News Archives

Join the global community of corporate and public-sector finance industry leaders reading Global Finance monthly in print.

Click Here

Emerging & Frontier Markets

Multilatinas Extend Reach Into Developed Markets

MILESTONES: LATIN AMERICA By Antonio Guerrero While Latin America led the world in FDI growth last year, the region’s companies also forged ahead with an aggressive international expansion drive. Drive thru: Latin America buys up US brand ...

Emerging & Frontier Markets

Signs Of Change After Watershed Election

NEWSMAKERS: SINGAPORE By Thomas Clouse Singapore’s founding father Lee Kuan Yew resigned his cabinet post on May 14 after his party, the People’s Action Party (PAP), garnered just over 60% of the popular vote, its weakest showing since ...

News

Strauss-Kahn Arrest Adds Drama To IMF Succession

NEWSMAKERS: GLOBAL By Luca Ventura While the shocking arrest in May of IMF managing director Dominique Strauss-Kahn in connection with an alleged sexual assault dominated the news all over the world, it only complicated a plot that was ...

Emerging & Frontier Markets

Thailand Braced For More Political Turmoil

MILESTONES : THAILAND By Thomas Clouse The people of Thailand will soon go to the polls following a royal decree last month dissolving the lower house of parliament and calling for elections on July 3. Thai PM ...

News

US Finance Industry Assess Galleon Ruling

MILESTONES: UNITED STATES By Anita Hawser It may have taken only 12 days of deliberations for the jury in the Galleon trial to convict Raj Rajaratnam, the co-founder of Galleon Group, of 14 counts of securities fraud, but ...

News

Voice Of Moderation Leaves FDIC

NEWSMAKERS: UNITED STATES By Gordon Platt Sheila Bair, the populist bank regulator who warned in advance that the subprime mortgage crisis was coming, is stepping down on July 8 as chairman of the Federal Deposit Insurance Corporation. ...

News

Bernanke Heralds A New Era Of Fed Openness

NEWSMAKERS: UNITED STATES By Anita Hawser With the US economy still in recovery mode, monetary policy decisions of the Federal Reserve can have a major impact on which way the markets move. Bernanke opens up But now, ...

News

Boehner Blinks In Budget Showdown With Obama

NEWSMAKERS: UNITED STATES By Gordon Platt Speaker of the US House of Representatives John Boehner told his fellow Republicans to prepare for a government shutdown last month, as the standoff with Democrats on the budget came down to ...

News

FSA Plans To Go Out With A Bang

MILESTONES: UNITED KINGDOM By Anita Hawser Before the 2008 financial crisis ripped through the world’s markets, the UK’s Financial Services Authority was renowned for its light-touch approach to regulation. Davies, RPC: Big jump in FSA fines In ...

Emerging & Frontier Markets

Medvedev Launches Drive To Improve Investment Climate

MILESTONES : RUSSIA By Kim Iskyan The much-maligned Russian investment environment may actually be on the verge of real improvement — if president Dmitry Medvedev has his way. Medvedev promises improvements in the business climate In late ...

News

New Leaders Face Tricky Economic Balancing Act

MILESTONES: CANADA By Erik Heinrich As Canada heads early this month into its fourth federal election in seven years, policymakers are facing serious questions over the prospects for the country’s economy. Canada slows spending The Bank of ...

News

Portugal’s Leaders Left With Few Option

MILESTONES : PORTUGAL By Anita Hawser Sovereign debt in the eurozone is back in the headlines again, with Portugal going cap in hand to the European Union and asking for an emergency bailout. Debt burden leaves little ...