Emerging & Frontier Markets
Editor’s Letter: Food For Thought
Just as the financial world was breathing a sigh of relief amid signs that the worst of the credit crunch was over, another, potentially more serious, crisis has emerged...
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Emerging & Frontier Markets
Emerging Markets : Acquisition Crumbles
BRAZIL Brazilian mining giant Vale walked away from Xstrata acquisition talks. Vale, the Brazilian mining giant formerly known as CVRD, decided to walk away from its proposed $90 billion acquisition of Swiss miner Xstrata after both sides failed ...
Emerging & Frontier Markets
Emerging Markets : Company To Watch: Ecopetrol/Colombia
OIL PRODUCER PLANS TO BE BIG SPENDER Ecopetrol, Colombia’s state-owned oil company, says it hopes to list its shares on the New York Stock Exchange later this year, following a further privatization to help finance an aggressive spending ...
Emerging & Frontier Markets
Emerging Markets : Economy Set To Pass Germany’s
CHINA Pro-Tibetan protests have dogged the run-up to the Beijing Olympics. China upwardly revised its 2006 and 2007 gross domestic product (GDP) growth numbers, pushing the country closer to surpassing Germany to become the world’s third-largest economy. According ...
Emerging & Frontier Markets
Emerging Markets : Growth Remains Strong But External Threats Increase
AFRICA Botswana's new president, Seretse Ian Khama. Economic growth in sub-Saharan Africa is set to continue strongly this year, according to the International Monetary Fund, which says the region is “better placed today to withstand a worsening of ...
Emerging & Frontier Markets
Emerging Markets : India Targets $200 Billion Exports For 2008-2009
INDIA Indian automobile manufacturers are scaling up production, unfazed by rising inflation. The Indian commerce ministry has announced that it has set India’s export target at $200 billion for 2008-2009. This export target is a part of India’s ...
Emerging & Frontier Markets
Emerging Markets : Inflation Flares But Cool Heads Prevail
MIDDLE EAST GCC monetary leaders are pressing ahead with plans for a single currency, despite pressures to revalue. Central bank governors from the six member states of the Gulf Cooperation Council (GCC) gathered in Doha, Qatar, in April ...
Emerging & Frontier Markets
Emerging Markets : Putin Prepares For Life After Presidency
RUSSIA Putin: He may find it hard to play second fiddle. With relations between Russia and the West at post-Cold War lows, US president George Bush met with Russian president Vladimir Putin in early April in Sochi, Russia, ...
Emerging & Frontier Markets
Emerging Markets : Rwanda Exchange Trading Bonds
DR NEWS Zhaikmunai, an independent oil and gas exploration business based in Kazakhstan, has concluded the first-ever listing of global depositary receipts on the London Stock Exchange by a limited partnership. Zhaikmunai raised $100 million in its offering last ...
Emerging & Frontier Markets
Emerging Markets : Us Agency Backs African Debt Fund
NEWS The Overseas Private Investment Corp. (OPIC), a US development finance organization, has committed up to $100 million in initial funding for a sub-Saharan debt fund to be managed by Standard Bank of South Africa. The Standard Africa Development ...
News
Features : Funds Managers
FUNDS MANAGERS SPONSORED ROUNDTABLE Global Finance brings together a group of experts to discuss recent developments in the industry. Global Finance: SEPA credit transfers went live on January 28 of this year. What has been the experience of banks and ...
Country Report
Features : Sweet Spot For The Philippines
COUNTRY REPORT: THE PHILIPPINES The Philippines seems to be avoiding the worst of the global market slowdown, but there have been a few hiccups along the way. The financial Makati district in Manila is not feeling the pinch of ...