http://www.gfmag.com/ Sun, 03 Jun 2012 16:16:11 GMT FeedCreator 1.8.0-dev (info@mypapit.net) gfmag/GlobalFinanceMagazineLatestEditionhttp://feedburner.google.com http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/6LUtR4eeXPE/11753-worlds-best-banks-2012-europe.html <p>By&nbsp;Thomas Clouse, Jonathan Gregson, Antonio Guerrero &amp; Gordon Platt</p> <div> <p style="display: block; padding: 4px; background-color: #008bbd; width: 100%; color: #ffffff; font-weight: bold; font-size: 18px; margin: 25px 0px 8px;">EUROPE</p> <p style="text-align: justify;">Europe’s banks are being pulled in two directions. Governments want them to lend more, especially to small- and medium-size enterprises, while European and national regulators require them to strengthen their capital ratios so as to be more resilient to both current market volatility and future shocks. Banks have generally responded to these challenges by putting aside more of their operational income, reining in their loan book or selling off noncore business lines.</p> <p <p><a href="http://www.gfmag.com/archives/153-may-2012/11753-worlds-best-banks-2012-europe.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/6LUtR4eeXPE" height="1" width="1"/> Thu, 03 May 2012 06:25:00 GMT http://www.gfmag.com/archives/153-may-2012/11753-worlds-best-banks-2012-europe.html http://www.gfmag.com/archives/153-may-2012/11753-worlds-best-banks-2012-europe.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/dUOrrFbEhi0/11759-awards-worlds-best-banks-2012.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Features_14-Awards-Best-Banks-2012.jpg" alt="82x70 Features_14-Awards-Best-Banks-2012" width="82" height="70" /></div> <p style="text-align: justify;"><em>Global Finance</em> presents its 19th annual awards for the best banks in the developed and emerging markets.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11759-awards-worlds-best-banks-2012.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/dUOrrFbEhi0" height="1" width="1"/> Thu, 03 May 2012 06:28:00 GMT http://www.gfmag.com/archives/153-may-2012/11759-awards-worlds-best-banks-2012.html http://www.gfmag.com/archives/153-may-2012/11759-awards-worlds-best-banks-2012.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/-1laS3iO_90/cover-story.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_10-CoverStory_China-in-Europe.jpg" alt="82x70 10-CoverStory_China-in-Europe" width="82" height="70" /></div> <p style="text-align: justify;">China is closely managing its forays into Europe through state-controlled vehicles and corporate investment.</p> <p><a href="http://www.gfmag.com/latest/cover-story.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/-1laS3iO_90" height="1" width="1"/> Thu, 03 May 2012 06:36:00 GMT http://www.gfmag.com/latest/cover-story.html http://www.gfmag.com/latest/cover-story.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/zVqJ4sIVtsg/editors-letter.html <p><strong>BRIC BY BRIC</strong></p> <p><strong><br /></strong></p> <p>MAY 2012 &nbsp;| &nbsp;VOL. 26 NO. 5</p> <p>&nbsp;</p> <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/160x220_00-Cover-May-2012.jpg" alt="160x220 00-Cover-May-2012" width="160" height="220" /></div> <p style="text-align: justify;">The outgoing president of the World Bank, Robert Zoellick, recently made a statement that we consider particularly relevant to our readers. Zoellick claimed that the World Bank backs the creation of a new BRICS bank. This idea was a key point of discussion at a special meeting of BRICS country leaders recently held in New Dehli.</p> <p style="text-align: justify;"><br />Just the idea of a development bank launched by this group shows how changed the global economic landscape has become, <p><a href="http://www.gfmag.com/latest/editors-letter.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/zVqJ4sIVtsg" height="1" width="1"/> Thu, 03 May 2012 06:35:00 GMT http://www.gfmag.com/latest/editors-letter.html http://www.gfmag.com/latest/editors-letter.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/JnZRowotHSE/11750-cee-liberal-markets-and-the-crisis.html <div style="float: left; margin-right: 10px; text-align: justify;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Features_17-Regional-Report-CEE.jpg" alt="82x70 Features_17-Regional-Report-CEE" width="82" height="70" /></div> <p style="text-align: justify;">Former Communist Bloc countries took varied routes to market liberalization, reflected in the impact of recent crises.