Editor's Letter
High Hopes
With the world still reeling from the beating it took during the financial crisis and with many countries rashlyand bafflinglytalking their way into what threaten to be costly and damaging currency confrontations...
News & Features Archive
Join the global community of corporate and public-sector finance industry leaders reading Global Finance monthly in print.
Click Here
Emerging & Frontier Markets
Latin America Focus: Brazil Elections
A TOUGH ACT TO FOLLOW By Denise Bedell Investors are preparing for post-Lula life after Brazil's drawn-out presidential election. When Luiz Inácio Lula da Silva took over as president of Brazil in January 2003, investors and the ...
Capital Raising & Corporate Finance
M&A: Hostile Takeover Bids Increasing
CORPORATE FINANCING NEWS - MERGERS & ACQUISITIONS By Gordon Platt Worldwide mergers and acquisitions are increasing, and the proportion of takeover offers that are unsolicited is at the highest level in at least a decade. The value of ...
Emerging & Frontier Markets
Mexico: Bond Issue Breaks New Ground
MILESTONES: MEXICO By Antonio Guerrero Mexico’s financing needs taken care of with century bond Mexico may have set the stage for a stampede in October when it successfully issued Latin America's first-ever sovereign century bond, a $1 billion, ...
Features
OTC Foreign Exchange Market Turnover By Currency, 1998-2010
Currency Distribution Of Global Foreign Exchange Market Turnover You will need javascript to view this feature. Currency distribution of foreign exchange market turnover reflects the share of overall trading volumes of a particular currency. The US dollar continues to decline ...
Banking
South Africa: HSBC Climbdown Opens Way For Standard Chartered
NEWSMAKERS: SOUTH AFRICA By Nick Kochan Johannesburg: Setback after HSBC pull-out HSBC's decision to walk away from its proposed $8 billion acquisition of a controlling stake in South African bank Nedbank is little short of dramatic. Having announced ...
Banking
Standard Bearers
SECTOR FOCUS — ISLAMIC FINANCIAL SERVICES By Anita Hawser Calls for standardized regulation of Islamic financial services are growing louder in the wake of the global financial crisis. Islamic banks emerged from the recent financial crisis with ...
Award Winners
Stars Of China
ANNUAL REPORT: GENTLY DOES IT. By Thomas Clouse China's rapid recovery after the global financial crisis may yet foreshadow a hard landing as the government struggles to rein in the perennially red-hot real estate market. Real ...
Emerging & Frontier Markets
Sun Shines Bright On Solar Wafer Manufacturer
EMERGING MARKETS INVESTOR: COMPANY TO WATCH By Gordon Platt LDK Solar, based in Hi-Tech Industrial Park, Xinyu City, in China's Jiangxi Province, announced an $8.9 billion five-year strategic financing agreement with China Development Bank, easing a long-running cash ...
Emerging & Frontier Markets
Taiwan: Rate Hikes To Cool Real Estate Market
MILESTONES: TAIWAN By Thomas Clouse On the rise: Taipei prices Taiwan's export orders hit a record high of $34.9 billion in August, up 23.3% year on year, according to the Ministry of Economic Affairs, with orders for IT ...
Emerging & Frontier Markets
The Benefits Of Discipline
INTERVIEW — DURMUS YILMAZ Turkey's central bank governor talks to Anita Hawser about inflation, Europe and how his country managed to weather the recent global crisis so well. The Central Bank of Turkey has a long history of ...
Economics, Policy & Regulation
United Kingdom: Governance Code Puts UK Shareholders In The Hotseat
NEWSMAKERS: UNITED KINGDOM By Anita Hawser Hogg: Code will be catalyst In the wake of the financial crisis, which highlighted the need for higher levels of engagement between the boards of companies and significant shareholders, corporate governance is ...