Bank of Korea governor Choongsoo Kim tells Jane Cooper how he aims to bridge the gap at international meetings between emerging and developed economies, and how he plans to globalise South Korea’s central bank. 

With South Korea's underdeveloped capital markets struggling under the growing weight of the country's rapidly expanding conglomerates, the pressure is on for the sector to evolve and mature – with the government, regulators and banks all taking steps to achieve this goal. But will new regulations and improved infrastructure be enough to transform the industry?

Mobile money, including banking and payments, is encroaching into the everyday life of the consumer. Monetising the business is still proving difficult, but thanks to the abundance of products available already, tangible business models are slowly emerging.

As South Korea's economy has developed in recent decades, its major companies have grown in tandem. However, as questions are raised about these companies' lack of contribution to Korean 'society' and concerns are aired over their over-importance to the country's economy, what does the future hold for the likes of Samsung?

Delegates at the annual Asian Development Bank meeting in Manila had their attention firmly focused upon another continent – Europe – and what the economic problems in the region may pose for its trade and financial activity in Asia. 

A combination of policy intervention in emerging markets and high residual risks in developed markets means volatility in emerging market currencies looks set to continue.

From drawn-out court cases to labour union strikes, the trials and tribulations of the multinational banks that have tried to invest in South Korea have left many observers with the impression that the country is hostile to foreign capital.