India Secures Spot On Prestigious Bond Index
Indian government bonds have been included in the JPMorgan GBI Emerging Market Global Series Index for the first time ever. It was only in April 2020 that the Reserve Bank of India (RBI) removed foreign investment restrictions on certain rupee…
New Stock Exchange Proposal For Texas Weighed By SEC
Regional and specialized stock exchanges are returning as demand expands for new products and market locations. The theory that regional or specialized exchanges can bring unique know-how to specific sectors or geographies is driving the buildup. The list of such…
Vodafone Idea In India Explores Alternative Avenues To Raise Capital
Facing looming 5G spectrum financing and rock-bottom data prices, Vodafone gets creative with alternative funding options. Numerous Indian companies and multinational subsidiaries in India are heading for IPOs in the next few months, as funding capital projects amid India’s infrastructure…
IPO Market Maintains Momentum Despite Ackman’s Nixed Plans
Corporate finance experts say going public is cool this summer; that’s not the case for a billionaire hedge fund manager’s overhyped IPO. Toward the end of July, several companies looking to go public told vastly different stories than…
Cryptocurrency Explained And Why Its Here To Stay
If you’re confused by Bitcoin and curious about blockchains, The Age of Cryptocurrency by Wall Street journalists Paul Vigna and Michael J. Casey offers a comprehensive introduction to the world of cryptocurrencies. You don’t need to be a mathematician or…
Nigeria: Lenders Struggle to Meet New Capital Requirements
Lenders in Nigeria are working to raise additional capital to meet new requirements set by the Central Bank of Nigeria (CBN). These targets, announced last month, must be met within two years, with some banks needing to increase their capital…
China: Increased Scrutiny on Potential IPOs
The China Securities Regulatory Commission (CSRC) is intensifying its scrutiny of companies seeking initial public offerings (IPOs). The increased inspections aim to strengthen the secondary markets and slow the pace of new fundraisings. Regulatory actions, such as seizing mobile phones…
New Sovereign Wealth Funds Have Expanded Mandates
Over the past decade, there has been a notable increase in the establishment of sovereign wealth funds (SWFs), driven largely by a boom in commodity markets and accumulating foreign exchange reserves. Governments from Chile to the United Arab Emirates (UAE)…
Sustainable Finance Post-COP27: Evaluating Progress and Challenges
Following the COP27 conference in Sharm El-Sheikh, Dr. Dalia Abdel Kader, CIB Egypt’s Chief Sustainability Officer, reflects on key outcomes and the expectations they set for COP28 in Dubai. Global Finance: The Loss & Damage agreement is a significant development…
“Thailand’s Billion-Dollar Digital Currency Initiative”
Thailand, which launched a significant pilot of a retail central bank digital currency (CBDC) last year, is moving forward with a new initiative to distribute digital tokens to 50 million lower-income citizens. This 500 billion-baht ($13.7 billion) program, announced last…