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Brazilian President Luiz Inacio Lula da Silva said that there is no crisis between Brazil and Bolivia. Lula said that Bolivia can not impose its sovereign decision over Brazil. The fact that Bolivians have rights does not deny Brazilian rights, he said. Lula is expected to meet his Bolivian counterpart Evo Morales on May 4, to discuss the impact of Bolivia's decision to nationalise its gas fields gas fields .Venezuelan and Argentinean Presidents Hugo Chavez and Nestor Kirchner will also attend. Bolivian President Evo Morales said on Monday that foreign private companies should give his government majority stakes in the Bolivian gas industry, and that the state should decide who could buy gas and at what price.

Jefferies & Co. in New York has hired an equity derivatives trading head and senior trader from Goldman Sachs.

Policy-makers disagree on nature of threat as spectre of economic disorder looms

With soaring oil prices, Asia’s economies must break free from overdependence on imported energy. The real bottlenecks are often domestic

ASEAN+3 ministers endorse controversial currency study

The prospect of more sanctions is likely to finish off North Korea’s flirtation with Chinese-style economic reform

China’s leadership has taken encouraging steps towards remedying some of its inherited ills - especially the welfare of its rural poor. But putting right the legacy of the 1990s won’t be easy

China central bank governor unruffled by reports on recurrent bank failings

Multilateral support hinges on a permanent Maoist truce, says ADB

Authorities claim efforts to remedy the blight of corruption are having unexpected consequences.

Markets are waiting eagerly for China’s bond market to evolve. Central bank governor Zhou Xiaochuan tells Emerging Markets why he is committed to reform

Despite its first steps towards economic recovery, concerns are growing that Japan might end up averting an asset bubble at the cost of a bond market crisis