News & Features Archive

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Country Report

MOVING BEYOND THE COMFORT ZONE

COUNTRY REPORT | TURKEY: OVERVIEW Recent presidential elections saw political continuity and investor appetite maintained in Turkey, but high levels of indebtedness and political divisions cause some concern.

Capital Raising & Corporate Finance

NAIROBI EXCHANGE LISTS OWN SHARES TO RAISE FUNDS FOR EXPANSION

CAPITAL MARKETS | AFRICAN EQUITY Initial public offerings on the Nairobi Securities Exchange have been few and far between in recent years.

News

NEW PM A RELATIVELY UNKNOWN QUANTITY

NEWSMAKERS | POLAND The crop-haired, bespectacled 58-year-old is barely known outside Poland. Even within, most people know Kopacz, a former doctor and Health minister more for her loyalty to Tusk than for anything else.

Capital Raising & Corporate Finance

NO COLLATERAL DAMAGE TO HEDGES AFTER ALL

MANAGEMENT | DERIVATIVES REGULATION Nonfinancial corporations that hedge risk by using derivatives not traded on exchanges won an important victory in early September, when US bank regulators agreed to exempt such companies from rules that would have required them to post collateral against their positions.

Economics, Policy & Regulation

POWERING UP GROWTH

AFRICA 2014 | INFRASTRUCTURE From power plants and mining to tourism and railroads, new infrastructure projects are stimulating the growth of industries across sub-Saharan Africa.

Capital Raising & Corporate Finance

REGION REMAINS A SWEET SPOT FOR PRIVATE EQUITY

MILESTONES | LATIN AMERICA In Latin America, the outlook for private equity and venture capital remains bright. Despite a 10% fall in investments during the first half of 2014, local and global players increased the amount of funds raised.

Emerging & Frontier Markets

SEEKING TO DIVERSIFY

FRONTIER MARKETS REPORT | KAZAKHSTAN Kazakhstan is rife with investment opportunities, but companies must be aware of the country’s regional commitments and business climate.

Emerging & Frontier Markets

STOCK EXCHANGE TO SCRAP FOREIGN OWNERSHIP LIMIT

MILESTONES | TANZANIA Plans by Tanzania’s Capital Markets and Securities Authority to dispense with the 60% foreign ownership limit in stocks listed on the Dar es Salaam Stock Exchange could bring positive results in the short and medium term for Africa’s capital markets.

Economics, Policy & Regulation

THE ROAD TO CONVERGENCE

Global Finance sat down with Russell Golden, chairman of the Financial Accounting Standards Board, to discuss the current activities of the FASB—including its recently issued standard on revenue recognition, a joint effort with the International Accounting Standards Board (IASB).

Capital Raising & Corporate Finance

TORONTO, VANCOUVER PARTNER TO FORM RENMINBI TRADING HUB

TRENDS | RENMINBI TRADING Even though Toronto is the center of Canada’s financial industry, much of the country’s trade with China passes through Vancouver. Groups in both cities have decided to work together to promote Canada as a trading hub for the renminbi.

Banking

TURKISH BANKS UNDER FIRE

COUNTRY REPORT | TURKEY: BANKING Turkey’s president is not a fan of them, and an increasing tide of regulation and a growing debt profile make for a difficult operating environment for Turkish banks.

Capital Raising & Corporate Finance

UNLOCKING AFRICA’S RICHES

AFRICA 2014 | MINING Africa’s mining industry is on the verge of breaching limits historically imposed by political risk constraints.