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11750-cee-liberal-markets-and-the-crisis.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/JnZRowotHSE" height="1" width="1"/> Thu, 03 May 2012 06:34:00 GMT http://www.gfmag.com/archives/153-may-2012/11750-cee-liberal-markets-and-the-crisis.html http://www.gfmag.com/archives/153-may-2012/11750-cee-liberal-markets-and-the-crisis.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/6pAQ9XNSQ6c/11751-salon-alisher-ali-mongolian-growth.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_05-Global-Salon.jpg" alt="82x70 Regulars_05-Global-Salon" width="82" height="70" /></div> <p style="text-align: justify;">Alisher Ali, founder of Mongolian investment bank Eurasia Capital, discusses the world’s fastest-growing economy.</p> <p>&nbsp;</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11751-salon-alisher-ali-mongolian-growth.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/6pAQ9XNSQ6c" height="1" width="1"/> Thu, 03 May 2012 06:33:00 GMT http://www.gfmag.com/archives/153-may-2012/11751-salon-alisher-ali-mongolian-growth.html http://www.gfmag.com/archives/153-may-2012/11751-salon-alisher-ali-mongolian-growth.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/unWfp-Smtuk/11752-africas-rising-consumer-class.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Features_17-Regional-Report-Africa-1.jpg" alt="82x70 Features_17-Regional-Report-Africa-1" width="82" height="70" /></div> <p>The expanding consumer class is fueling growth—particularly in sub-Saharan Africa—but risks remain.</p> <p>&nbsp;</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11752-africas-rising-consumer-class.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/unWfp-Smtuk" height="1" width="1"/> Thu, 03 May 2012 06:32:00 GMT http://www.gfmag.com/archives/153-may-2012/11752-africas-rising-consumer-class.html http://www.gfmag.com/archives/153-may-2012/11752-africas-rising-consumer-class.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/REJu0QVHpC8/11754-special-report-renminbi-trading.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Features_11-Special-Report-Renminbi.jpg" alt="82x70 Features_11-Special-Report-Renminbi" width="82" height="70" /></div> <p>The character of the offshore renminbi market is changing as it experiences rapid growth.</p> <p>&nbsp;</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11754-special-report-renminbi-trading.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/REJu0QVHpC8" height="1" width="1"/> Thu, 03 May 2012 06:31:00 GMT http://www.gfmag.com/archives/153-may-2012/11754-special-report-renminbi-trading.html http://www.gfmag.com/archives/153-may-2012/11754-special-report-renminbi-trading.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/JF90vto602E/11755-country-report-turkey.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Features_11-Country-Report-Turkey.jpg" alt="82x70 Features_11-Country-Report-Turkey" width="82" height="70" /></div> <p>The country is poised for growth, but must make further reforms to reach its potential.</p> <p>&nbsp;</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11755-country-report-turkey.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/JF90vto602E" height="1" width="1"/> Thu, 03 May 2012 06:30:00 GMT http://www.gfmag.com/archives/153-may-2012/11755-country-report-turkey.html http://www.gfmag.com/archives/153-may-2012/11755-country-report-turkey.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/UE_KeNmwsLk/11756-cash-management-supply-chain-finance.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Features_11-TCM-Supply-Chain.jpg" alt="82x70 Features_11-TCM-Supply-Chain" width="82" height="70" /></div> <p style="text-align: justify;">Bank-independent providers are partnering with regional banks as SCF grows in southern corridor trade.</p> <p>&nbsp;</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11756-cash-management-supply-chain-finance.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/UE_KeNmwsLk" height="1" width="1"/> Thu, 03 May 2012 06:29:00 GMT http://www.gfmag.com/archives/153-may-2012/11756-cash-management-supply-chain-finance.html http://www.gfmag.com/archives/153-may-2012/11756-cash-management-supply-chain-finance.