Urgent action is need in the eurozone, while China “loses out” by not attending the meetings, the IMF head tells reporters in Tokyo ahead of the 2012 IMF-World Bank gathering this week.
Statistics show that what happens in Europe has little bearing on the financial performance of Asian companies. But perhaps now is the time to change that.
Standard & Poor’s Kim Eng Tan discusses the effect of the eurozone debt crisis on Asian sovereigns, and considers the rating outlook for India, China, the Philippines and Indonesia.
Ritesh Maheshwari, managing director and Asia-Pacific head of financial institutions ratings at Standard & Poor’s, discusses the effect of the European debt crisis on Asia-Pacific banks.
The UK's credit crunch and a shortage of new homes are driving up home prices in London and may offer opportunities for investors in Asia, according to property fund manager Cordea Savills.
Speaking at a Deutsche Bank conference focusing on Women in Asian Business, the bank's next co-head says speculation about a break-up of the eurozone is unfounded and adds that, from a bottom-up perspective, the world is in good shape.