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Finance ministers from the Association of South-East Asian Nations (Asean) this week emphasized their intentions to keep their economies open to foreign capital, despite escalating exchange rate pressures -
The idea southeast Asia can grow without retooling its export-led economy is fantasy
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Controversy over the renminbi exchange rate should “fade away” over time, People’s Bank of China governor Zhou Xiaochuan said last night, implying that Beijing does not plan any dramatic initiatives to appreciate the currency
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Pakistan’s government is facing numerous challenges to its authority, not least from public anger over everything from growing lawlessness to the state’s perceived failure to disburse aid following the summer’s floods.
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The devastating flood has thrown into sharp relief the failures of the country's tax collection system
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The global monetary system is fast approaching a breaking point without urgent policy action on currency imbalances, George Soros told Emerging Markets yesterday in an exclusive interview