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/S_B5d4-bIBw/11758--worlds-best-banks-2012-africa.html <p style="text-align: justify;">By&nbsp;Thomas Clouse, Jonathan Gregson, Antonio Guerrero &amp; Gordon Platt</p> <div style="text-align: justify;"> <p style="display: block; padding: 4px; background-color: #008bbd; width: 100%; color: #ffffff; font-weight: bold; font-size: 18px; margin: 25px 0px 8px;">AFRICA</p> <p style="text-align: justify;">Not only is Africa rich in natural resources, but it also offers the promise of fast economic growth in a number of countries, and a population lacking basic banking services. Most of Sub-Saharan Africa is in the World Bank’s lowest income category of less than $765 per person annually. With the help of smart phones, bankers are leaping generations of technology and are bring banking services to remote <p><a href="http://www.gfmag.com/archives/153-may-2012/11758--worlds-best-banks-2012-africa.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/S_B5d4-bIBw" height="1" width="1"/> Thu, 03 May 2012 06:27:00 GMT http://www.gfmag.com/archives/153-may-2012/11758--worlds-best-banks-2012-africa.html http://www.gfmag.com/archives/153-may-2012/11758--worlds-best-banks-2012-africa.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/zvuMQAPtmWw/11757-worlds-best-banks-2012-asia.html <p>By&nbsp;Thomas Clouse, Jonathan Gregson, Antonio Guerrero &amp; Gordon Platt</p> <div> <p style="display: block; padding: 4px; background-color: #008bbd; width: 100%; color: #ffffff; font-weight: bold; font-size: 18px; margin: 25px 0px 8px;">ASIA</p> <p style="text-align: justify;">Asia has provided one of the few bright spots in the global economy in recent years. The region rebounded quickly from the global financial crisis and has thus far avoided the fallout from Europe’s sovereign debt problems. Expanding regional demand has boosted growth, while well-capitalized banks have sustained financial systems. But as problems persist in Western markets and China’s economy shows signs of slowing, concern over Asia’s economic prospects are growing. The <p><a href="http://www.gfmag.com/archives/153-may-2012/11757-worlds-best-banks-2012-asia.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/zvuMQAPtmWw" height="1" width="1"/> Thu, 03 May 2012 06:26:00 GMT http://www.gfmag.com/archives/153-may-2012/11757-worlds-best-banks-2012-asia.html http://www.gfmag.com/archives/153-may-2012/11757-worlds-best-banks-2012-asia.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/DCW9X1X9uKc/11748-worlds-best-banks-2012-latin-america.html <p>By&nbsp;Thomas Clouse, Jonathan Gregson, Antonio Guerrero &amp; Gordon Platt</p> <p style="display: block; padding: 4px; background-color: #008bbd; width: 100%; color: #ffffff; font-weight: bold; font-size: 18px; margin: 25px 0px 8px;">LATIN AMERICA</p> <p style="text-align: justify;">With its developing middle class, the region’s growing consumer sector helped banks to continue posting healthy returns last year. Banking sector assets and profits were up throughout the region, compared with the previous year, providing further signs of a full recovery from the 2008 global financial crisis.</p> <p style="text-align: justify;"><br />The region’s banks successfully pursued unbanked population segments that are increasingly requiring financial services. Also contributing to the ongoing recovery were increased <p><a href="http://www.gfmag.com/archives/153-may-2012/11748-worlds-best-banks-2012-latin-america.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/DCW9X1X9uKc" height="1" width="1"/> Thu, 03 May 2012 06:24:00 GMT http://www.gfmag.com/archives/153-may-2012/11748-worlds-best-banks-2012-latin-america.html http://www.gfmag.com/archives/153-may-2012/11748-worlds-best-banks-2012-latin-america.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/A-_X8cwwHVU/11746-worlds-best-banks-2012-middle-east.html <p>By&nbsp;Thomas Clouse, Jonathan Gregson, Antonio Guerrero &amp; Gordon Platt</p> <div style="text-align: justify;"> <p style="display: block; padding: 4px; background-color: #008bbd; width: 100%; color: #ffffff; font-weight: bold; font-size: 18px; margin: 25px 0px 8px;">MIDDLE EAST</p> <p style="text-align: justify;">The oil-exporting countries of the Middle East are enjoying strong economic growth, whereas countries that experienced political uprisings during the Arab Spring of 2011 are struggling to get back on track or are still experiencing hostilities. In the Gulf Cooperation Council (GCC) countries, increased bank lending and higher consumer spending are adding to the forward economic momentum created by massive government spending programs.