Latest articles from World

Audley Shaw

August 30, 2010

Audley Shaw, Minister of Finance and the Public Service, Jamaica

A raft of economic and financial reforms implemented by the Jamaican government is designed to return the country to a path of sustainable growth and development.

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Hong Kong benefits from China's dynamism

August 30, 2010

As mainland China continues to develop its capital markets, Hong Kong is well placed to pick up new cross-border trade and help facilitate the internationalisation of the renminbi.

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UN sanctions no barrier to determined banks

July 28, 2010

The UN sanctions that are restricting the activity of Iran's banking sector may be tough, but they are not stopping those determined to do business. Writer Spencer Anderson

Keeping faith

July 28, 2010

Western banks operating in the Gulf are keen to reaffirm their commitment to the region, claiming that recent debt problems in Dubai and Saudi Arabia have not shaken their confidence in the area's financial prospects. Now banks are exploring new strategies and reporting positive news. Writer Daniel Maalo

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Tough times in paradise

July 28, 2010

Caribbean economies have been hit hard by the global crisis, the Haiti earthquake and the near-collapse of CL Financial in Trinidad though its top performers still have plenty to shout about. Writer Silvia Pavoni

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The remarkable resilience of Pakistan's banks

July 28, 2010

Despite an extremely challenging fiscal, political and security environment, Pakistan's banks have remained remarkably resilient. But high interest rates, low economic activity and a bruised consumer portfolio continue to suppress loan growth. Writer Michelle Price

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Bulgaria and Romania defy Eurozone woes

July 28, 2010

Greek banks control at least a fifth of the banking markets in Bulgaria and Romania but, despite this exposure to one of Europe's more troubled economies, bankers in the two countries believe there will still be a sufficient supply of credit to meet demand. Writer Philip Alexander

Andorra opens up

July 28, 2010

Under pressure from the international community, Andorra is trying to increase the transparency of its banking sector, while deficit-driven tax reforms could erode its tax haven status. Writer Rodrigo Amaral

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Sukuk-based project finance takes off

July 28, 2010

The capital markets were deemed too fragile to issue a riyal-denominated Islamic bond to help fund Satorp's greenfield refining project in Saudi Arabia, but that doesn't mean this type of asset funding has gone away. Project sukuk are becoming well known in the Middle East as Islamic finance-friendly products. Writer James Gavin

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UK offshore centres fight 'tax haven' label

July 28, 2010

The UK's offshore financial centres do not deny that they have accommodating tax regimes, but they baulk at the label 'tax haven' and all the negative connotations that tag brings. Writer Charlie Corbett

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