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Turkish economy minister Mehmet Simsek has insisted that his government will tightly control spending – despite plans, unveiled yesterday, to cut the primary surplus target to 3.5% of GDP and to loosen budget targets for this year.

In a rare interview, Zhou Xiaochuan rules out a faster rise in renminbi, hints rate hike not imminent

Top lawmaker stresses support for regulatory shake-up as US economy falters

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For over 20 years Ian Kerr’s writing was the must-read of the capital markets. Provocative, funny and thoughtful by turns, he managed to inject fun into markets and situations both triumphant and disastrous. Michael Halls reflects on his style and offers samples of his different voices.

It was a black day for the capital markets when last Thursday we lost Ian Kerr, who had commented on the markets since the 1960s and become their pre-eminent gossip columnist. Ian’s many friends will mourn a warm, delightful and deeply kind person; some of his targets will breathe easier; all in the capital markets will miss a voice that gave them the fullest — and funniest — reflection of their business available in print. EuroWeek honours a man who came to epitomise the markets he loved. By Jon Hay

The service will be held at 2pm at Chelsea Old Church in London. The church is at the corner of Old Church Street and Cheyne Walk. The nearest tube station is South Kensington. Buses include 11, 19, 22, 49, 239, 319 and 328, according to the church's website.

Last week’s botched attempt by Petrobras to tap its global 2016 bonds again highlights a worrying intransigence among emerging market borrowers. It’s time the message was delivered loud and clear: “pay up or shut up”.

A striking feature of the debate over the deepening credit crisis is the absence of one formerly ubiquitous voice: that of the IMF

A collective blindness has taken hold in the markets as investors and rating agencies sleepwalk into what could become the next subprime disaster — this time in China

In unique public statement, CIC chief warns Europe against protectionism

Dealing with the fallout of emerging market crises characterized much of Lawrence Summers’ time in government. His advice to many countries at the time – including building up foreign exchange reserves as a buffer against future shock – has had lasting effects