Capital Markets

Small sum, big deal

Small sum, big deal

It’s a company you may never have heard of, but Russia’s Human Stem Cell Institute wants to reopen the country’s IPO market and become a global biotech player. Founder Artur Isaev tells Tim Burke how he plans to do it.

Share the gains

Share the gains

The outlook has improved for emerging Europe’s stock exchanges. Now they’re laying the groundwork for further growth – together. Liz Salecka reports.

Round two

Round two

Bloody, battered but not yet beaten by the downturn, emerging market corporates and financiers are ready to continue the fight in 2010. Editor Tim Burke introduces emeafinance’s review of the crisis.

The singles club

The singles club

As the only EU economy not to fall into recession during the downturn, Poland’s performance is impressive. Eva-Luise Schwarz explores what went right – and what lies ahead.

Holding on

Holding on

Egypt has so far proven remarkably resilient in the face of the credit crunch. But it faces serious challenges in its near-term future, writes Julian Evans

Sink or swim

Sink or swim

It has helped keep emerging economies afloat during the crisis; now there are calls for the IMF to do more – and to do it differently. Julian Evans reports.

Standing strong

Standing strong

A high profile name in one of Turkey’s more resilient industries, Suzan Sabancı Dinçer has enjoyed an eventful first 18 months as Akbank chairman. She tells Tim Burke about the strengths of the country’s banking system and what needs to happen for the economy to flourish once the crisis is over.

Return of the transformers

Return of the transformers

The convertible bond market has enjoyed a remarkable transformation of its fortunes, and emerging market issuers are now looking to use hybrids to raise much-needed capital.

Out of the shadows

Out of the shadows

The collapse of the shadow banking system has devastated the securitisation market. But there are signs the market is groping its way out of the shadows and towards new rules of the game, reports Julian Evans.