Global Investing

Turkey: ceasefire with PKK may bring economic gains

By Reuters Staff
April 15, 2013

Turkey’s ceasefire last month with the Kurdish militant group PKK could boost its trade partnerships multilaterally, as increasing prospects for stability in the region bring economic opportunities in the Middle East and Africa.

Fitch’s Xmas gift for Hungary leaves analysts agog

December 21, 2012

Hungary’s outlook upgrade to stable from positive by Fitch was greeted with incredulity by many analysts. Benoit Anne at Societe Generale wonders if the decision had anything to do with the Mayan prophecy that proclaiming the end of the world on Dec. 21:

Rollover risks rising on high-yield bonds

October 11, 2012

Emerging market corporate debt is in high demand, as we pointed out in this article yesterday.  But we noted headwinds too, not least the amount of debt that will fall due in coming years as a result of the current bond issuance bonanza.

Emerging debt default rates on the rise

July 24, 2012

Times are tough and unsurprisingly, default rates among emerging market companies are rising.

Emerging market wine sophisticates?

May 29, 2012

Serving wine instead of beer at its annual rooftop soiree? Is this some kind of subliminal message specialist broker Auerbach Grayson is trying to send, ie: that emerging markets are mature and here’s the vino to prove it?

A scar on Bahrain’s financial marketplace

February 16, 2012

Bahrain’s civil unrest — which had a one-year anniversary this week — has taken a toll on the local economy and left a deep scar on the Gulf state’s aspiration to become an international financial hub.