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. 14, No. 12, December

Calculating Risk in Venezuela
The looming question is whether foreign investors will ultimately decide that the benefits of investing in Venezuela outweigh the substantial risks involved. As a founding member of OPEC and the world's third-largest oil exporter, Venezuela's economic...
Financial Software Hastens Integration
Accounting, budgeting and forecasting software is leveraging investment in CRM and ERP systems. GLOBAL FINANCE: What is the current state of technology, relating to accounting, budgeting, and forecasting? MIKE PARKER, chief operating officer, Coda: The...
Gold Bugs
The Power of Gold: The History of an Obsession by Peter L. Bernstein. Published by John Wiley & Sons, New York; $27.95. Has Gold had its day? Ask recent investors in the currency, and you might get a less than .gilt-edged answer. The price of the...
Higher Losses, Higher Rates for P&C Coverage
The property and casualty insurance market is showing promising signs of recovery this year, following a period of post-consolidation recovery in 1999. Net written premiums are up, and price increases are holding, while losses are shrinking, industry...
M&A Thrives, Ala Italiana
Italy may not appear to be on the cutting edge of global M&A deals for companies and banks, but the market in fact is one of the world's most active and creative. Key local players are building size and depth by merging with both domestic and foreign...
Mexico Invests in Internet Banking
Financial institutions and other companies in Mexico are moving steadily forward in the provision of services over the Internet, despite a still weak banking sector and a generally cool corporate attitude to the Web. The starting base for B2B e-commerce...
Mexico's E-Finance Revolution
Mexico's revolutionary adoption of e-finance is being spurred on by new pension regulation, by capital market expansion, and by a cultural groundswell toward e-commerce, Mexican e-commerce players tell Global Finance's managing editor, Charles Thurston....
Moving Forward on a Bankable Course
Post-privatization investments also are key to Brazil's plans for growth. Darby Latin American Mezzanine Fund, for example, recently made a $20 million convertible mezzanine loan to Santos Brasil, the operator of the largest container terminal in Brazil,...
Online Billing Solutions Surge
Electronic Bill Presentment and Payment (EBPP) solution providers have revamped the old saw,"pay as you go," to provide corporate treasurers with a new suite of B2B power tools. EBPP-and even more elaborate Electronic Invoice Presentment and Payment...
Pension Plan Services Flourish on the Web
Regulation, self-service, education, and new products are driving the provision of pension plan services over the Internet, industry officials tell Global Finance's publisher Joseph Giarraputo. GLOBAL FINANCE: What are the key implications of legislation...
Pfandbrief Takes a Breather
For the first time since the jumbo market was set up in 1995, the sector has stalled in size. After a five-year ascent to international prominence, Germany's Pfandbrief market took a breather during 2000. Participants in the sector-now worth over EUR1...
Real Money
The dollar is still a demon of strength, thrashing other currencies left and right with an air of invincibility that the real numbers don't justify. Currencies have often moved in ways that defy logic, because marketplaces respond to psychological as...
Smart Cards Ready for Take-Off?
To say that smart cards have developed and are used differently in Europe than in the United States is an understatement. Largely driven by concerns over fraud and by a cultural acceptance of identification badges, smart cards have achieved widespread...
The Americas: Bank of New York Unveils DR Alert
US Disclosure Tightens Up The US Securities and Exchange Commission's new Regulation FD, relating to fair disclosure of corporate information, specifically exempts foreign issuers, but ADR issuers should consider following it nonetheless, experts say....
The Americas: Smaller Firms Take on the Banks
Let the battle begin. Smaller firms offering online currency trading are taking on the big banks that have long dominated the field. Sophisticated software enables the upstart dot-coms to offer coveted interbank spreads to smaller customers that typically...
The Dot-Com Wipeout: Picking Up the Pieces
With high-tech stocks diving, Internet companies firing workers or going bust, and others running out of cash, what kind of companies will survive and why? Around the world, Internet company stocks and business prospects have tumbled fast enough to leave...
The Global Digital Divide
What some high-tech giants are doing to bridge the Internet access and usage gap between the have and have-not countries of the world. The explosion of Internet access, use, and development in the United States, Europe, and developed East Asia has largely...
The Steroid Dollar: When Will It Pop?
The dollar can defy economic fundamentals for a while-perhaps a long while-but there are signs the party may be ending soon. When the greenback starts losing some of its muscle, the fallout will be felt globally-especially in Europe, where key economies...
Web Transforms Energy Trading Market
Trading of energy products over the Internet has been miniscule, but that seems to be changing quickly.The Web is becoming a new marketplace for the exchange and transfer of everything from power units to the entire range of oil and natural gas products....
What Drives Value?
A company's intangible assets such as innovation and customer care can be more important key factors in determining shareholder value than numerical results. By Anne McBride Shareholder value is a term often misunderstood by business executives and by...