Emerging Markets

Company to watch: china mobile/china     Hong Kong-based China Mobile is the largest mobile telecom services provider in China, with more than 300 million subscribers and a market share of 67.5%. In June the company placed a $1 billion ...

Russia     Russia's Vladimir Putin at the recent G-8 summit Relations between Russia and the West plunged to fresh post-Cold War lows, as the planned US missile shield in the Czech Republic, the investigation of the death of Alexander ...

Country Report / Malaysia   With the South Johor development region opening up and the banking market on the verge of full liberalization, Malaysia presents growing opportunities for investment.     Malaysia's capital, Kuala Lumpur After decades of being wary ...

Regional Report / Gcc   High oil prices keep the ball rolling, as the Gulf region’s economic growth momentum carries it through a rough patch in the stock markets.         Kingdom Tower Riyadh: As capital spending rises, ...

Global equity/drs     China-based manufacturers of products that convert the sun’s rays to electricity are raising growing sums of money on Wall Street to expand their production facilities to meet expanding demand for alternative energy in the face of ...

Dr news     Russia’s state-controlled Vneshtorgbank (VTB) raised nearly $8 billion in its sale of a 22.5% stake in the company, making it Russia’s seventh-largest company by market capitalization. VTB selected The Bank of New York as the depositary ...

India     Up, up and away: Air India's fundraising spree finances expansion of its fleet Air India, which is owned by the Indian government and is also the largest Indian air carrier, has begun the process to raise $1.5 ...

Brazil     Beefing up: Brazilian meat producer JBS is set to buy the US's Swift Following a spate of local IPOs by Brazil's main meat processing companies, sector players are now engaged in an acquisitions spree to expand their ...

News     The value of trading in emerging markets fixed-income instruments totaled $1.7 trillion in the first quarter of 2007, an increase of 4% from the same period a year earlier, according to EMTA, formerly the Emerging Markets Traders ...

LATIN AMERICA     Hugo Chávez: Wants to see the World Bank out of Latin America While most media attention on the World Bank recently has focused on a political scandal that could spark the downfall of bank president Paul ...

INDIA     Winds of change: The Indian rupee rises against the dollar The Indian rupee gained nearly 7% over a nine-week period culminating in the second week of May in a nine-year high against the US dollar on increasing ...

COMPANY TO WATCH: AIR ARABIA/UAE     Air Arabia, the first low-cost carrier in the Middle East and North Africa, raised $700 million in its recent initial public offering, the largest IPO ever in the United Arab Emirates. The company’s ...

BRAZIL     Brazil's agricultural output is helping boost its economy Brazil moved closer to a coveted investment-grade rating in May as both Standard & Poor’s and Fitch upgraded the sovereign to BB+ from BB. The rating puts it just ...

CHINA     Kiani Kertas pulp mill in Indonesia Bankrolled by an injection of capital from the Chinese government, which enabled them to write off non-performing loans (NPLs), as well as fresh investment from foreign stakeholders, China’s leading commercial banks ...

DR NEWS     Edenor, a Buenos Aires-based electricity distributor, became the 12th Argentina-based company to trade on the New York Stock Exchange, following its initial public offering in the United States and Argentina. The company, also known as Distribution ...

SECTOR REPORT / MICROFINANCE   Some of the world’s biggest banks are taking an interest in lending to some of the world’s smallest potential customers.     After her husband died, Adija Msw was left destitute with an extended family ...

RUSSIA     Boris Yeltsin: Russias first freely elected president The death of former Russian president Boris Yeltsin in April marked the end of an era for Russia. Retrospectives in the Russian press of the country’s first freely elected president ...

CHINA     Eureka: New oil and gas deposits in China China’s stock market is again breaking records, with the Shanghai Composite Index surging past the 4,000-point milestone for the first time on May 9. Stock fluctuations early this year ...

TURKEY     Gul: Nomination triggered a political crisis Turmoil sparked by the nomination of a suspected Islamist candidate for president in Turkey might have been expected to derail the long-anticipated l2.5 billion Turkish Lira ($1.86 billion) privatisation of the ...

NEWS     Harvard economist Jeffrey Frankel says that we are in the boom phase of the third consecutive cycle of capital inflows to developing countries and that the next emerging-market meltdown won’t happen until about 2010. “It’s the Biblical ...