Award Winners
WORLD’S SAFEST BANKS – 2008
New York, 4 September 2008 Global Finance magazine has released its annual ranking of the Worlds Safest Banks, which will...
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Award Winners
Features : Fuel For The Growth Engine Annual Report
STARS OF CHINA Over the past decade, China’s government has been working on an ambitious plan to improve the health, transparency and effectiveness of its country’s sprawling banking system. Weighed down with bad loans, mired in bureaucracy and often plagued ...
News
Milestones : Slumping Copper Prices Take Shine Off Growth
CHILE Chile's president Bachelet: Stimulating economic growth. While high copper prices had maintained Chile’s economy as Latin America’s strongest, it seems the party is over as prices plummet and demand wanes. The South American country, the world’s largest ...
News
Newsmakers : Satyam Fraud Throws India’s It Industry Into Disarray
INDIA Satyam: Facing disaster When Satyam Computers’ founder, chairman & CEO Ramalinga Raju revealed the depth of the accounting fraud he had perpetuated for more than a decade, investors were left with more questions than answers, particularly about ...
News
Editor’s Letter : A Question Of Trust
At its core, the entire global financial system operates on the basis of trust...
Emerging & Frontier Markets
Emerging Markets : Banking Giants Push For Growth
BRAZIL Presidents Medvedev and Lula call for the first-ever BRIC summit. Eager to maintain its status as Latin America’s largest financial institution, Banco do Brasil, Brazil’s largest state-controlled bank, announced the acquisition of Nossa Caixa, a bank ...
Emerging & Frontier Markets
Emerging Markets : Business Confidence Crumbles Amid Economic Gloom
INDIA Building hope: One of the few brights spots in the Indian economy, real estate still attracts investors. Leading Indian manufacturers have dismissed the Indian government’s $4 billion stimulus package as insufficient. The Federation of Indian Chambers of ...
Emerging & Frontier Markets
Emerging Markets : Downturn Bites Harder
<p>China Treasury secretary Paulson and Chinese president Hu vow to fight protectionism. China has increased export tax rebates and depreciated the value of the yuan relative to the US dollar in recent weeks, prompting fears that protectionist pressures ...</p>
Emerging & Frontier Markets
Emerging Markets : Financial Crisis Repercussions Threaten Putin’s Legacy
RUSSIA Defending his legacy: Putin spends his way out of financial crisis. The Russian economy continued to slide down a slippery slope of economic crisis as a series of adjustments to the trading corridor of the ruble reflected ...
Emerging & Frontier Markets
Emerging Markets : Nigeria Sets Up Credit Bureau
Africa Africa's airlines are looking to tap new credit lines. The Central Bank of Nigeria issued guidelines for establishing and operating credit bureaus, in a move that will support the development of the country’s credit market by providing ...
Banking
Features : After the Storm
BANKING CRISIS FALLOUT Colossal losses by financial institutions have prompted calls for more-effective regulation. Refining the Basel banking rules might provide the answer. Global crisis: For the biggest names in banking there has been nowhere to hide from ...
Country Report
Features : Country Report : Taiwan
Policymakers in Taiwan are pulling out all the stops in their response to the global economic slump. Taiwan's president Ma Ying-jeou: Promoting better relations with China. Taiwan is an economic success story. The island, despite political ...