</p> <p style="text-align: justify;"><br />Saudi Arabia’s banking system <p><a href="http://www.gfmag.com/archives/153-may-2012/11746-worlds-best-banks-2012-middle-east.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/A-_X8cwwHVU" height="1" width="1"/> Thu, 03 May 2012 06:23:00 GMT http://www.gfmag.com/archives/153-may-2012/11746-worlds-best-banks-2012-middle-east.html http://www.gfmag.com/archives/153-may-2012/11746-worlds-best-banks-2012-middle-east.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/eBcF4Gaz6vk/11745-worlds-best-banks-2012-north-america.html <p style="text-align: justify;">By&nbsp;Thomas Clouse, Jonathan Gregson, Antonio Guerrero &amp; Gordon Platt</p> <p style="display: block; background-color: #008bbd; width: 100%; color: #ffffff; font-weight: bold; font-size: 18px; margin-top: 25px; margin-right: 0px; margin-bottom: 8px; margin-left: 0px; text-align: justify; padding: 4px;">NORTH AMERICA</p> <p style="text-align: justify;">North America’s banks are well along the road to recovery from the financial crisis, amid signs of improvement in the US and Canadian economies. The Federal Deposit Insurance Corporation says US banks earned $119.5 billion in 2011—the most in five years. And the number of banks on the FDIC’s “problem bank” list fell to 813 in the fourth quarter from 844 a year <p><a href="http://www.gfmag.com/archives/153-may-2012/11745-worlds-best-banks-2012-north-america.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/eBcF4Gaz6vk" height="1" width="1"/> Thu, 03 May 2012 06:22:00 GMT http://www.gfmag.com/archives/153-may-2012/11745-worlds-best-banks-2012-north-america.html http://www.gfmag.com/archives/153-may-2012/11745-worlds-best-banks-2012-north-america.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/89yX8VrvCe8/11744-fx-dollar-favored-over-euro-yen.html <p>Dollar rose sharply after the FOMC's March meeting signaled that QE3 is unlikely unless the US economy slows rapidly.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11744-fx-dollar-favored-over-euro-yen.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/89yX8VrvCe8" height="1" width="1"/> Thu, 03 May 2012 06:21:00 GMT http://www.gfmag.com/archives/153-may-2012/11744-fx-dollar-favored-over-euro-yen.html http://www.gfmag.com/archives/153-may-2012/11744-fx-dollar-favored-over-euro-yen.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/UWaa9UzGvs4/11743-drs-equity-markets-stuck-in-doldrums.html <p>The global equity capital markets got off to a relatively slow start in 2012, despite a strong pipeline.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11743-drs-equity-markets-stuck-in-doldrums.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/UWaa9UzGvs4" height="1" width="1"/> Thu, 03 May 2012 06:20:00 GMT http://www.gfmag.com/archives/153-may-2012/11743-drs-equity-markets-stuck-in-doldrums.html http://www.gfmag.com/archives/153-may-2012/11743-drs-equity-markets-stuck-in-doldrums.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/4u4YEFmBPkk/11742-debt-bond-market-rally-continues.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_30-Corp-debt.jpg" alt="82x70 Regulars_30-Corp-debt" width="82" height="70" /></div> <p style="text-align: justify;">Fed chairman Ben Bernanke said US labor market improvements may be short lived, and rates with stay low for some time.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11742-debt-bond-market-rally-continues.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/4u4YEFmBPkk" height="1" width="1"/> Thu, 03 May 2012 06:19:00 GMT http://www.gfmag.com/archives/153-may-2012/11742-debt-bond-market-rally-continues.html http://www.gfmag.com/archives/153-may-2012/11742-debt-bond-market-rally-continues.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/67aq7WDj7FE/11741-maa-glencore-targets-viterra.html <p style="text-align: justify;">Glencore luanched a bid for Canada's Viterra, in a deal designed to bypass Canada’s restrictions on foreign takeovers.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11741-maa-glencore-targets-viterra.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/67aq7WDj7FE" height="1" width="1"/> Thu, 03 May 2012 06:18:00 GMT http://www.gfmag.com/archives/153-may-2012/11741-maa-glencore-targets-viterra.html http://www.gfmag.com/archives/153-may-2012/11741-maa-glencore-targets-viterra.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/fCreShG_Zok/11740-emerging-markets-roundup-russia.