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WTO Entry Offers Legal, Regulatory Benefits To Laos

MILESTONES: LAOS By Thomas Clouse The Lao People’s Democratic Republic will take the final step in its 15-year campaign to join the World Trade Organization (WTO) this month when the country’s legislature ratifies its membership agreement. Laotian trade ...

Capital Raising & Corporate Finance

Cover: The Relevance Of Stock Exchanges

IDENTITY CRISIS By Udayan Gupta As stock exchanges worldwide try to figure out their role going forward in corporate equity and equity capital raising, companies are starting to question whether there is still value in a public listing. ...

Banking

Milestone: Bulgaria Puts Bid To Join Eurozone On Hold

MILESTONES: BULGARIA By Valentina Pasquali With the eurozone debt crisis dragging on and membership in the currency union becoming increasingly less appealing, the Bulgarian government recently froze its bid to join the eurozone. Bulgarian economy is outperforming its ...

Capital Raising & Corporate Finance

Milestone: Companies Are Cash-Rich, But M&A Is Not In The Cards

MILESTONES: GLOBAL Laurence Neville The global M&A market is moribund: Activity is just a third of the level of five years ago. Skipper, Hogan Lovells: Economic uncertainty is the key barrier to investment Yet, companies are awash with ...

Economics, Policy & Regulation

Milestone: Judging Alternatives To Libor

MILESTONES: UK By Anita Hawser The ongoing controversy surrounding Libor, the global benchmark interest rate used for pricing financial contracts, has sparked a wider debate about the merits of using alternative reference rates. The Bank of England ...

Banking

Milestone: Rial Collapse Could Spell The End Of Irans Government

MILESTONES: IRAN By Michael Shari The collapse of Iran’s currency, the rial, has cut so deeply into the credibility of Iran’s government that it’s inching closer to regime change than it has been since a popular uprising deposed ...

Capital Raising & Corporate Finance

Milestone: Slovenia: Next In Line For A Bailout?

MILESTONES: SLOVENIA By Valentina Pasquali With all eyes on the much larger Spain and Italy, Slovenia might actually turn out to be the next eurozone country in line for a bailout. Bets are on as to whether ...

Banking

Newsmaker: Bermuda Premier Seeks Piece Of Islamic Finance Pie

NEWSMAKERS: BERMUDA By Gordon Platt Paula Cox, Bermuda’s premier and minister of finance, shared the stage with former US president Bill Clinton in New York in September at the C3 Summit, a conference designed to promote relations between business ...

Banking

Newsmaker: Citi’s New Chief Executive Talks Resource Allocation

NEWSMAKERS: UNITED STATES By Gordon Platt CEO Michael Corbat aims to restore Citi’s prestige—and boost its dividend—by operating with extreme efficiency and producing sustainable profits. Corbat’s selection to head Citi was a surprise to many How he ...

Banking

Newsmaker: First Democratically Elected PM An Unknown Quantity

NEWSMAKERS: GEORGIA By Valentina Pasquali Over the past few years, investors’ love story with Georgia flourished under the presidency of Mikheil Saakashvili, who spearheaded a sweeping liberal economic agenda since coming to power a decade ago. Bidzina ...

Banking

Newsmaker: Turkey Transitions To Investment Grade

NEWSMAKERS: TURKEY By Dan Keeler Turkey’s authorities are concerned that the economic boost provided by an upgrade to investment grade by Fitch Ratings could trigger some unwelcome side effects. Erdem Baç says he can keep inflation in check ...

Banking

Polls and Stats: Emerging Markets Lead Higher Education Grads

Tertiary Degree Graduates Aged 25-34 (in millions) </scr ipt> Tertiary Degrees By Percentage of OECD And G20 Total * OECD estimate based on the same average annual growth rate as that observed between 2000 and 2009 + Germany and ...