Global Finance

A monthly publication providing news and analysis of global market and economy. Focuses on corporate finance, capital markets, and more.

Articles from Vol. 19, No. 10, November

Best Banks in Project Finance 2005
WORLD'S BEST PROJECT FINANCE BANKSGlobal Finance selects the winners from among the leading banks that create and implement financing plans for major projects around the world.Project finance activity worldwide has cooled significantly from the fever...
Europe's Gas Suppliers Make Explosive Bids
Spain's largest natural gas company, Gas Natural, has made a hostile bid for the country's biggest electricity provider, Endesa, which is nearly double its size. Meanwhile, Russia's largest gas producer, Gazprom, which supplies almost all of the natural...
Fed Tightening Strangles Yen
By all rights, these should have been the glory days for the Japanese yen. The Nikkei average is trading at the highest levels in four years as foreign money flows into Japanese stocks. The economy is showing sustained growth, and Japanese monetary authorities...
Firm Foundations
BRAZILSound fundamentals are the key reasons why Brazil, Latin America's largest economy, and its capital markets have been able to withstand a major corruption scandal.As the political scandal around President Luiz Inacio Lula da Silva reached its peak...
Firms Fail to Follow the Money
UNITED STATES/EUROPEWith interest rates on an upward trajectory and the credit cycle reaching maturity, it may come as a surprise to discover that there is an estimated $1 trillion in trapped capital between the US and Europe sitting idle in inefficient...
Fujimori: Back on Campaign Trail?
PERUFormer Peruvian president Alberto Fujimori, in exile in Japan since 2000, has vowed to seek re-election in next year's presidential race, despite a constitutional ban that precludes him from seeking public office before 2010.Authorities say he may...
Global Custody
Global Finance brought together some of the world's leading custody experts to discuss the industry's prospects.GLOBAL FINANCE: Welcome. Please tell us a little about your organizations.MARY BAKER BALADY, senior vice president, global custody executive,...
Insurers and Reinsurers Flood into Equity Capital Market in Wake of Hurricanes
CORPORATE FINANCING FOCUSSince Hurricane Katrina plowed into the United States Gulf Coast at the end of August, insurers and reinsurance companies have been the biggest issuers of stock in the US capital market. The insurers are raising money not only...
Know Thy Customer's Behavior
TECHNOLOGYSales force automation technology can help companies improve their forecasting.Client management and sales are key functions in most organizations, and companies are increasingly realizing the importance of preserving and developing relationships...
M&a Set for a Record-Breaking Year
EUROPE/UNITED STATESMerger and acquisitions bankers are already putting the Champagne on ice. With just a couple of months to go to the end of 2005, it looks set to be the best year for global activity since the technology, media and telecom boom of...
Mexican Homebuilder Cuts Borrowing Costs
Desarrolladora Homex, a leading Mexican homebuilder, lowered its borrowing costs and extended its debt maturity by placing $250 million of 10-year senior guaranteed notes with qualified buyers in the US market and hedging its resulting currency exposure.The...
Risk and Reward
CORPORATE RESPONSIBILITYSocially responsible investment is a growing force, and corporates have taken note. But what does it take to get on approved investment lists? And do the companies get anything back from being high-minded?Responsibility is the...
Searching for Direction
FRANCEDespite recent setbacks, France is still working hard to push through social and economic reforms.Wtih the outcome of the German election sending mixed messages about the public's appetite for radical market reforms, Anglo-Saxon newspapers have...
The Chinese Battle for Latin America
CHINA/TAIWAN/LATIN AMERICAThe People's Republic of China (PRO and Taiwan are locked in head-to-head combat for Latin American allegiance. Beijinq has promised billions of dollars in new investment and trade in the region's largest markets, while Taiwan...
The World's Best Companies 2005
The eighth annual survey of the World's Best Companies profiles the global leaders and the top regional players.Most of the world's top companies are having another good year. For many, revenues and profits have been setting new records. Truly great...