News & Features Archive

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Emerging & Frontier Markets

Company To Watch: Cencosud/Chile

LATIN AMERICAN RETAILER PLANS $2 BILLION SHOPPING SPREE By Gordon Platt Santiago, Chile–based Cencosud, the largest retailer in Chile by sales and the third biggest in Latin America, plans to issue up to $2 billion of new shares ...

Capital Raising & Corporate Finance

Debt: High-Yield Market Calm Amid Storm

CORPORATE FINANCING NEWS: CORPORATE DEBT By Gordon Platt High-yield bonds remained remarkably stable during the sell-off in global equity markets and the increase in global market volatility last month, but future gains in the prices of these below-investment-grade ...

Emerging & Frontier Markets

DR News: Networking Craze Pays Off For China’s Facebook Clone

EMERGING MARKETS INVESTOR: DR NEWS By Gordon Platt China-based Renren, a copycat of Facebook, became the first social networking site anywhere to be listed on an exchange, with a solid debut on the New York Stock Exchange last ...

Capital Raising & Corporate Finance

DRs: Sovereign Funds Boost Glencore

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS By Gordon Platt Switzerland-based Glencore International, a commodities trading and mining company, could have timed its initial public offering better. Amid the steepest decline in commodity markets in years, Glencore was looking ...

Country Report

Early Days

COUNTRY REPORT: EGYPT By Justin Keay Egypt is still in the very early stages of transition, but if it can establish political stability, its economy should grow strongly over the coming years. If confidence really is the ...

Emerging & Frontier Markets

EM News: Indonesia Draws Nearer To Investment Grade

EMERGING MARKETS INVESTOR: NEWS By Gordon Platt Indonesia’s stock market was expected to take a breather this year, after being one of the star performers of 2010, with an advance of 46%. Instead, the benchmark Jakarta Composite ...

Emerging & Frontier Markets

Emerging Markets Roundup: China

TRADE SURPLUS GROWS SHARPLY By Thomas Clouse China’s trade surplus jumped to $11.4 billion in April, after the country posted its first quarterly deficit in seven years in the first three months of the year. China moves ...

News

Europe Aims To Simplify Securities Clearing Systems

MILESTONES: EUROPE By Anita Hawser How many central securities depositories (CSDs) does Europe need? The European Commission and the European Central Bank believe it is far fewer than the 40 CSDs currently scattered across the continent. The ...

Capital Raising & Corporate Finance

Fast Favorites

SPOTLIGHT: FOREIGN EXCHANGE TRADING By Anita Hawser Technology is enabling faster and more-flexible trading in foreign exchange—and helping drive the rapid rise in daily trading volume. Erik Lehtis, president of Chicago-based Dynamic FX Consulting, has experienced firsthand ...

Capital Raising & Corporate Finance

FX: Big Overseas Investments For China

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt China is planning major investments in foreign companies, including those in the US, in order to help turn its mountain of paper dollars and other currencies into hard assets and ...

Award Winners

Islamic Bank Awards 2011

ANNUAL SURVEY: ISLAMIC FINANCE By Gordon Platt The Islamic finance industry is benefiting from a lack of confidence in the conventional banking sector and is expanding rapidly in emerging markets. The global financial crisis has forced bankers ...

Award Winners

Islamic Bank Awards 2011: By Country

Country Awards Algeria Al Salam Bank-Algeria Al Salam Bank-Algeria was established in October 2008 with capital of $100 million. New rules on Islamic banking in Algeria became effective in January 2011 and are expected to promote the growth of the ...