Economics, Policy & Regulation
Germany: Siemens CEO Wields Ax
NEWSMAKERS By Gilly Wright After just over a couple of months as Siemens new CEO, Joe Kaeser has announced he...
Economics, Policy & Regulation
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Economics, Policy & Regulation
India: Ex-Tea Vendor To Bag PM Post?
NEWSMAKERS By KA Badarinath Once a tea vendor, Narendra Modi—now a main candidate for prime minister of India—has come a long way in the past 30 years. The 63-year-old Modi has entered the fray for the May 2014 election race ...
Economics, Policy & Regulation
Italy: Will Letta Get The Boot?
NEWSMAKERS By Valentina Pasquali Against all odds, a broad-based coalition of the center-left and the center-right remains at the helm...
Economics, Policy & Regulation
Japan: Big Hike In Sales Tax Coming
MILESTONES By Tom Clouse Japan will increase its sales tax next year for the first time in more than 15...
Capital Raising & Corporate Finance
Trade: Another Brick In The Bloc
MILESTONES By Gordon Platt The presidents of Colombia, Peru and Chile sat down to lunch with the economy minister of...
Economics, Policy & Regulation
Equity: US JOBS Act Stimulates IPO Activity
CORPORATE FINANCING NEWS By Gordon Platt A new US law that makes it easier for smaller companies to raise equity capital is boosting initial public offerings, analysts say. The Jumpstart Our Business Startups, or JOBS Act, was largely ...
Banking
IMF/World Bank 2013 Annual Meetings
By Valentina Pasquali In conjunction with the International Monetary Fund/World Bank annual meetings in Washington, Global Finance presents its annual IMF/World Bank Issue. When the eurozone logged 0.3% growth in the second quarter of 2013, ending a streak ...
Economics, Policy & Regulation
US: Will Companies Fill In Pay Gap?
MILESTONES By Paula Green The frequently mind-boggling comparison between the pay of a US firm’s chief executive and the company’s rank-and-file employees is finally set to come before the Securities and Exchange Commission this fall. Tucked away in ...
Economics, Policy & Regulation
China Gets Its Very Own FSOC
A newand possibly powerfulfinancial industry regulator has gotten the green light from officials in China. Although the agency has yet...
Economics, Policy & Regulation
Diaspora Dollar Delight: Remittances Give Indian Economy a Boost
According to the World Bank, Indians living abroadknown in economist-speak as Non-Resident Indians/Persons of Indian Origin (NRI/PIO) sent home $70...
Capital Raising & Corporate Finance
Cambodia: Opposition’s Social Media Win
MILESTONES By Thomas Clouse Cambodia’s prime minster Hun Sen and his Cambodian Peoples’ Party will remain in power, following a closely contested and controversial election on July 28. According to preliminary results, the CPP won 68 of 123 ...
Economics, Policy & Regulation
China: Policymakers Push Reforms
EMERGING MARKETS ROUNDUP By Thomas Clouse China’s economy decelerated in the second quarter, with GDP growth dropping to 7.5% year-on-year, compared with 7.7% in the first quarter. The government responded with some stimulus measures, including a tax reduction ...