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_07-EM-Roundup-1.jpg" alt="82x70 Regulars_07-EM-Roundup-1" width="82" height="70" /></div> <p>Acting finance minister Siluanov supports increasing capital requirements for banks after 2015 by more than five times.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11740-emerging-markets-roundup-russia.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/fCreShG_Zok" height="1" width="1"/> Thu, 03 May 2012 06:17:00 GMT http://www.gfmag.com/archives/153-may-2012/11740-emerging-markets-roundup-russia.html http://www.gfmag.com/archives/153-may-2012/11740-emerging-markets-roundup-russia.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/7-UqsVtuEKA/11739-emerging-markets-roundup-middle-east.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_07-EM-Roundup-2.jpg" alt="82x70 Regulars_07-EM-Roundup-2" width="82" height="70" /></div> <p style="text-align: justify;">Bagdhad hosted the first Arab League summit to be held in Iraq since before Saddam Hussein’s 1990 invasion of Kuwait.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11739-emerging-markets-roundup-middle-east.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/7-UqsVtuEKA" height="1" width="1"/> Thu, 03 May 2012 06:16:00 GMT http://www.gfmag.com/archives/153-may-2012/11739-emerging-markets-roundup-middle-east.html http://www.gfmag.com/archives/153-may-2012/11739-emerging-markets-roundup-middle-east.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/eHvvM6j3lig/11738-emerging-markets-roundup-china.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_07-EM-Roundup-3.jpg" alt="82x70 Regulars_07-EM-Roundup-3" width="82" height="70" /></div> <p>Chinese regulators will allow more foreign participation in domestic capital markets.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11738-emerging-markets-roundup-china.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/eHvvM6j3lig" height="1" width="1"/> Thu, 03 May 2012 06:15:00 GMT http://www.gfmag.com/archives/153-may-2012/11738-emerging-markets-roundup-china.html http://www.gfmag.com/archives/153-may-2012/11738-emerging-markets-roundup-china.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/PKQyZhH_7JA/11737-emerging-markets-roundup-africa.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_07-EM-Roundup-4.jpg" alt="82x70 Regulars_07-EM-Roundup-4" width="82" height="70" /></div> <p style="text-align: justify;">South Africa’s state-owned IDC has set up a $420 million public-private partnership to develop a large platinum mine.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11737-emerging-markets-roundup-africa.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/PKQyZhH_7JA" height="1" width="1"/> Thu, 03 May 2012 06:14:00 GMT http://www.gfmag.com/archives/153-may-2012/11737-emerging-markets-roundup-africa.html http://www.gfmag.com/archives/153-may-2012/11737-emerging-markets-roundup-africa.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/TO0T9Ca5BkM/11736-emerging-markets-roundup-brazil.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_07-EM-Roundup-5.jpg" alt="82x70 Regulars_07-EM-Roundup-5" width="82" height="70" /></div> <p style="text-align: justify;">The Brazilian government rolled out tax cuts worth $5 billion and a stimulus package to support corporate growth.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11736-emerging-markets-roundup-brazil.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/TO0T9Ca5BkM" height="1" width="1"/> Thu, 03 May 2012 06:13:00 GMT http://www.gfmag.com/archives/153-may-2012/11736-emerging-markets-roundup-brazil.html http://www.gfmag.com/archives/153-may-2012/11736-emerging-markets-roundup-brazil.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/BJylK9btCxo/11735-emerging-markets-roundup-india.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_07-EM-Roundup-6.jpg" alt="82x70 Regulars_07-EM-Roundup-6" width="82" height="70" /></div> <p>Foreign investors routing investments to India through Mauritius could potentially be taxed on their short-term gains.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11735-emerging-markets-roundup-india.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/BJylK9btCxo" height="1" width="1"/> Thu, 03 May 2012 06:12:00 GMT http://www.gfmag.com/archives/153-may-2012/11735-emerging-markets-roundup-india.html http://www.gfmag.com/archives/153-may-2012/11735-emerging-markets-roundup-india.