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Emerging & Frontier Markets

Suu Kyi Heralds A New Era Of Reform In Myanmar

NEWSMAKERS: MYANMAR By Kim Iskyan By winning a seat in the country’s parliament in early-April by-elections, Myanmar dissident leader Aung San Suu Kyi ushered in a new era in the history of the country formerly known as Burma. ...

News

Thorsten Heins Hits First Stumbling Block At RIM

NEWSMAKERS: CANADA By Luca Ventura On March 29, telecoms company Research In Motion posted its first loss in seven years. Tough road ahead for RIM chief Thorsten Heins Photo Credit : REUTERS/EDUARDO MUNOZ It was not what shareholders had ...

Emerging & Frontier Markets

Tough Times Ahead For New Chief Executive Of Hong Kong

NEWSMAKERS: HONG KONG By Thomas Clouse Newly elected Hong Kong chief executive Leung Chun-ying will face challenges on multiple fronts when he starts his new job on July 1. All smiles: A win for Leung but voters are ...

Emerging & Frontier Markets

Water Company Launches First Cambodian Domestic IPO

MILESTONES: CAMBODIA By Thomas Clouse Cambodia’s Phnom Penh Water Supply Authority (PPWSA) became the country’s first domestically listed company in April after launching a $20.5 million IPO. Water Supply Authority is first to list on Cambodia Exchange The company ...

Banking

Could Cooperatives Change The World?

MILESTONES: GLOBAL By Paula Green Would the global economic crisis have been so severe if cooperative banks—which create value for their members as they achieve profits—ruled the financial world? And would the European Union and many of their banks ...

Economics, Policy & Regulation

Cover: Politics And Sovereign Ratings

POLITICS AND THE SOVEREIGN RATING By Michael Shari The debate rages on as to whether recent sovereign downgrades were politically motivated, or whether the ratings agencies were simply slow to act on decisions made long before. Stakeholders worldwide are ...

News

Feinberg Departs After BP Oil Spill Settlement

NEWSMAKERS: UNITED STATES By Gordon Platt Kenneth Feinberg, the Boston-bred lawyer who oversaw the process of paying out billions of dollars to victims of the 2010 oil spill in the Gulf of Mexico, was relieved of his duties last month, ...

News

Former PM Stands Trial As Outlook Improves For Iceland

NEWSMAKERS: ICELAND By Luca Ventura As his trial commenced in March in Reykjavik, Geir Haarde, the former prime minister of Iceland, was the first world leader to face criminal charges over the 2008 financial crisis. Haarde, 60, could serve up ...

Capital Raising & Corporate Finance

Free Float Frees Up Sri Lankan Rupee

MILESTONES: SRI LANKA By Kim Iskyan After months of conjecture, Sri Lanka’s central bank announced on February 9 that it would no longer defend the rupee at a particular level—in effect, allowing it to float. The move spooked investors, ...

Capital Raising & Corporate Finance

New Forms Of Collateral To Bolster European Repo Market

MILESTONES: EUROPE ByAnita Hawser With the European Central Bank temporarily suspending the use of Greek bonds as collateral in return...

News

Nigerian Candidate Breaks The World Bank Mold

NEWSMAKERS: GLOBAL By Luca Ventura When Robert Zoellick announced in February that he would leave the World Bank in June, at the expiration of his five-year term as president, initial speculation over his possible successor revolved around the usual ...

News

Reding Lobbies For Board Member Quotas

NEWSMAKERS: EUROPE By Valentina Pasquali In the European Union, women comprise 60% of university graduates but only about 12% of corporate board members. Reding: Tackling red-hot issues such as gender parity The European Commission has decided to take action ...