FAST FINANCEContinued dives in major emerging market currencies including the Ringgit, Lira and Real continues. Of these three, all had investment grade ratings before Brazil’s was cut by Standard & Poor’s from BBB- to BB+. The first move on Brazil’s sovereign ratings could be indicative of cuts to other ...
September 13, 2015Blake Goud
FAST FINANCE The impact of commodity price, currencies and the Shanghai market’s volatility finally spills into developed countries’ equity markets but the effect was short-lived as NY Federal Reserve President William Dudley said a rate hike was ‘less compelling’ now than several weeks ago. Dudley’s remarks were followed later in ...
August 31, 2015Blake Goud
FAST FINANCE Following our special report on Iran before Eid, we follow up on the impact of the Iran agreement with the P5+1 on providers of export finance to the companies that will resume trading with the Islamic Republic and a look at growth in real estate investment by Iranians in ...
July 20, 2015Blake Goud
FAST FINANCE All eyes this week were on the Eurozone as Greece teeters on the brink of Euro exit. The ripples spread across the world…and across the Mediterranean with effects on North Africa, the Levant and Turkey, as described in our first feature article. In other MENASEA news, Malaysia’s ...
July 13, 2015Blake Goud
The recent election in Turkey could sow the seeds of future growth for private participation banks despite being widely seen as a headwind to the sector as Justice and Development Party (AKP) experienced a defeat in being pushed either into a coalition government for the first time, or call for ...
July 1, 2015Blake Goud