Foreign exchange
Training the tiger
Derivatives are finally beginning to gain wider acceptance in Taiwan, but senior executives remain wary, associating them with the collapse of Barings and, more recently, China Aviation Oil’s huge trading losses, finds David Hayes
A calculated gamble
After a promising start, Canadian carbon trading has slowed. The country has much work to do if it wants to get a domestic greenhouse-gas trading market running ahead of the 2008 Kyoto deadline. By Catherine Lacoursiere
Emissions education
As the European carbon market continues to grow, so too do some unique challenges: not least the gap between retail and wholesale players and the problem of counterparty credit risk. Oliver Holtaway reports
Trusts gain traction
Canadian oil and gas companies are rushing to convert to royalty trusts, despite the stigma some attach to them. This is good news for the energy-hedging market, but some still have reservations about the trust sector. By Joe Marsh
A good time to build
US utilities may need to spend more than $100 billion in the next 25 years on new power plants and transmission capacity. Richard McMahon looks at how utilities are assessing long-term risks and attracting potential investors
A growing concern
Despite high natural gas prices, Canadian fertiliser maker Agrium has been posting strong profits, while some rivals have struggled. The company’s risk-management strategy has been a significant factor in its success. By Joe Marsh
Declaration of Independence
credit research
Issuers exploit demand for 31st century bond
subordinated perpetuals
A time for credit overlay
market view
Can high yield stomach glut of LBO issuance?
high-yield market
2005 credit Awards
Credit Awards 2005
Editor's letter
Comment
Battle lines drawn in ISS court case
ISS Global
credit
euro liquidity survey
Inflation-linked bonds Ready for take-off, or a load of hot air?
index-linked market
League table chicanery in Spain
Spain focus
Spreads vs volatility
chart of the month
Up, up and away! CDS index trading reaches new heights
CDS index trading
Spanish securitisation tied up in red tape
Spain focus
Two new consultation papers from CEBS
REGULATORY UPDATE
Briefs
REGULATORY UPDATE