The latest high in China’s repeated boom-to-bust story has spurred the government into corrective action with a new austerity campaignwhile the central bank is continuing with reform of the banking sector. Louise do Rosario reports from Shanghai.

South Korea’s banks have been suffering wide profit swings. Park Sang-soo reports from Seoul on their efforts to find alternative sources of income to beef up their profitability.

In a bid to boost South Korea’s sluggish economy, the government has revised asset management laws to encourage the growth of private equity funds. But the move has its opponents, as Kim Ji-hyun reports.

Chen Shui-bian’s victory in retaining his hotly contested presidency has set Taiwan firmly on the road to modernisation. Dennis Engbarth reports from Taipei.

Dennis Engbarth reports on Taiwan’s first successful, officially-backed managed exit from the banking market.

Market players are once more eyeing up Indonesia’s banks, indicating a return of confidence but, as Tim Johnston reports from Jakarta, the long-term outlook is by no means certain.

In the past decade, the Bolivian banking system has faced economic crises brought on by social unrest but has withstood them. Jason Mitchell reports from La Paz.

Mozambique’s prime minister, Luisa Diogo, tells James Eedes about the country’s immense progress in the past decade and its plans for future reforms.

Finance minster Yaw Osafo-Maafo tells James Eedes how Ghana has managed to shake off financial chaos in the past four years and take the lead in establishing new benchmarks of governance in Africa.

Tanzania’s finance minister Basil Mramba talks to Steven Timewell about moves to secure natural resources and update land legislation to free up domestic financing.