The government’s rescue of Ashikaga regional bank illustrates that, while Japan’s economic outlook has improved, there are still areas of concern.
Asia-Pacific
Why China is Hong Kong’s best friend
December 2, 2003The opening up of the mainland will attract foreign investment into the city state and bolster its exports.
Recovery against tough odds
December 2, 2003
Criticism is mounting of the IBRA’s restructuring efforts. But any
assessment must factor in the volatile environment in which the agency
had to operate, says Brian Caplen.
Open door policy comes knocking
December 2, 2003China may have to swallow the unpalatable and seek foreign assistance if it is to remedy its huge non-performing loan problem. Brian Caplen reports.
Australia slashes credit card interchange fees
November 3, 2003Interchange 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.
CEOs with eyes on expansion
November 3, 2003The heads of the top three banks in Singapore tell Karina Robinson about their strategies for growth – three different routes to overseas expansion.
All uphill for foreign banks
November 3, 2003Despite 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.
Property magnate and babe magnet
November 3, 2003Hong Kong property tycoon Vincent Lo talks to Karina Robinson about his strategy for doing business with mainland China.