Senator Richard Lugar: queried the ADB's loans to India and China because of their relative wealth
It may have been delayed, but the aftershock of the crisis in Western banks is having huge consequences in Asia. As a result, the Asian Development Bank has seen a revival in its importance as people look to it to prevent the damage festering. Writer Nick Parsons

BTA Bank has been at the centre of a financial storm involving a state bail-out, Kazakhstan's real estate crash and rotating central bank governors. However the tools to stabilise the situation now appear to be in place. Writer Philip Alexander

Taiwan's banking industry is in dire straits and remains in desperate need of consolidation. Many banks are hoping better relations with China may open up new revenue opportunities but this remains to be seen. Writer Michelle Price

The global financial crisis has highlighted weaknesses in equity market structures. The markets must reform if they are to attract long-term institutional liquidity. Writer Michelle Price

While US and European banks went into meltdown, India's banks reported healthy profits. Many applaud the country's liquidity policy for helping avoid the West's pitfalls, but does this hamper the country's capital requirements? Writer Rekha Menon

South Korea has enjoyed miraculous economic growth for the past four decades, setting it apart from many of its Asian peers. But as an engine of export and an overleveraged economy, it is now highly exposed to the global financial crisis. Writer Michelle Price

At a time when other regulators are looking to impose tougher controls, the Malaysian Central Bank is pushing for further liberalisation. Writer Geraldine Lambe

Having already introduced many tax and business incentives, Malaysia is consolidating its position as an up-and-coming hub for Islamic finance. Its policies reflect the belief that developing the sector is crucial to the country's future success. Writer Geraldine Lambe

The Monetary Authority of Singapore is predicting greater flows of trade between the Middle East and Asia, and has issued its first sukuk by way of preparation. Its managing director explains why. Writer Geraldine Lambe

Thailand is suffering tumbling export receipts and a decline in business confidence and investment. Its recently installed minister of finance discusses how he plans to get the country through the crisis. Writer Simon Montlake