Emerging & Frontier Markets Archives

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Capital Raising & Corporate Finance

FX: Prime Brokerage

READY FOR PRIME TIME By Gordon Platt Trade between emerging market countries is driving a campaign for a new currency order. Future growth of the foreign exchange prime brokerage industry will come from asset managers that are ...

Capital Raising & Corporate Finance

FX: Renminbi Rising

China's trade deficit with the US rose to another record in August, fanning the brush fires that have broken out in the currency markets. Currency issues dominated talks at the annual meetings of the International Monetary Fund and World Bank ...

Capital Raising & Corporate Finance

FX: The Rising Euro

RALLY CAUSES CONCERN AMONG EXPORTERS By Jonathan Gregson After a year in the doldrums, the euro's rise has caught many by surprise. Europe currently looks like the unintended fall guy amidst the beggar-thy-neighbor round of central bank ...

Editor's Letter

High Hopes

With the world still reeling from the beating it took during the financial crisis and with many countries rashlyand bafflinglytalking their way into what threaten to be costly and damaging currency confrontations...

Emerging & Frontier Markets

Latin America Focus: Brazil Elections

A TOUGH ACT TO FOLLOW By Denise Bedell Investors are preparing for post-Lula life after Brazil's drawn-out presidential election. When Luiz Inácio Lula da Silva took over as president of Brazil in January 2003, investors and the ...

Emerging & Frontier Markets

Mexico: Bond Issue Breaks New Ground

MILESTONES: MEXICO By Antonio Guerrero Mexico’s financing needs taken care of with century bond Mexico may have set the stage for a stampede in October when it successfully issued Latin America's first-ever sovereign century bond, a $1 billion, ...

Banking

South Africa: HSBC Climbdown Opens Way For Standard Chartered

NEWSMAKERS: SOUTH AFRICA By Nick Kochan Johannesburg: Setback after HSBC pull-out HSBC's decision to walk away from its proposed $8 billion acquisition of a controlling stake in South African bank Nedbank is little short of dramatic. Having announced ...

Banking

Standard Bearers

SECTOR FOCUS — ISLAMIC FINANCIAL SERVICES By Anita Hawser Calls for standardized regulation of Islamic financial services are growing louder in the wake of the global financial crisis. Islamic banks emerged from the recent financial crisis with ...

Award Winners

Stars Of China

ANNUAL REPORT: GENTLY DOES IT. By Thomas Clouse China's rapid recovery after the global financial crisis may yet foreshadow a hard landing as the government struggles to rein in the perennially red-hot real estate market. Real ...

Emerging & Frontier Markets

Sun Shines Bright On Solar Wafer Manufacturer

EMERGING MARKETS INVESTOR: COMPANY TO WATCH By Gordon Platt LDK Solar, based in Hi-Tech Industrial Park, Xinyu City, in China's Jiangxi Province, announced an $8.9 billion five-year strategic financing agreement with China Development Bank, easing a long-running cash ...

Emerging & Frontier Markets

Taiwan: Rate Hikes To Cool Real Estate Market

MILESTONES: TAIWAN By Thomas Clouse On the rise: Taipei prices Taiwan's export orders hit a record high of $34.9 billion in August, up 23.3% year on year, according to the Ministry of Economic Affairs, with orders for IT ...

Emerging & Frontier Markets

The Benefits Of Discipline

INTERVIEW — DURMUS YILMAZ Turkey's central bank governor talks to Anita Hawser about inflation, Europe and how his country managed to weather the recent global crisis so well. The Central Bank of Turkey has a long history of ...