Asian Development Bank president Kuroda Haruhiko's calls for sound financial systems to channel Asia's savings into its own development process.
World
Latest articles from World
World
/ Western Europe
/ UK
London remains the financial capital of the world
June 1, 2011A BNP Paribas Real Estate survey has found that 82% of respondents consider London to be the world's leading financial centre, helping to assuage fears that the financial crisis had weakened its position.
Exploitation of ultra-deep water blocks set to multiply Angola's oil wealth
June 1, 2011New measures have been put in place to ensure Angola's local economy benefits from moves allowing international oil companies to develop the country's newly licensed deep-water reserves.
Breakthrough year for Istanbul's international financial centre ambitions
June 1, 2011High valuations, rising equity issuance and plentiful financing in a growing variety of formats all point to Istanbul making progress toward its goal of becoming an international financial centre.
Angola's booming economy bodes well for Eurobond
June 1, 2011It has been a long time coming, but bankers are hoping Angola will be finally be able to issue sovereign bonds and raise at least $500m on the Eurobond market, thanks to the country's recent strong economic performance.
Competition heats up for eastern Europe equity listings
June 1, 2011The trend toward giant international stock exchanges highlights the value of listing on a more specialised market for companies in central and eastern Europe. Warsaw and Vienna are competing for that business.
Denmark's smallest banks remain stubborn on consolidation opportunities
June 1, 2011Danish banks are coming under increasing pressure to consolidate their fragmented sector. But debate rages over whether bigger really is better, and the jury is still out on the advisability of merging in unsettled times.
Will ESMA succeed with the credit rating agencies?
June 1, 2011New European regulation on credit rating agencies will soon come into force. And while everyone is in agreement on the need for improvement, opinion is divided on the best way to achieve this. So will ESMA make a difference?
Africa offers huge returns on investment for foreign institutions
June 1, 2011A cocktail of an under-developed banking industry, favourable macroeconomic conditions and return on equity forecasts of up to 45%, means sub-Saharan Africa is now a highly attractive proposition.
Why did some community banks fail and others thrive in the US crisis?
May 9, 2011Some US community banks managed themselves conservatively and stuck to their knitting while others expanded too quickly on the back of the real-estate boom. While the former are prospering, the problems and failures among the latter are adding up.
