News & Features Archive

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Country Report

Country Report: Turkey

EVADING A HARD LANDING By Gordon Platt Turkey’s widening trade and current account deficits are making some investors nervous, but government officials are confident they can keep the fast-growing economy from overheating if they apply the proper mix of fiscal ...

News

Daunting Tasks For Papademos

NEWSMAKERS: EUROPE By Valentina Pasquali Greece’s interim prime minister Lucas Papademos was appointed in November, after much squabbling between the country’s two main political parties. Papademos most qualified candidate for the job Papademos faces the daunting tasks ...

Capital Raising & Corporate Finance

Debt: Yields Bring In Investors

CORPORATE FINANCING NEWS: CORPORATE DEBT By Gordon Platt With market yields nearing 10%, investors rushed back into the high-yield corporate bond market in mid-October to take advantage of low prices and spreads to Treasury bonds of 900 basis ...

Capital Raising & Corporate Finance

DR News: Unsponsored DRs Abound Amid Lack Of New Issues

EMERGING MARKETS INVESTOR: DR NEWS By Gordon Platt The market for new sponsored depositary receipt programs for companies in emerging markets has dried up since the equity market turmoil in August, but there has continued to be a steady ...

Capital Raising & Corporate Finance

EM News: BRIC Exchanges Announce Alliance

EMERGING MARKETS INVESTOR: NEWS By Gordon Platt Stock exchanges in the BRIC countries, plus South Africa, plan to cross-list equity index derivatives as the first phase of a joint initiative announced at the annual meeting of the World ...

Banking

EM Regional Review: Africa

AT A CROSSROADS By Jonathan Gregson Africa is at the cusp of major change. Whether that change involves greater economic growth and an improved standard of living depends on both internal and external events over the next few years. ...

Banking

EM Regional Review: Asia

WAITING GAME By Anita Hawser Asia is watching closely to see what happens to the West's buckling economies. However, intraregional trade growth and ever-increasing trade between the emerging markets will help cushion any impact. Much of the world’s ...

Banking

EM Regional Review: CEE

WINTER OF DISCONTENT By Justin Keay Although there are some bright spots, many CEE countries face the prospect of another economic downturn thanks to tight European ties. For most countries in the postcommunist world, 2011 ...

Emerging & Frontier Markets

EM Regional Review: Introduction

FEAST AND FAMINE By Anita Hawser The emerging markets are affected to a greater or lesser degree by what is happening in the developed world. Those countries and regions that are most closely tied to the ...

Capital Raising & Corporate Finance

EM Regional Review: Latin America

PREPARING FOR THE WORST By Antonio Guerrero Latin American countries are starting to build reserves and diversify economies to brace for a possible global downturn. The question is whether it will be enough to protect the export-driven ...

Banking

EM Regional Review: Middle East

THE ARAB SPRING’S COSTS AND CONSEQUENCES By Gordon Platt Countries in the region are evaluating the economic outcome of social and political upheaval—both the opportunities and the challenges. Commercial International Bank, Egypt’s largest private sector bank, ...

Capital Raising & Corporate Finance

Equity/DRs: Groupon Opens IPO Market

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS By Gordon Platt The US market for initial public offerings sprang to life in November, following a two-month drought. The successful $700 million offering by Groupon, which was the largest IPO by ...