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/EQdJfjfidLc/11734-em-news-em-portfolio-flows-lose-steam.html <p>Strong investor flows into emerging markets funds at the beginning of 2012 have since moderated but not reversed.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11734-em-news-em-portfolio-flows-lose-steam.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/EQdJfjfidLc" height="1" width="1"/> Thu, 03 May 2012 06:11:00 GMT http://www.gfmag.com/archives/153-may-2012/11734-em-news-em-portfolio-flows-lose-steam.html http://www.gfmag.com/archives/153-may-2012/11734-em-news-em-portfolio-flows-lose-steam.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/rUrg2PgAzsg/11733-dr-news-unsponsored-indonesian-adrs-target-mining-firms.html <p style="text-align: justify;">Five new, unsponsored American depositary receipt (ADR) programs for Indonesian companies were launched in March by BNY Mellon, targeting the strong corporate sector in the Asian economy.&nbsp;</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11733-dr-news-unsponsored-indonesian-adrs-target-mining-firms.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/rUrg2PgAzsg" height="1" width="1"/> Thu, 03 May 2012 06:10:00 GMT http://www.gfmag.com/archives/153-may-2012/11733-dr-news-unsponsored-indonesian-adrs-target-mining-firms.html http://www.gfmag.com/archives/153-may-2012/11733-dr-news-unsponsored-indonesian-adrs-target-mining-firms.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/r_8Eh0AMfHY/11732-company-to-watch-iecam-turkey.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_07-EM-Investor.jpg" alt="82x70 Regulars_07-EM-Investor" width="82" height="70" /></div> <p style="text-align: justify;">Glassmaker Şişecam has a near monopoly on the glass market in Turkey, where it operates a chain of retail outlets for its Paşabahçe brand of glassware, and where its flat-glass output benefits from demand in the fast-growing construction industry.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11732-company-to-watch-iecam-turkey.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/r_8Eh0AMfHY" height="1" width="1"/> Thu, 03 May 2012 06:09:00 GMT http://www.gfmag.com/archives/153-may-2012/11732-company-to-watch-iecam-turkey.html http://www.gfmag.com/archives/153-may-2012/11732-company-to-watch-iecam-turkey.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/ATpNMNrjJXk/11731-shotgun-wedding-for-spanish-banks.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_04-Milestones-1.jpg" alt="82x70 Regulars_04-Milestones-1" width="82" height="70" /></div> <p style="text-align: justify;">The merger agreement between CaixaBank and Banca Civica smacks of a shotgun wedding—for Civica, anyhow.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11731-shotgun-wedding-for-spanish-banks.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/ATpNMNrjJXk" height="1" width="1"/> Thu, 03 May 2012 06:08:00 GMT http://www.gfmag.com/archives/153-may-2012/11731-shotgun-wedding-for-spanish-banks.html http://www.gfmag.com/archives/153-may-2012/11731-shotgun-wedding-for-spanish-banks.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/V_9zNxYHJOw/11730-water-company-launches-first-cambodian-domestic-ipo.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_04-Milestones-2.jpg" alt="82x70 Regulars_04-Milestones-2" width="82" height="70" /></div> <p style="text-align: justify;">Cambodia’s Phnom Penh Water Supply Authority (PPWSA) became the country’s first domestically listed company in April after launching a $20.5 million IPO.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11730-water-company-launches-first-cambodian-domestic-ipo.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/V_9zNxYHJOw" height="1" width="1"/> Thu, 03 May 2012 06:07:00 GMT http://www.gfmag.com/archives/153-may-2012/11730-water-company-launches-first-cambodian-domestic-ipo.html http://www.gfmag.com/archives/153-may-2012/11730-water-company-launches-first-cambodian-domestic-ipo.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/7Mq8J4BETrw/11729-petrochina-surpasses-exxon-in-oil-production.html <p style="text-align: justify;">Energy demand in emerging countries has skyrocketed in recent years due to rapid economic growth. In China, oil production has followed suit, although not at the same pace. The country remains a net importer.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11729-petrochina-surpasses-exxon-in-oil-production.