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Emerging & Frontier Markets

ASEAN Moves Closer To Political Cohesion

MILESTONES: ASIA By Thomas Clouse The Association of Southeast Asian Nations took another step toward political cohesion in late July, agreeing jointly with China to nonbinding guidelines for settling competing territorial claims in the South China Sea. South China Sea—still ...

News

Stars of China Call for Entries 2011

Related Downloadables Stars of China Call for Entries 2011 PDF

Emerging & Frontier Markets

Businesses On Tenterhooks After Leftist Wins Peru Election

NEWSMAKERS: PERU By Antonio Guerrero Humala: Investors’ friend? The election of leftist leader Ollanta Humala as president of Peru after a June run-off has unleashed concerns among the business leaders who feel the former coup-plotter may impose radical ...

News

Draghi Faces No-Win Situation As Europe’s Central Banker

NEWSMAKERS: EUROPE by Anita Hawser Draghi: Will face scrutiny Despite attempts to block his candidacy, Bank of Italy governor Mario Draghi will become the new president of the European Central Bank (ECB) when Jean-Claude Trichet retires in October. ...

Banking

Jamie Dimon Leads Banks’ Basel III Battle

NEWSMAKERS: UNITED STATES by Gordon Platt Dimon, JPMorgan: Questioning cumulative effect of reforms As head of the most profitable US bank, JPMorgan Chase, CEO Jamie Dimon is a natural choice to lead the industry in its battle to ...

News

O’Leary Lights Up Paris Air Show With China Agreement

NEWSMAKERS: IRELAND by Gordon Platt Full throttle: Ryanair powers up its fleet with giant order Michael O’Leary, chief executive of Ryanair, Europe’s largest low-cost airline, stole the limelight at the Paris Air Show in June by signing an ...

Emerging & Frontier Markets

Asian Infrastructure Finance Gets International Boost

MILESTONES: ASIA by Denise Bedell Charged up: Investment should enhance power grid Vietnam’s National Power Transmission Corporation (NPT) has launched a $200 million, 13-year infrastructure finance facility that demonstrates the growing enthusiasm among international investors for financing Asian ...

Capital Raising & Corporate Finance

Dim Sum Best Served At Low Rates

COVER STORY — RENMINBI RISING By Michael Shari Multinationals are positioning themselves to capture lucrative gains from the internationalization of China’s currency. When McDonald’s became the first non-Chinese corporation that was allowed to issue a bond denominated ...

News

Domestic Group Makes Move To Buy Canadian Exchanges

MILESTONES / CANADA by Erik Heinrich Near-monopoly: Bid faces antitrust scrutiny The London Stock Exchange (LSE) has been stymied in its attempt to take over Canada’s TMX Group, parent of the Toronto and Montreal exchanges and the TSX ...

Banking

Regulators In The Driver’s Seat

SIBOS 2011— REGULATION By Denise Bedell Companies—and their banks—are increasingly mindful of how regulatory changes, such as the introduction of Basel III, will affect their corporate banking activities and the cost of banking services. Wholesale banking activities—in ...

Banking

Special Report: Sibos 2011

SIBOS 2011 Change is in the air at this year’s annual Sibos conference in Toronto. Hosted by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), the conference provides a forum for the world’s biggest corporate and investment banks to ...

Banking

The Trade Revolution

SIBOS 2011— TRADE FINANCE By Denise Bedell Trade finance is in the midst of wrenching changes, and banks must keep pace with them or face loss of market share and a deterioration of their client base. The ...