Criticism is mounting of the IBRA’s restructuring efforts. But any assessment must factor in the volatile environment in which the agencyhad to operate, says Brian Caplen.
China may have to swallow the unpalatable and seek foreign assistance if it is to remedy its huge non-performing loan problem. Brian Caplen reports.
The opening up of the mainland will attract foreign investment into the city state and bolster its exports.
Interchange fees for credit card transactions in Australia are to be virtually halved following tough action by the Reserve Bank of Australia (central bank) and the failure of an appeal by Visa, MasterCard and BankCard in the federal court.
Hong Kong property tycoon Vincent Lo talks to Karina Robinson about his strategy for doing business with mainland China.
The heads of the top three banks in Singapore tell Karina Robinson about their strategies for growth – three different routes to overseas expansion.
Despite the liberalisation of China’s banking system, in line with WTO guidelines, foreign banks still face major hurdles in operating profitably, says Louise do Rosario.