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/7Mq8J4BETrw" height="1" width="1"/> Thu, 03 May 2012 06:06:00 GMT http://www.gfmag.com/archives/153-may-2012/11729-petrochina-surpasses-exxon-in-oil-production.html http://www.gfmag.com/archives/153-may-2012/11729-petrochina-surpasses-exxon-in-oil-production.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/al1RYhWgxuY/11728-new-derivatives-market-regulations-finally-adopted-in-europe.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_04-Milestones-3.jpg" alt="82x70 Regulars_04-Milestones-3" width="82" height="70" /></div> <p style="text-align: justify;">It has been almost three years in the making and encapsulates European regulators’ response to the collapse of Lehman Brothers and the implosion of the collateralized debt obligation market following the subprime crisis in the US.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11728-new-derivatives-market-regulations-finally-adopted-in-europe.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/al1RYhWgxuY" height="1" width="1"/> Thu, 03 May 2012 06:05:00 GMT http://www.gfmag.com/archives/153-may-2012/11728-new-derivatives-market-regulations-finally-adopted-in-europe.html http://www.gfmag.com/archives/153-may-2012/11728-new-derivatives-market-regulations-finally-adopted-in-europe.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/y9J9aOr4eNQ/11727-gold-starts-paying-unique-dividends.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_04-Milestones-4.jpg" alt="82x70 Regulars_04-Milestones-4" width="82" height="70" /></div> <p style="text-align: justify;">Over the past few years markets have experienced declining trust in fiat money, a slow departure from the US dollar as a reserve currency and growing interest in bullion, particularly as a hedge against uncertainties.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11727-gold-starts-paying-unique-dividends.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/y9J9aOr4eNQ" height="1" width="1"/> Thu, 03 May 2012 06:04:00 GMT http://www.gfmag.com/archives/153-may-2012/11727-gold-starts-paying-unique-dividends.html http://www.gfmag.com/archives/153-may-2012/11727-gold-starts-paying-unique-dividends.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/7Ky8bndN4tQ/11726-tough-times-ahead-for-new-chief-executive-of-hong-kong.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_04-Newsmakers-1.jpg" alt="82x70 Regulars_04-Newsmakers-1" width="82" height="70" /></div> <p style="text-align: justify;">Newly elected Hong Kong chief executive Leung Chun-ying will face challenges on multiple fronts when he starts his new job on July 1.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11726-tough-times-ahead-for-new-chief-executive-of-hong-kong.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/7Ky8bndN4tQ" height="1" width="1"/> Thu, 03 May 2012 06:03:00 GMT http://www.gfmag.com/archives/153-may-2012/11726-tough-times-ahead-for-new-chief-executive-of-hong-kong.html http://www.gfmag.com/archives/153-may-2012/11726-tough-times-ahead-for-new-chief-executive-of-hong-kong.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/h6SDX9V961g/11725-suu-kyi-heralds-a-new-era-of-reform-in-myanmar.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_04-Newsmakers-2.jpg" alt="82x70 Regulars_04-Newsmakers-2" width="82" height="70" /></div> <p style="text-align: justify;">By winning a seat in the country’s parliament in early-April by-elections, Myanmar dissident leader Aung San Suu Kyi ushered in a new era in the history of the country formerly known as Burma.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11725-suu-kyi-heralds-a-new-era-of-reform-in-myanmar.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/h6SDX9V961g" height="1" width="1"/> Thu, 03 May 2012 06:02:00 GMT http://www.gfmag.com/archives/153-may-2012/11725-suu-kyi-heralds-a-new-era-of-reform-in-myanmar.html http://www.gfmag.com/archives/153-may-2012/11725-suu-kyi-heralds-a-new-era-of-reform-in-myanmar.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/RgiQM6lblnA/11724-johnsen-makes-few-friends-with-norwegian-banking-rule-proposals.html <div style="float: left; margin-right: 10px;"><strong><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_04-Newsmakers-3.jpg" alt="82x70 Regulars_04-Newsmakers-3" width="82" height="70" /></strong></div> <p style="text-align: justify;">A former bank teller, Norway’s finance minister Sigbjørn Johnsen is not too concerned about upsetting some of his erstwhile bank employers.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11724-johnsen-makes-few-friends-with-norwegian-banking-rule-proposals.