INDIAIt's been rough going for India's airline industry recently. High fuel prices, the global economic downturn and cutthroat competition for the domestic market have burdened carriers like flagship Air India and privatelyowned Kingfisher and Jet Airways...
BANGLADESHBangladesh is one oí the more intriguing frontier market economies for foreign investors. In 201 1 its GDP rose an estimated 6.3%. But a volatile political environment and an economy that is not immune to the larger global picture has affected...
Intellectual property, once an arcane and confusing area of law, is now a hot asset class for corporates worldwide. But companies are finding it challenging to value and monetize their IP assets.Corporations, investors and inventors - all are discovering...
CHINA/INDIAChina and India are in the midst of a skyscraper building boom that is radically transforming the skylines of its biggest cities and raising hubris to new heights.At present China is home to an impressive 53% of the 124 skyscrapers now under...
INDIAThree major Chinese banks were central to one of India's largest-ever corporate refinancings of foreign currency debt. Reliance Communications, India's second-largest cellular operator, controlled by billionaire Anil Ambani, successfully raised...
The global economie slowdown and regional political turmoil are casting a pali over investment banking in the Middle East. As there's no change in sight, bankers in the region may be in for another challenging year.Global economic uncertainties have...
Companies want ever-more-detailed information to better manage cash and liquidity. Those banks that are investing in best-in-class risk and liquidity management solutions are winning corporate clients.Last year was a difficult one for most of the large...
Numerous countries around the world are holding elections this year, which could create market uncertainty and hold back much-needed political decision-making- particularly in Europe.Unlike 2011, which was a year of "unknown unknowns," with largely unpredictable...
BRAZILE.ON, the German power utility, is partnering with MPX Energia, a power company controlled by Brazilian billionaire Eike Batista, to launch a joint venture to build Brazil's largest network of privately held power plants. The project will require...
While neither Brazil nor Uruguay have any trade pacts aside from Mercosur, Chile and Mexico have many agreements in place. The two strategies have met with varying success.When die US approved free-trade agreements with Colombia and Panama last year,...
UNITED STATESStruggling with a sagging real estate market and a weak economic recovery, the US has been revamping its efforts to attract foreign investors. For example, the current administration is pumping new life into the long-moribund EB-5 program,...
BRAZILGracas Foster, 58, was appointed CEO of Brazil's Petrobras state-controlled oil company in February, becoming the first woman ever to head one of the world's top oil operations. Markets were relieved that Brazilian president Dilma Rousseff, who...
ITALYWhile many big wigs in the world of finance hit the World Economic Forum in Davos, Switzerland in late January to rub shoulders with glamorous attendees from business, politics and showbiz - this year led by Rolling Stones frontman Mickjagger -...
RUSSIAIn mid-January, ratings agency Fitch cut its outlook on Russia from positive to stable, citing increased domestic political uncertainty and potential damage to the Russian economy from deterioration in the global economic environment. Fitch said...
The improving economie and investment environment makes Angola a tempting target for foreign direct investors. But changes aimed at improving the business environment and building infrastructure must move forward before the country reaches its full potential.While...
Easing monetary conditions and economic stabilization have increased demand for higher-risk assets, despite worries about Europe's debt. The Federal Reserve has pledged that the federal funds rate will remain exceptionally low at least through late 2014,...
TAIWANMa Ying-jeou will serve a second term as president of Taiwan after winning 51 .6% of the vote in the January election, defeating his closest competitor, Tsai lngwen, by less than six percentage points. Ma's political party, the Kuomintang (KMT),...
For Morocco's finance industry- and many companies that finance themselves on its capital markets- It's almost as if the political turbulence swirling in the kingdom and around North Africa did not exist.If anything, there's more confidence in the country's...
Although rival political parties in the UK agree on the need for austerity, debate rages on over the timeline and severity.There is little controversy among politicians or economists in the UK about the need for fiscal discipline, but there is great...
HTML 5 has brought about unprecedented changes in the way we design and architect banking applications. It promises to transform the way banks interact with clients and provide services.Hypertext Markup Language (HTML) has been instrumental in driving...
With new regulations and tighter enforcement that could lead to more corporate legal action, many companies are increasing their cover for directors and officers insurance.Most corporate risk officers should still enjoy favorable terms this year as they...
UNITED STATESWhen social-networking giant Facebook filed with the US Securities and Exchange Commission in February to raise $5 billion in one of the most anticipated initial public offerings of recent times, the talk of the town was the 27 -year-old...
AFRICATransnet, South Africa's state-owned transit and logistics company, and Swaziland Railway have joined forces to complete a $2.2 billion railway linking their two countries, a plan under consideration since the late-19th century. Construction of...
MIDDLE EASTThe Saudi Arabian stock exchange, known as the Tadawul, has taken a major step toward becoming a regional exchange. The Capital Market Authority (CMA) will allow selected foreign companies to cross-list on the Tadawul if they are already trading...
Global Finance sat down with James Rickards, senior managing partner at boutique alternative investment firm Tangent Capital Partners and author of Currency Wars: The Making Of The Next Global Crisis.Global Finance: Will the US dollar remain the world's...
CHINAChina will greatly expand financial activity in Shanghai in coming years, according to a plan released on January 30 by the National Development and Reform Committee. The plan calls for Shanghai to increase the value of non-foreign-exchange-related...
One of Africa's most vibrant economies is in the midst of a high-stakes political transition that will determine whether it continues on a path of reform or contends with the type of backlash that shook Nigeria in January.Morocco has long thrived on...
Corporate Finance FocusThe euro's surprising rise early his year, even as the European Central Bank flooded the market with liquidity, caught many market participants by surprise. Net short positions in the euro hit a record high on the International...
The US market for initial public offerings is off to a strong start in 2012, with anticipation building ahead of the expected $5 billion Facebook IPO, which will be the biggest Internet IPO on record. As of February 10, the FTSE Renaissance US IPO Index...
Mining company Xstrata's merger with commodities dealer Glencore may not go ahead unless the terms are improved for shareholders. The $90 billion deal, billed as a "merger of equals," is expected to close in the third quarter of 2012.Under terms of the...