Search results for

The country has lost financing support from the Poverty Reduction and Growth Facility (PRGF) arrangement from the IMF

Focus is on financial sector reform

Syria is the biggest Ukraine's trade partner in Middle East due to close ties in military areas

China is still not a major capital exporter in the world.

The parliament failed to pass another IMF-required law related to social security

Argentina and the Dominican Republic were both given upgrades this week for restructuring their debt

Emerging portfolio fund research

Asiamoney's Second Annual Taiwan Forum took a close look at the issues of the new financial landscape. In the final plenary session, key players from the capital markets debated the impact of new rules for bank capital and the treatment of derivatives. They also aired their views on the real reasons for the glacial pace of mergers among Taiwan's many banks.

Goldman Sachs has traditionally resisted building a star culture. But its new China joint venture is headed by the well-connected mainland banker Fang Fenglei, a strategy that's made some Goldman bankers nervous. As Joanne Gray reports, the rewards may be worth the risk.

India's largest private-sector company Reliance Industries has been split into two, with each brother taking a chunk of the business created by the late Dhirajlal Ambani. In the wake of a family drama, investors are upbeat about the prospects, writes Yassir A. Pitalwalla.

There's no doubt that Goldman Sachs pulled off an extraordinary coup last year, when it won full regulatory approval to set up an investment banking joint venture in China. Goldman has teamed up with Chinese investment banker Fang Fenglei, financing his stake in a new securities trading firm that is being built in the image of Goldman Sachs, right down to the doorknobs. The idea is that when the rules allow, Goldman will take a majority of the investment bank joint venture, Goldman Sachs Gao Hua, and the securities firm, Gao Hua. In the meantime though, the structure is ambiguous. No doubt Fang has plenty of incentive to build the business hand in hand with Goldman Sachs but Fang, the chairman of Goldman Sachs Gao Hua, is exceptionally well connected on the mainland and it remains to be seen whether he will follow orders or do business in his own way.

What impact will higher costs in the corporate sector have on China's domestic economy?