Recently added articles from Global Finance:
Change Is Upon Us
Feb 01, 2009; ... With the inauguration of President Barack Obama, the United States - and by default the world - has entered a new era. In Obama we have a president who understands you can achieve more through cooperation than by coercion, who believes in individual responsibility and collective action, and who ...
IN OBAMA AMERICA TRUSTS, AT LEAST FOR THE NEXT FEW MONTHS
Feb 01, 2009; ... UNITED STATES President Barack Obama's inauguration on January 20 bordered on a coronation, but the rhetoric will have to be turned quickly into reality if the historic 44th US president's dreams for change are to be realized before adulation turns to frustration. The honeymoon won't ...
ECONOMIC GLOOM HITS BUSINESS CONFIDENCE
Feb 01, 2009; ... UNITED STATES/GLOBAL As the credit crisis deepens and government measures to kick-start bank lending fall short of the mark, the mood among company CEOs, particularly those with operations in Europe and Asia, is beginning to darken. These are the latest findings from a series of surveys ...
SATYAM FRAUD THROWS INDIA'S IT INDUSTRY INTO DISARRAY
Feb 01, 2009; ... INDIA When Satyam Computers' founder, chairman & CEO Ramalinga Raju revealed the depth of the accounting fraud he had perpetuated for more than a decade, investors were left with more questions than answers, particularly about what the revelation means for India's vaunted IT services ...
SLUMPING COPPER PRICES TAKE SHINE OFF GROWTH
Feb 01, 2009; ... CHILE While high copper prices had maintained Chile's economy as Latin America's strongest, it seems the party is over as prices plummet and demand wanes. The South American country, the world's largest copper producer, however, had put away more than $20 billion in windfall profits for ...
EMERGING MARKETS MAY FACE DEEPER PAIN
Feb 01, 2009; ... GLOBAL In the most bearish research report on emerging markets seen by Global Finance since the credit crisis began, an RBC Capital research note published on January 15 claims that most major emerging markets are already in recession and that their predicament is about to get markedly ...
EM ROUNDUP
Feb 01, 2009; ... BRAZIL The Brazilian government returned to international capital markets in January with $1,025 billion in dollar-denominated global bonds maturing in 201 9. The 10-year issue, led by Goldman Sachs and Merrill Lynch, drew a lackluster response from investors, who found more appealing ...
ASIA'S 1 BILLION MUSLIMS BECKON ISLAMIC BANKERS
Feb 01, 2009; ... ASIA-PACIFIC The Asia-Pacific region already accounts for 60% of the world's Islamic banking assets and could be a center of growth for the shariah-compliant finance industry in the future. Islamic banking in the region, which is home to 1 billion Muslims, is growing at a rate second ...
INVESTORS RETURN TO EM BOND FUNDS
Feb 01, 2009; ... NEWS With US treasury bonds offering paltry rates of investors are taking a closer look at emerging market debt as a way to pick up an additional 600 basis points or more of yield. EM bond funds posted inflows in the first week of 2009 for the first time since last August, according to ...
BRAZILIAN MALL OPERATOR UPGRADES RESTRICTED ADRS
Feb 01, 2009; ... DR NEWS Seeking to raise its profile with international investors, BRMalls, Brazil's largest shopping mall operator, upgraded its restricted American depositary receipt program to a Level I facility sponsored by J.P. Morgan. Rio de Janeirobased BRMaIIs offers an opportunity for investors ...
INSTANT MESSAGING CRAZE SWEEPS CHINA
Feb 01, 2009; ... COMPANY TO WATCH: TENCENT HOLDINGS/CHINA Instant messaging (IM) has become a cultural phenomenon in China. Tencent Holdings is a Hong Kong-listed company with the bulk of its assets in China, where its QQ brand controls 80% of the IM market. Shenzhen-based Tencent is expanding ...
FEAR FACTOR
Feb 01, 2009; ... DEFLATION US policymakers have already braced themselves for a bout of deflation, and many corporations are quaking at the prospect of price declines. Some are wondering, though, how bad can it really get? That the global economy, and most particularly the US economy, is set for ...
Carbon Trade-Up CO2
Feb 01, 2009; ... CARBON TRADING Barack Obama's support for carbon trading will help strengthen an already growing market. olstered by Europe's legislative advances to tackle climate change and US president Barack Obama 's firm backing for a government-run system to cap-and-trade polluting carbon ...
Back To Basics
Feb 01, 2009; ... SOVEREIGN WEALTH FUNDS A series of disastrous investments in Western banks and mounting pressure to invest locally is prompting a sea change in sovereign wealth funds' investment attitudes. Last year may go down in the history books as the year when the world's financial markets ...
Tightening The Supply Chain
Feb 01, 2009; ... SUPPLY CHAIN FINANCE Just a short while ago, supply chain finance was seen as a novel luxury. For many corporations now it could be the key to survival - and future prosperity Corporations are changing the way they look at supply chain finance (SCF) in the face of the economic ...
Desperate Measures
Feb 01, 2009; ... CORPORATE FRAUD Crumbling asset values and wild volatility have left a trail of disaster in their wake. They also exposed some truly shocking frauds. In the words of acclaimed financier and investor Warren Buffett of Berkshire Hathaway, "Only when the tide goes out do you ...
Fuel For The Growth Engine
Feb 01, 2009; ... Banks and corporations will both play key roles in helping China to continue driving the worlds economic growth. Over the past decade, China's government has been working on an ambitious plan to improve the health, transparency and effectiveness of its country's sprawling banking system ....
CHINA'S NEW STARS: BANKS
Feb 01, 2009; ... CITY COMMERCIAL BANK OF BEIJING The Bank of Beijing has aggressively expanded outside its home territory, opening branch offices in Shanghai, Tianjin, Xi'an and Shenzhen as well as a representative office in Hong Kong. The bank has also extended its range of services, offering ...
CHINA'S NEW STARS: COMPANIES
Feb 01, 2009; ... AUTOMOBILE BYD AUTO BYD Auto was formed in 2003 when IT company and battery-producer BYD Company purchased Tsinchuan Automobile Company. BYD built on its IT expertise to produce some of China's most innovative automobiles. BYD's F3 model led China's compact car segment in ...
TAKING THE RISK OUT OF WORLD TRADE
Feb 01, 2009; ... BEST TRADE FINANCE BANKS Trade finance banks are enjoying rising demand for basic risk management services as world trade faces a difficult period. Global trade is expected to decline in 2009 for the first time since 1982, according to the World Bank, but trade finance services ...