In a country where the number of landline phone owners and PC users is relatively low, and mobile phone ownership almost universal, mobile banking offers healthy opportunities to expand financial inclusion in India.
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Evolving backdrop raises questions over capital controls
March 21, 2011Massive capital flows into Asia led many Asian countries to introduce capital controls and other mechanisms in a bid to stem flows and limit rising currency valuations. However, rising inflation and talk of interest rate rises have raised fears about slowing growth, leading to money flowing the other way.
EU proposals on naked short-selling will damage liquidity
March 21, 2011Since the Greek sovereign debt crisis unfolded, many European politicians have accused speculators of using credit default swaps to bet on sovereign default and thereby intensify a debt event. Research – some by the European Commission itself – has shown that this causal relationship does not exist. Yet there is significant support for action.
Bank of Moscow debut succeeds in difficult environment
March 18, 2011Bank of Moscow's debut Eurobond could hardly have been launched at a more difficult time. The political intrigue surrounding the mayor of Moscow was compounded by a potential change of ownership at the bank and a downgrading by Moody's.
Does Brazil have a credit bubble?
March 18, 2011Fears expressed recently that a credit bubble is emerging in Brazil have been dismissed by bankers in the country. However, there are other risks to the country's economy that do concern them.
World
/ Middle East
/ Kuwait
Central Bank of Kuwait's precaution pays off
March 18, 2011Sheikh Salem Abdul Aziz Al-Sabah, central bank governor of Kuwait, tells The Banker about the next steps in the country's economic development plan and how a regional single currency can become a reality.
World
/ Middle East
/ Kuwait
Kuwait Investment Authority moves to active investment
March 18, 2011With a reputed $200bn under management, the Kuwait Investment Authority has been moving away from its traditional reliance on blue-chip stocks, but will its new enthusiasm for active investment pay off?
World
/ Asia-Pacific
/ China
Dollar and yuan both hold the answer to global imbalances
March 18, 2011The senior researcher for China’s government-backed think-tank on international economics says the US dollar needs to share the burden of being a global trade and reserve currency.
World
/ Middle East
/ Kuwait
Kuwait's energy sector faces political stalemate
March 17, 2011Oil companies are looking to Kuwait's government for signs that the country's major energy projects are to get under way, but legislative deadlock is hampering their future.
E.ON sets new precedent for German buybacks
March 17, 2011E.ON's recent liability management exercise shows that German companies can indeed successfully tender for outstanding debt, and may encourage others to follow.
