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Standard & Poor’s, the ratings agency, has launched an integrated ratings scale that could boost efforts to develop a single financial market across the 10 Association of Southeast Asian Nations (Asean) countries
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Duvvuri Subbarao, governor of the Reserve Bank of India (RBI), has called on banks to reduce their deposit rates in order to lower lending costs
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Risk aversion has begun to subside, but the international investors who had bankrolled Asia’s expansion over the last few years are notably absent. A wave of corporate defaults now looks imminent as companies that most need to raise capital are finding it the hardest
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The mounting costs of Pakistan’s fight against armed extremists threaten its economic recovery plans, the country’s finance chief has said
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The Bank of Thailand (BoT) still has room to cut interest rates to help a flagging economy after four rate reductions since December, central bank governor Tarisa Watanagase has said
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Although Pakistan’s economic prospects have brightened, the country needs a sustainable growth model – fast. But security concerns are putting the economic policy debate on the back burner
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The UN Economic and Social Commission for Asia and the Pacific (Escap), which is monitoring the spending of fiscal stimulus packages in the region, is calling for intra-regional trade to be expanded
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Politicians and regulators around the world are beginning to set out their visions for how securitisation markets will be regulated in future. International coordination is vital to prevent distortions, but will be hard to achieve given widely varying philosophies.
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The ADB is set for a record capital increase. But even armed with a stronger base, the lender will find it hard to compensate for the plunge in private capital flows, says its president Haruhiko Kuroda
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The international community’s push to improve security in Afghanistan will fail without urgent reforms to foreign aid, the country’s finance minister has said
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Shaukat Aziz, former Pakistani prime minister and ex-high-flyer at Citigroup, has defended the embattled universal banking model – days before the US government adds to the pressure to break up global finance houses by releasing “stress test” results