Emerging & Frontier Markets Archives

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Emerging & Frontier Markets

Emerging Markets : Region Feels Effects Of Global Slowdown

MIDDLE EAST Trouble in paradise: Dubai feels the chill of a global recession. Property prices on Dubai’s upscale Palm Jumeirah, an artificial island shaped like a palm tree, fell sharply late last year. Construction work on the Trump ...

Country Report

Features : Country Report : Taiwan

Policymakers in Taiwan are pulling out all the stops in their response to the global economic slump. Taiwan's president Ma Ying-jeou: Promoting better relations with China. Taiwan is an economic success story. The island, despite political ...

Emerging & Frontier Markets

Features : Eastern Promise

CHINA AND INDIA As the global economy continues to struggle, many are hoping China and India will save the world from a synchronized dive into recession. Growth industry: India's call center business is flourishing. As the United States ...

Emerging & Frontier Markets

Milestones : Ethanol Industry Faces Prospect Of Demand Slump

Brazil Not so sweet: Predicted demand for Brazil's ethanol is falling. Just a year after Petrobras, Brazil’s state-controlled oil company, predicted Brazil would triple its annual ethanol output to around 70 billion liters by 2020, the market ...

Emerging & Frontier Markets

Milestones : Rating Slides As Default Looms

ARGENTINA President Kirchner makes overtures to avoid debt default. After months of analysts’ warnings that Argentina may be facing a new debt default, Standard & Poor’s agreed. The ratings agency lowered Argentina’s sovereign rating on October 31 ...

Economics, Policy & Regulation

Cover Story : Capitalizing on the Crisis

CAPITALIZING ON THE CRISIS RETURN OF THE IMF As crippled nations beat a path to its door, the IMF is enjoying a dramatic return from near-irrelevance. How it wields its revived power and influence will determine its long-term future. ...

Emerging & Frontier Markets

Emerging Markets : Banks Continue Consolidation

BRAZIL Brazil’s banks continued their consolidation trend, with the most recent deal in November creating Latin America’s largest financial group. Itaú, Brazil’s second-largest non-state-owned bank, announced its acquisition of Unibanco, the country’s third-largest, in a stock transaction valued ...

Emerging & Frontier Markets

Emerging Markets : Braced For Global Slowdown

CHINA Chinese authorities in infrastructure spending spree to stimulate economy. China will spend 4 trillion yuan ($586 billion) over the next two years on infrastructure and social welfare projects, the country’s State Council announced on November 9. Policymakers ...

Emerging & Frontier Markets

Emerging Markets : Colombian Cement Maker Starts Level I Adr Program

DR NEWS Cementos Argos, the fifth-largest cement producer in Latin America, began trading its shares in the US over-the-counter market in the form of American depositary receipts. The Medellín, Colombia-based company makes white and gray cement, as well ...

Emerging & Frontier Markets

Emerging Markets : Crisis Starts To Bite Harder

AFRICA Manuel: Rand's slide will help the country balance its books. Johannesburg-based AngloGold Ashanti, Africa’s largest gold producer, hopes to refinance a $1 billion convertible bond before Christmas, despite current market conditions that have all but closed the ...

Emerging & Frontier Markets

Emerging Markets : Dubai Exchange To Boost Local Trading

MIDDLE EAST Dubai's International Financial Exchange: Simplifying access. In an effort to stimulate more trading by local investors, the Dubai International Financial Exchange (DIFX) is now allowing companies to list, trade and clear in UAE dirhams, as well ...

Emerging & Frontier Markets

Emerging Markets : Employment Market Shrugs Off Global Downturn

INDIA Boom from bust: State Bank of India is taking on more staff as business builds strongly. India’s job market appears to have escaped unscathed in the global wave of retrenchment. There were concerns that the outsourcing industry ...