News & Features Archive
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Capital Raising & Corporate Finance
Corporate Finance : Companies Cancel Ipos As Markets Tumble
GLOBAL EQUITY/DRS There were only five initial public offerings in the US market in the third quarter, with no IPO activity after early August. In Europe, withdrawn IPOs were at the highest level in the ...
Capital Raising & Corporate Finance
Corporate Finance : Credit Crunch And A Slowing Economy Crimp Worldwide Buyout Activity, Putting Strategic Buyers In Control
MERGERS & ACQUISITIONS Worldwide announced mergers and acquisitions in the first three quarters of 2008 declined by 25% from the same period a year earlier, according to Thomson Reuters, reflecting the effects of the credit crunch ...
Capital Raising & Corporate Finance
Corporate Finance : Frozen Credit Markets Unmoved By Rate Cuts
CORPORATE DEBT Credit markets remain stalled despite heroic efforts by global central banks, regulators and governments to restore confidence in the financial system. A lack of liquidity has made issuing new high-yield bonds almost ...
Capital Raising & Corporate Finance
Corporate Finance: Dollar Shoots Higher Amid Financial Crisis
FOREIGN EXCHANGE As the financial crisis shook Europe’s banks last month, the European Central Bank joined in a coordinated half-point rate cut with the Federal Reserve, the Bank of England and other central banks, excluding the Bank ...
Economics, Policy & Regulation
Cover Story: Bitter medicine
BITTER MEDICINE GLOBAL REGULATION The case for global regulation of the banking and finance industry has become much stronger as a result of the recent crisis. The prospect of creating a workable system, though, is as remote as ...
Emerging & Frontier Markets
Editor’s Letter: Opportunity lost
With the global financial system on life support, the old world order has been crumbling with alarming speed..
Emerging & Frontier Markets
EM Investor : Infrastructure Etf Debuts On Nyse Arca
NEWS Invesco PowerShares last month listed a new exchange-traded fund (ETF) on NYSE Arca that focuses on infrastructure construction in emerging market countries. Demand for infrastructure tends to be inelastic because of long-term trends such ...
Emerging & Frontier Markets
EM Investor: Colombian Oil Company Lists On New York Stock Exchange
DR NEWS Ecopetrol, Colombia’s state-controlled oil company, which sold a 10.1% stake to the public last year, has become only the second company based in Colombia to list American depositary receipts on the New York Stock Exchange. Bancolombia ...
Emerging & Frontier Markets
EM Investor: Latin Steelmaker Builds Empire
<p>COMPANY TO WATCH: GERDAU/BRAZIL As the global steel industry consolidates, Brazil’s Gerdau is on the prowl. The company already is the largest producer of long steel in the Americas, where it has operations in a dozen countries. It ...</p>
Emerging & Frontier Markets
Emerging Markets : Confidence Declines As Exports Tumble
CHINA China's exporters are feeling the effects of a global economic slowdown. China’s central bank released three surveys—of banks, consumers and companies—in late September reflecting falling confidence in the country’s economy. According to the survey of companies, ...
Emerging & Frontier Markets
Emerging Markets : Disaffected Investors Turn Sights On Africa
AFRICA Kampala in Uganda, where African leaders discussed plans for growing investment. East Africa may benefit from the recent turmoil on global financial markets, as investors seek less risky and higher yielding markets. Speakers at September’s ...