| Hikma thrives on US generics sales Pre-tax profits leap 48 per cent to $95m as the Jordan-based drugmaker pays out a full-year dividend of 11 cents per share  Push to raise Palestinian bourse's profile Palestinian business leaders are arriving in London for an investor roadshow this week, part of a global effort to draw foreign shareholders to the Palestine Securities Exchange and raise the bourse's international profile Record start to year for emerging market bonds Issuance has surged and yield spreads have narrowed to their tightest levels over US Treasuries since June 2008 S&P raises Indonesia's credit rating Standard & Poor's raises the country's credit rating amid signs that south-east Asia's largest economy is on track for strong growth despite political infighting Short View: World's richest man The secret of successful investing has always been to find inefficient markets and exploit them, writes John Authers No need to fear renminbi strength Markets are overestimating the potential impact of an appreciation of the Chinese renminbi against the US dollar on other currencies, says Antje Praefcke Nigerian regulator cracks down on culture of 'recklessness' The new head of the country's watchdog faces a heavy task in rebuilding trust and boosting capital investment, writes Tom Burgis Probe into $50bn Nigerian equities crash of 2008 Nigeria's new securities regulator has launched a sweeping investigation into alleged abuses that contributed to a $50bn equities crash in what had been regarded as a prime frontier market Turkey's IMF financing talks end Turkey's two-year saga of on-off negotiations with the International Monetary Fund ended as prime minister says country can "stand on its own feet" Israel set for a bumpy ride to the top Israel's promotion from emerging market (EM) to developed market (DM) status by MSCI could give local equities a bumpier ride than some investors might be hoping for, says Andrew Howell Palm oil futures to be launched in Chicago CME Group, the US derivatives marketplace, is to launch a US dollar-denominated, cash-settled crude palm oil futures contract on May 23 Moody's downgrades Abu Dhabi companies Moody's has downgraded government companies in Abu Dhabi after a review of state-linked entities triggered by neighbouring Dubai's $22bn debt restructuring Brazil start-up eyes $5.6bn public offering Oil and gas industry equipment supplier revitalises Brazilian IPO market Emerging market rate risk unnerves investors Investors are pricing in big interest rate rises in emerging market economies this year, sparking fears of a stock market sell-off and prompting worries over the global recovery, which has been driven by the developing world News Wizard |