission Corporation (NPT) has launched a $200 million, 13-year infrastructure finance facility that demonstrates the growing enthusiasm among international investors for financing Asian ...

TRADE SURPLUS GROWS SHARPLY   By Thomas Clouse   China’s trade surplus jumped to $11.4 billion in April, after the country posted its first quarterly deficit in seven years in the first three months of the year.   China moves ...