Saudi Arabia made a splash with its $17.5 billion debut in the global bond market, which was the largest debt issuance by an emerging economy. The successful sale on October 19 was increased from an originally planned $10 billion, as ...
The safest three emerging markets banks are South Korean, following ratings upgrades by Moody’s and S&P. Korea Development Bank, Export-Import Bank of Korea and Industrial Bank of Korea now have at least one AA and one AA- rating each, which ...
Syria’s agony is imposing serious costs for neighbors in terms of refugees, lost trade and dampened investment.
Collection troubles and resource dependency hamper African governmental efforts to raise revenue.
While on a road show for US clients, Bryan Leith, chief operating officer of KPMG’s global Africa practice, sat down with Global Finance to discuss the continent’s economic prospects.
The prolonged downturn in oil and other commodity prices has pushed petrochemical and mining firms out of the Global Finance rankings of the best-performing companies in sub-Saharan Africa this year.
What has changed in Africa in the past year? The precipitous drop in commodity prices threatened the progress made during two decades of tremendous growth, driving diversification efforts.
UK-based Barclays has reduced its shareholding in Johannesburg-listed Barclays Africa from 62.3% to 50.1% this year and is believed to be seeking to reduce that stake further to around 20%.
The Bahamas offers investors stability, a sophisticated finance sector, educated workers and a climate that tempts tourists.
South Africa's growth is impeded by long-term constraints; still, the government deserves credit for tackling reforms.
Foreign-currency bonds offer needed resources but come with heavy risks.
Aung San Suu Kyi, Myanmar’s de facto leader and a Nobel Peace Prize winner, has a change of heart regarding US sanctions against her country.
Shavkat Mirziyoyev, new ruler of Uzbekistan, looks likely to be just as much a hard-line autocrat as his predecessor was.
Latin American nations seeking fiscal fixes encounter a wide variety of factors beyond their control.
Regional Report: Central & Eastern Europe
Despite a host of challenges, Europe’s formerly communist countries are poised for strong, steady growth.
Serhat Yıldırım, senior vice president of digital banking at Akbank, talks about mobile banking advances in Turkey.
Egypt | Its IMF loan could ease investor concerns and end its foreign exchange shortage.
INDIA | Introduced just a year ago, “green” masala bonds—offshore rupee-denominated bonds to fund private-sector investment addressing climate change—are hot.
Indonesia | Can the much-admired former Finance Minister of Indonesia, Sri Mulyani Indrawati, bring back the magic in her second tour in the post?
Cross-Border Payments | Magic is only for fairy tales, but new technologies promise a magical transformation in cross-border payments.