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/RgiQM6lblnA" height="1" width="1"/> Thu, 03 May 2012 06:01:00 GMT http://www.gfmag.com/archives/153-may-2012/11724-johnsen-makes-few-friends-with-norwegian-banking-rule-proposals.html http://www.gfmag.com/archives/153-may-2012/11724-johnsen-makes-few-friends-with-norwegian-banking-rule-proposals.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/Hh7J0WbzoaQ/11723-thorsten-heins-hits-first-stumbling-block-at-rim.html <div style="float: left; margin-right: 10px;"><strong><img class="list_img" src="http://www.gfmag.com/images/stories/2012/May/82x70_Regulars_04-Newsmakers-4.jpg" alt="82x70 Regulars_04-Newsmakers-4" width="82" height="70" /></strong></div> <p>On March 29, telecoms company Research In Motion posted its first loss in seven years.</p> <p><a href="http://www.gfmag.com/archives/153-may-2012/11723-thorsten-heins-hits-first-stumbling-block-at-rim.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/Hh7J0WbzoaQ" height="1" width="1"/> Thu, 03 May 2012 06:00:00 GMT http://www.gfmag.com/archives/153-may-2012/11723-thorsten-heins-hits-first-stumbling-block-at-rim.html http://www.gfmag.com/archives/153-may-2012/11723-thorsten-heins-hits-first-stumbling-block-at-rim.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/6qi_whjRKYM/11691-annual-supplement-middle-east-2012.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/Apr/82X70MidEast-Supplement-all-pages.jpg" alt="82X70MidEast-Supplement-all-pages" width="82" height="70" /></div> <p style="text-align: justify;">As one drives into Riyadh, the Saudi Arabian capital, on King Khalid International Airport Road, a symbol of change appears suddenly through the window after miles of desert.</p> <p><a href="http://www.gfmag.com/archives/152-april-2012/11691-annual-supplement-middle-east-2012.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/6qi_whjRKYM" height="1" width="1"/> Fri, 06 Apr 2012 06:05:00 GMT http://www.gfmag.com/archives/152-april-2012/11691-annual-supplement-middle-east-2012.html http://www.gfmag.com/archives/152-april-2012/11691-annual-supplement-middle-east-2012.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/JhfPniOHzRg/11678-cover-story-rating-the-ratings-agencies.html <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/Apr/82x70_10-CoverStory_Ratings-Agencies.jpg" alt="82x70 10-CoverStory_Ratings-Agencies" width="82" height="70" /></div> <p style="text-align: justify;">Calls grow for a new ratings agency model, debate rages on the political implications of recent sovereign downgrades.</p> <p><a href="http://www.gfmag.com/archives/152-april-2012/11678-cover-story-rating-the-ratings-agencies.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/JhfPniOHzRg" height="1" width="1"/> Fri, 06 Apr 2012 06:44:00 GMT http://www.gfmag.com/archives/152-april-2012/11678-cover-story-rating-the-ratings-agencies.html http://www.gfmag.com/archives/152-april-2012/11678-cover-story-rating-the-ratings-agencies.html http://feedproxy.google.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~3/CovA5Jyyto4/11680-editors-letter-ratings-and-reform.html <p><strong>DEAR READER</strong></p> <p>&nbsp;</p> <p>APRIL 2012 VOL. 26 NO. 4</p> <p>&nbsp;</p> <div style="float: left; margin-right: 10px;"><img class="list_img" src="http://www.gfmag.com/images/stories/2012/Apr/160x220_Regulars_03-Dear-reader.jpg" alt="160x220 Regulars_03-Dear-reader" width="160" height="220" /></div> <p style="text-align: justify;">This month we look at ratings and ratings agencies in two different, and only apparently contrasting, ways.</p> <p style="text-align: justify;">&nbsp;</p> <p style="text-align: justify;">On the one hand our cover story discusses the search for a new model for agencies, and the many ideas and projects that are being bandied about. On the other hand we have a midyear update of our annual ranking of the World’s Safest Banks—which is based on ratings assigned by the three main rating agencies. For us there is <p><a href="http://www.gfmag.com/archives/152-april-2012/11680-editors-letter-ratings-and-reform.html">Read more...</a></p><img src="http://feeds.feedburner.com/~r/gfmag/GlobalFinanceMagazineLatestEdition/~4/CovA5Jyyto4" height="1" width="1"/> Fri, 06 Apr 2012 06:43:00 GMT http://www.gfmag.com/archives/152-april-2012/11680-editors-letter-ratings-and-reform.html http://www.gfmag.com/archives/152-april-2012/11680-editors-letter-ratings-and-reform.html