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Pakistan’s ongoing political tumult has left a federal budget in grave danger of being starved of funds – with potentially dire consequences for the economy -
Sound infrastructure projects with high rates of return are a base for the ignition of new bonds, an official said
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It plans to invest its capital over the next five to seven years and will exit its investment within 10-12 years.
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"That is something we could bring to our board,” Masood Ahmed the fund’s Middle East and Central Asia director said
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Standard & Poor’s says there is a significant chance that India faces a downgrade, but some bankers are optimistic that demand and pricing will hold up even if the country were cut to junk.
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European banks are pulling back from emerging markets globally. The real surprise is not the pace of retreat but the speed at which the gaps are being plugged
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Defying a global downturn, south-east Asia’s economies have boomed over the past year amid a surge in domestic and foreign investment. But the region’s fate is in large part dependent on forces beyond its control
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Asian banks are meeting informally, seeking to decide whether to adjust the Basel III rules
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The unveiling last month of India’s boldest reform package in a decade took many by surprise. But fanfare alone will do little to boost a deteriorating economy
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Ad hoc policy measures must now be accompanied by “a comprehensive set of policies that address the underlying problems," El Erian said
