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Capital Raising & Corporate Finance

Frontier Markets Report: Ghana

STAKING ITS CLAIM By Dan Keeler A history of stability, a growing middle class and a rapidly expanding economy are among the key assets of this West African gem. Photo Credits: REUTERS / YAW BIBINI Ghana has ...

Banking

Market Focus: Asian Investment Banking

ANOTHER LEAN YEAR By Arthur Clennam Investment banks in Asia are facing a reduced deal pipeline and slashing their fixed-income, currencies and commodities units. But a flurry of small-scale Chinese IPOs in Hong Kong could add cheer to ...

Capital Raising & Corporate Finance

Milestone: Comesa Seeks Funding From Within To Drive Down Trade Finance Costs

MILESTONES: AFRICA By Alfred Sayila With member states’ foreign exchange reserves reaching a record $112 billion in 12 years, countries in the Common Market for Eastern and Southern Africa (Comesa), Africa’s leading trade body, may soon have a cheap new ...

Emerging & Frontier Markets

Milestone: Drama-Free Year Expected For Asean

MILESTONES: BRUNEI By Thomas Clouse The small country of Brunei Darussalam must navigate challenging terrain in the coming months after taking over the chairmanship of Asean at the beginning of the year. Brunei, whose approximately 400,000 citizens enjoy one ...

Economics, Policy & Regulation

Newsmaker: Belka Navigates Choppy Economic Waters in Poland

NEWSMAKERS: POLAND By Justin Keay Poland’s central bank governor, Marek Belka, marked the start of the New Year with an interview to a leading business newspaper in which he claimed Poland had experienced “the perfect slowdown” rather than the slump ...

Economics, Policy & Regulation

Newsmaker: Blast From The Past As Park Geun-Hye Is Elected PM

NEWSMAKERS: SOUTH KOREA By Thomas Clouse South Korea will swear in 60-year-old Park Geun-hye as the country’s first female prime minister this month, after she narrowly defeated her more liberal competitor, Moon Jae-in, in the general election in December. ...

Economics, Policy & Regulation

Newsmaker: Venezuelan Successor Fails To Allay Concerns Over Power Vacuum

NEWSMAKERS: VENEZUELA By Valentina Pasquali As Hugo Chávez’s 13-year-long domination of Venezuelan politics is overshadowed by ill health, speculation over who will carry on his legacy is largely focused on vice president Nicolás Maduro Moros, whom Chávez himself appointed as his ...

Emerging & Frontier Markets

Regional Focus Caucasus

BEYOND OLD BOUNDARIES By Justin Keay Oil wealth, a favorable location and buoyant economic growth have thrust Azerbaijan, Armenia and Georgia onto the international stage. However, regional conflicts, political tensions and corruption are never far away. “The ...

Capital Raising & Corporate Finance

Securities Lending In Emerging Markets

JUMPING THROUGH HOOPS By Kathryn Tully In the hunt for demand and revenue, securities lending in emerging markets sounds perfect, but big obstacles still curtail liquidity. Faced with falling demand and tighter regulation in North America and ...

Capital Raising & Corporate Finance

Billion-Dollar Woman Dressed For Success

NEWSMAKERS: NIGERIA By Valentina Pasquali A 61-year-old Nigerian oil tycoon is now the richest black woman in the world, having recently overtaken American entertainment mogul Oprah Winfrey for the title. Her name is Folorunsho Alakija and she ...

Country Report

Country Report: Kuwait

SURMOUNTING THE STATUS QUO By Justin Keay Despite its wealth and strong banking sector, Kuwait is being held back by its failure to invest internally and diversify away from oil. The demonstrations that preceded—and followed—Kuwait’s parliamentary elections ...

Capital Raising & Corporate Finance

Cover: A New Economic Model For China

THE HUNT FOR INTERNAL GROWTH By Laurence Neville China is in the midst of an economic makeover to increase domestic consumption and reduce reliance on external markets for growth. But how far are policymakers willing to go, and ...