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Thailand finance minister Korn Chatikavanij has added to speculation that the country is moving to impose capital controls, but promised in an interview with EM that there will be no “nasty surprises” for investors

Afghanistan must root out corruption and bolster its institutions or risk falling prey to the resource curse, a top economist has said

US pressures on emerging powers to impose sanctions are failing to win over

Rising food prices, a sky-high fiscal deficit and a yawning current account temper the euphoria over India’s rise

China must hike interest rates and appreciate its currency to combat asset bubbles and boost household consumption, a member of the Chinese central bank’s monetary policy committee has said

Governments and regulators must step up efforts to thrash out universal rules for dealing with systemically important banks—or face the risk of future global crisis—Liu Mingkang, China’s chief banking regulator has warned

The IMF is courting Asia in its bid to manage a chunk of the region’s foreign exchange reserves

IMF efforts to win back Asian nations will continue as it seeks to persuade them to take out “insurance” in the form of expanded IMF facilities, rather than holding foreign exchange reserves, Fund deputy managing director Naoyuki Shinohara has said

China is moving fast to create an offshore renminbi currency market. The redback finally seems willing to take on the greenback

China's top banking regulator Liu Mingkang argues that recent efforts at global financial reform have fallen short

The IMF is working with the Chinese government to improve access to financial services, as a means of boosting domestic consumption, Anoop Singh, the Fund director for Asia and the Pacific, said yesterday.

Following last year’s credit binge, China’s banks are now entering a new and exacting phase of life. But even if regulators demand more prudence, it’s unlikely to be at the expense of economic growth