News & Features Archive

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Capital Raising & Corporate Finance

Corporate Finance : Ice Begins Clearing Credit Default Swaps As Counterparty Risk Hits Record High

CORPORATE DEBT The first central counterparty clearinghouse for credit default swaps (CDS) began operating on March 9, the same day...

Capital Raising & Corporate Finance

Corporate Finance : Nyse Lists Carbon Allowances Fund

GLOBAL EQUITY /DRS The calendar of planned initial public offerings in the US was bone dry last month, and the...

Capital Raising & Corporate Finance

Corporate Finance : Record Low For Dollar Not End Of Its Descent

FOREIGN EXCHANGE The dollar fell to a record low against the euro last month and a 25-year low against the British pound following news that US economic growth in the first quarter was the weakest in four years. ...

Technology

Cover Story : Stepping Up

GOING GLOBAL Lacking the financial clout of multinationals or small enterprises’ easy access to government grants, mid-size companies are riding the wave of new technologies and today’s more liberal trading and regulatory schemes to successfully break into foreign ...

News

Editor’s Letter : The Great Enabler

The impact of technology is everywhere. Indeed, there are few areas of a modern company where technology is not enabling rapid and profound change...

Emerging & Frontier Markets

Emerging Markets : Argentine Utility Lists On New York Stock Exchange

DR NEWS Edenor, a Buenos Aires-based electricity distributor, became the 12th Argentina-based company to trade on the New York Stock Exchange, following its initial public offering in the United States and Argentina. The company, also known as Distribution ...

Emerging & Frontier Markets

Emerging Markets : Discount Carrier Plans To Add Hubs

COMPANY TO WATCH: AIR ARABIA/UAE Air Arabia, the first low-cost carrier in the Middle East and North Africa, raised $700 million in its recent initial public offering, the largest IPO ever in the United Arab Emirates. The company’s ...

Emerging & Frontier Markets

Emerging Markets : Economist Says It’s Too Soon For Em Crisis

NEWS Harvard economist Jeffrey Frankel says that we are in the boom phase of the third consecutive cycle of capital inflows to developing countries and that the next emerging-market meltdown won’t happen until about 2010. “It’s the Biblical ...

Emerging & Frontier Markets

Emerging Markets : End Of An Era As Yeltsin Dies

RUSSIA Boris Yeltsin: Russias first freely elected president The death of former Russian president Boris Yeltsin in April marked the end of an era for Russia. Retrospectives in the Russian press of the country’s first freely elected president ...

Emerging & Frontier Markets

Emerging Markets : Making The Grade

BRAZIL Brazil's agricultural output is helping boost its economy Brazil moved closer to a coveted investment-grade rating in May as both Standard & Poor’s and Fitch upgraded the sovereign to BB+ from BB. The rating puts it just ...

Emerging & Frontier Markets

Emerging Markets : Market Resumes Frenzied Growth

CHINA Eureka: New oil and gas deposits in China China’s stock market is again breaking records, with the Shanghai Composite Index surging past the 4,000-point milestone for the first time on May 9. Stock fluctuations early this year ...

Emerging & Frontier Markets

Emerging Markets : Rupee Strengthens To Nine-year High Against The Dollar

INDIA Winds of change: The Indian rupee rises against the dollar The Indian rupee gained nearly 7% over a nine-week period culminating in the second week of May in a nine-year high against the US dollar on increasing ...