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Emerging & Frontier Markets

IMF Identifies Reasons For Markets’ Resilience

NEWSMAKERS: EMERGING MARKETS By Anita Hawser Rosy future: Emerging hubs such as Mumbai recovered fast As the dust continues to settle following the recent global financial crisis, the International Monetary Fund is attempting to explain why so many emerging ...

Emerging & Frontier Markets

RBS Branch Sale Sets Off Banking Battle

NEWSMAKERS: PAKISTAN By Nick Kochan Key player: Former central banker, Syed Salim Raza When a struggling Royal Bank of Scotland asked for bids last year for its 79-branch network in Pakistan—acquired as part of ABN AMRO in 2007—it had ...

Emerging & Frontier Markets

Books Excerpt: Losing Control

BOOKS —LOSING CONTROL By Stephen D. King The world is witnessing a massive redistribution of wealth as the West learns it can no longer live beyond its means, says HSBC's group chief economist Stephen D. King, author of ...

Emerging & Frontier Markets

China’s Currency Move Creates Winners And Losers

Emerging Markets Investor: News By Gordon Platt The People’s Bank of China last month announced that it would allow the renminbi to trade more flexibly, bringing an end to the currency’s two-year-old peg to the dollar. While any ...

Emerging & Frontier Markets

Egypt’s Stock Exchange Adds Depositary Receipts

Emerging Markets Investor: DR News By Gordon Platt The Egyptian Exchange, one of the more active stock exchanges in the Middle East and North Africa (MENA) region, has begun trading Egyptian Depositary Receipts (EDRs). The first company to ...

Banking

Gulf Report: Game Changer

ISLAMIC FINANCING BREAKTHROUGH By Anita Hawser GAME CHANGER The arrival of the first globally standardized documentation for privately negotiated Islamic hedging products marks a major breakthrough in Islamic finance and risk management. Compared to the ...

Emerging & Frontier Markets

New Leader Promises To Heal Regional Wounds

NEWSMAKERS: COLOMBIA By Antonio Guerrero Juan Manuel Santos Colombians have reaffirmed their support for conservative politics and economics, electing the newest member of a growing group of right-wing Latin American leaders. President-elect Juan Manuel Santos won the run-off ...

Banking

On The Right Path

ON THE RIGHT PATH By Gordon Platt For the Gulf Cooperation Council (GCC), there have been setbacks on the road to a common currency, which now appears unlikely to be introduced anytime in the next five years, ...
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