Capital Raising & Corporate Finance
Vietnam Devalues The Dong Amid An Improving Economy
Vietnam | In May, Vietnam’s central bank once again devalued the country’s currency, the dong—the second such adjustment since January.
News
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News
Year Of The Renminbi: Is Full Convertibility Around The Corner?
As trade denominated in yuan continues to rise at a phenomenal rate, its significance to global markets is quickly increasing. But even as the IMF considers adding renminbi to the basket of SDR reserve currencies and China’s global political clout rises commensurately, the country has yet to fully liberalize its markets—or its currency.
Capital Raising & Corporate Finance
CARIBBEAN ECONOMY | WEATHERING THE STORM
Special Report | The Caribbean
The Caribbean’s economies are expected to improve this year on the back of growth in tourism, but the economic climate remains frail with the drop in oil prices proving a mixed bag for countries in the region.
Capital Raising & Corporate Finance
COMPLIANCE GOES GLOBAL: THE UNAVOIDABLE COSTS OF INCREASING REGULATION
Cover Story | Compliance
As the US has extended its regulatory reach beyond its own borders, other jurisdictions have followed its lead. Global corporations face an ever-growing burden in maintaining compliance with increasingly complex regulatory and reporting regimes. This is affecting their budgets, their structuring and also their strategy.
Banking
CUBA | BANKS AWAIT MARKET OPENING
Global Finance talked money laundering, Cuba and banking regulation with David Schwartz, president and CEO of the Florida International Bankers Association, a nonprofit representing financial institutions in the US, Latin America, the Caribbean and Europe.
Capital Raising & Corporate Finance
FRANCE | GOVERNMENT UPS ITS STAKE IN RENAULT
Milestones | France
The French government temporarily increased its stake in French carmaker Renault to nearly 20% ahead of the company’s annual general meeting in April.
Capital Raising & Corporate Finance
HAS IRAN FINALLY COME IN FROM THE COLD?
Milestones | Iran
It may have taken 12 years to reach, but the framework agreement struck between the so-called P5+1 (Russia, China, France, Britain, and the US, plus Germany), the European Union and Iran has enough momentum, say analysts, to yield a full accord by June 30.
Economics, Policy & Regulation
ISRAEL | ECONOMIC REFORMS COMPLICATE NETANYAHU’S FOURTH TERM
Newsmakers | Israel
Israeli prime minister Benjamin Netanyahu’s success among center-right political parties, which saw him recently elected for a fourth term, may have provided a stable political platform, but international pressure and recent social unrest could see the country change economic direction.
Capital Raising & Corporate Finance
NICARAGUA’S GRAND CANAL AMBITIONS FAIL TO WOO VOTERS
Newsmakers | Nicaragua
When Nicaraguan president Daniel Ortega announced last December a plan to construct a controversial transoceanic waterway that would provide an alternative to the Panama Canal, he vowed the project would create jobs and bring prosperity to the hemisphere’s second-poorest nation.
Economics, Policy & Regulation
NIGERIA | BUHARI’S SECOND COMING AS PRESIDENT
Newsmakers | Nigeria
Nigeria’s presidential election proved the bookmakers both right and wrong.
Capital Raising & Corporate Finance
SINGAPORE | LIFE AFTER LEE
Milestones | Singapore
During the state funeral cortege of Lee Kuan Yew, Singapore’s founding prime minister, Singaporeans were urged to salute rather than take photos using their smartphones, a vivid reminder of the government’s preoccupation with political correctness.
News
SUPPLY CHAIN | STAYING NIMBLE
Special Report | Supply Chain Risk Management
The treasury team is now critical to making supply chains more flexible while mitigating risks.