Latest articles from World

Korn Chatikavanij teaser

Thai finance minister fears currency war

December 23, 2010

Korn Chatikavanij is concerned that the country will get caught up in a currency war at a time when its own export-dependent economy is going from strength to strength. Interview by Brian Caplen.

German banks

German banks feeling the strain

December 23, 2010

Rescue packages and a rebounding economy have stabilised the German banking system. But it remains vulnerable to weak profitability, low-quality capital and exposure to cyclical industries abroad. Moreover, some believe that even the crisis has failed to force structural change. Writer Geraldine Lambe

George Osborne teaser

George Osborne looks for global answer to global imbalances

December 23, 2010

George Osborne, the UK's chancellor of the exchequer, urges all countries to play their part in redressing the global imbalances that allowed the credit crisis to happen. Interview by Courtney Fingar.

A Citi bank branch in Mumbai, India is one of only 45 in the region.

India keeps limits on foreign banks

December 23, 2010

Eager to take advantage of India's economic strength and increase their presence in the region, foreign banks are coming up against strict branch-licensing laws as India seeks to protect its banking sector from the vagaries of the global market. Writer Rekha Mehon

Still on track? The EU flag is carried from Germany to Poland. How long it will take the euro currency to follow suit is up for debate

Poland seeks answers to the euro question

December 23, 2010

Polish policy-makers appear to be pushing the prospects for euro adoption further into the future. But this still leaves the country's banks with a dilemma about how to respond to client demand for retail loans in foreign currencies. Writer Philip Alexander

Ferit Sahenk

Acquisition drives regional ambition

December 23, 2010

BBVA's acquisition of almost 25% of Garanti Bankasi will give the Turkish bank a huge boost in its efforts to become a major player in eastern Europe, the Middle East and north Africa, according to Garanti's chairman. Writer Metin Demirsar

Deriner Dam was built to reduce Turkey's energy dependency, but was criticised because its impact on key historical sites

Turkey grapples with project finance demands

December 23, 2010

Turkey is facing the task of doubling its installed power-generating capacity in the next decade, while also speeding up reforms in the energy sector to ensure planned projects can gain access to finance. Writer David O'Byrne

Federico Ghizzoni, UniCredit's newly appointed CEO

UniCredit's new leader still has some old problems

December 23, 2010

Federico Ghizzoni, UniCredit's new CEO, appears to strike the right personal balance between the group's Italian origins and its pan-European reach. But some of the dilemmas that dragged down his predecessor, Alessandro Profumo, need resolving. Writer Philip Alexander

Bahrain Financial Exchange targets sharia business

December 23, 2010

Island kingdom Bahrain has opened a new Islamic exchange house and is launching innovative products to the market, such as an electronic trading platform, in an attempt to capture a bigger share of sharia-compliant assets. Writer Hafsa Kara

Xhentil Demiraj, debt director, Albanian Ministry of Finance

Albania times Eurobond debut to perfection

December 23, 2010

Despite its close proximity to crisis-hit Greece, Albania made its first foray into the Eurobond market last year. After agonising over when to issue the deal in such a volatile market, it would seem that the timing of the launch was just right. Writer Joanne Hart

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