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Dubai’s Nakheel Says Back in the Black in H1
Nakheel, the Dubai developer that wrote down AED78.6bn ($21.4bn) from the value of its real estate as property prices in the emirate crashed, reported a first-half net profit on Monday. The architect behind Dubai’s palm-shaped island said it booked profit of AED526m ($143m)
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Mines and Money Beijing 2012
Mines and Money Beijing is where mining companies from around the world come to raise capital in China. The event takes place in the capital city of the world’s most important natural resources buyer on 21 – 22 June 2012.
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Lending Helps JPMorgan, but 4th Quarter Was Soft
Wall Street, more than three years after the financial crisis, has loosened its lending tap. Consumers, however, have yet to reap the benefits. Results announced on Friday by the nation’s strongest and biggest bank by assets, JPMorgan Chase, point to a
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U.S. Trade Deficit and Consumer Sentiment Rise
The United States trade deficit widened in November to its largest point in five months, prompting some economists to slightly rein in growth expectations for the fourth quarter. A separate survey released on Friday showed that consumer sentiment hit an
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A New Generation of Banker
Brazilian Alessandra França, by no means fits the banking stereotype at only 26 she has already, established a bank for the poor after reading the biography of Muhammad Yunus, Nobel Peace Prize winner in 2006. By Marco dos Santos The young
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Big Banks: Cure or Curse for the Global Economy?
Friday 27 January 2012, CFI with report from the World Economic Forum in Davos, Switzerland with anchor Bloomberg Television Key Points Banking reforms are still a work in progress – there is still a long way to go before the global
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Where To Invest In 2012
As some of the uncertainties surrounding the economy lift over the course of the year, attention is bound to turn back to the fundamentals of the private sector, says Katherine Nixon, chief investment officer for the Northeast region at Northern
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BRIC Economies
The BRIC countries label refers to a select group of four large, developing countries (Brazil, Russia, India and China). The four BRIC countries are distinguished from a host of other promising emerging markets by their demographic and economic potential to
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2012 CFI Top 100 Emerging Markets Companies’ Nominations
The 2011 CFI Top 100 Emerging Market Companies were compiled by using the nominations and the votes from CFI’s subscriber base and in addition by the judges on the editing board. The criteria included financial performance, such as sales and
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CFI Investment Outlook 2012
This year, CFI sees stronger growth in both GDP and company profits in the BRIC economies and the other emerging market economies than in the US, the Eurozone and Japan. The recession in the Eurozone will clearly put a damper
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