News & Features Archive

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Capital Raising & Corporate Finance

Corporate Finance: Dollar Gets Drafted In War On Inflation

FOREIGN EXCHANGE Federal Reserve chairman Ben Bernanke gave the dollar a powerful boost last month with his observation that a weak dollar was contributing to imported inflation. Even before Bernanke gave his noteworthy speech at an international monetary ...

News

Editor’s Letter: Carbon Cop-out

Few people would now argue that something needs to be done to arrestand perhaps reversethe growth of emissions that are contributing to global climate change...

Emerging & Frontier Markets

EM Investor : Clean-coal Firm Raises $1.3 Billion

COMPANY TO WATCH: PT ADARO ENERGY/INDONESIA Jakarta-based PT Adaro Energy, the holding company of Indonesia’s second-largest coal producer, raised $1.32 billion in the country’s biggest initial public offering ever by selling 34.8% of its share capital. PT Danatama ...

Emerging & Frontier Markets

EM Investor : Global Investment House Issues First Kuwaiti Drs

DR NEWS Global Investment House, an asset management and investment banking company operating in 16 countries in the Middle East and North Africa (MENA), has become the first Kuwait-based company to issue depositary receipts. The issue of 35% ...

Emerging & Frontier Markets

EM Investor : Indian Firms Find Welcome At Aim

NEWS KSK Emerging India Energy Fund (KEF) raised $200 million in June on London’s Alternative Investment Market (AIM). It was the fourth India-focused company to raise funds on AIM in as many weeks. The equity offering came at ...

Emerging & Frontier Markets

Emerging Markets : Kenya Calling

AFRICA Kenya's mobile communications industry flourishes following IPO of Safaricom. A June IPO by Kenyan mobile operator Safaricom was oversubscribed by 532%, according to Kenya’s finance minister Amos Kimunya. The government exercised a provision allowing ...

Emerging & Frontier Markets

Emerging Markets : Markets Suffer As Prices Rise

INDIA RBI governor YV Reddy may tighten interest rates. Indian banks have continued to grow credit at a very rapid pace since the start of the new fiscal year on April 1. ...

Emerging & Frontier Markets

Emerging Markets : Medvedev Makes His Mark

RUSSIA Russia's new president Dmitry Medvedev, on his first international outing, with German leader Angela Merkel. Newly anointed Russian president Dmitry Medvedev used his first foreign visit—to Germany—to signal the Kremlin’s continued ...

Emerging & Frontier Markets

Emerging Markets : Soaring Surplus Channeled Into Wealth Fund

BRAZIL Mantega: Expects wealth fund to grow sharply. The Brazilian government increased its primary budget surplus by 0.5% of GDP, or some $7.9 billion, as part of a plan to finance its ...

Emerging & Frontier Markets

Emerging Markets : Taiwan And China Strengthen Ties

CHINA Fuel up: China's rising inflation rate is causing official concern. China and Taiwan agreed in June to open representative offices in each other’s capitals to promote better communication between ...

Emerging & Frontier Markets

Emerging Markets: “Green” City Rising Near Abu Dhabi

MIDDLE EAST Sustainable development: Abu Dhabi plans to create an eco-friendly city. Abu Dhabi, capital of the United Arab Emirates, the world’s third-largest oil exporter, is building a $22 billion carbon-neutral city near its international airport. Known ...

Capital Raising & Corporate Finance

Features : Changing Investment Strategies

CHANGING INVESTMENT STRATEGIES CORPORATE TOOLBOX / SHORT-TERM INVESTING Credit market turmoil has forced corporate treasurers to re-evaluate their investment strategies. They are scrutinizing short-term investments for their strength and creditworthiness and demanding much greater information from the banks with whom ...