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Over the long term, Standard Poor's (SP) believes that thebest solutions for Asean countries include opening up their nontradablesectors to greater competition, deregulatory markets andintroducing policies that foster a transparent capital market.
BRUSSELS (AP) - Recent turbulence on international financial markets and the strength of the euro in recent months has not changed the EU executive's forecast for strong growth this year, EU Economic and Monetary Affairs Commissioner Joaquin Almunia said.
LAST week marked INCEIF's (International Centre for Education in Islamic Finance) first year in existence and in one year, the institution has attracted over 600 applicants from 37 countries for its flagship programme.
'Extreme' global liquidity, partly due to healthy current account surpluses in Asia, could be the catalyst to more activity in the equity markets, said Bank Negara deputy governor Datuk Ooi Sang Kuang.
Analysts are generally bearish on the yen while an economist expects its movement to remain erratic.
In this second weekly article on the global meltdown, the writer explains the relationships between equities markets and forex, and trade deficit problems.