Banking
Kuwait Shrugs Off Cheap Oil
Riding a wave of government spending, Kuwait’s financial institutions are thriving despite the drop in petroleum revenues—for now.
Emerging & Frontier Markets
Join the global community of corporate and public-sector finance industry leaders reading Global Finance monthly in print.
Click Here
Capital Raising & Corporate Finance
Myanmar’s Bourse Has Potential, But No Listings
In Myanmar, Asia’s odd man out and a global pariah for decades, small signs of progress mean a lot. So the early December launch of the Yangon Stock Exchange (YSX) was a big deal—even if no stocks trade there yet.
Capital Raising & Corporate Finance
New Lending Rules To Help Ukraine
The International Monetary Fund decided last month to alter its long-standing policy of not lending to countries with arrears to official creditors—national governments or agencies they sponsor—thereby enabling it to continue lending to Ukraine should it fail to repay on time a $3 billion bond due to Russia.
Economics, Policy & Regulation
Turkey’s Şimşek: A Reformer In Their Midst
Turkey
When the Justice and Development Party (AKP) swept elections in November, financial markets were focused neither on prime minister Ahmet Davutolu, nor on president Recep Tayyip Erdoan. All eyes were on new deputy prime minister Mehmet imek, the former Finance minister, who may be the only reformer within the largely statist AKP.
Economics, Policy & Regulation
A Great Divide
Central Europe and the Southeast revive, while the CIS struggles with low oil prices and sanctions.
Emerging & Frontier Markets
Emerging Markets Special Issue 2015
An expanding middle class and strong long-term fundamentals suggest that pessimism over developing nations’ economic prospects may be overdone.
Capital Raising & Corporate Finance
FX: Free To Use, But Not To Trade
Capital Markets | Foreign Exchange Controls
In early November, Chinese Communist Party leaders announced plans to make the renminbi a “freely tradable and usable currency” by 2020—when the latest five-year development plan is set to finish—according to a statement by the party’s Xinhua News Agency.
Economics, Policy & Regulation
Latin America Cleans Up Its Act
Grassroots anti-corruption movement promises new era of transparency.
Banking
New Reality In The Gulf: Austerity
Nations slash subsidies in the face of cheap oil and regional conflicts.
Economics, Policy & Regulation
Not All Alike
In our annual special issue on emerging markets, we take a macro and regional view of the new realities (yes, more than one) that have developed over the past year. There are quite a few surprises.
Capital Raising & Corporate Finance
Renminbi Takes A Hit As Trade Volumes Fall
Capital Markets | Renminbi
The renminbi dropped a position in October, going from fourth to fifth, in terms of its use as a currency for international payments, according to the latest SWIFT Renminbi Tracker report.
Economics, Policy & Regulation
Squeezed Between Dragon And Eagle
Asia’s emerging economies fight to diversify from China and the US.