Sentiment in Gulf property is picking up but a truly sustainable recovery is impossible.

Amid the threat of competitive devaluations, the US and the eurozone need help from the new emerging market powers.

Exchanges might prove temporary fixes rather than permanent solutions.

Dubai World’s debt restructuring shows that orderly, voluntary agreements are the best solution to a crisis.

For the briefest of moments the news of European Union plans to bail out eurozone members that could not meet their debt obligations brought a sense of calm to the market.

The outcome of Japan’s first rights issue has critical implications for the market.

The German chancellor’s short-selling ban had no impact other than to increase speculation about the future of the eurozone.

The attack of the machines or flash crash in US stocks on May 6 highlighted serious problems in the one corner of the markets that is supposedly an oasis of liquidity and transparency. This does not augur well for plans by regulators to push fixed-income markets such as credit towards electronic trading and settlement.

As electronic trading is dragged blinking into the sunlight, more careful name choices for platforms and systems might be a good idea, if only from a public relations standpoint.

Sale proceeds to be reinvested in Africa; StanChart in Africa/Middle East custody push

Private lenders sold to foreign groups; Decisions awaited in bank licence auction

European governments are layering new levels of debt onto their stricken economies in a doomed attempt to solve a problem that was created by debt in the first place. Their measures are little more than confidence tricks. Widespread sovereign debt restructuring looks increasingly likely. Peter Lee counts down to the inevitable day of reckoning.

The government of Turkey has plans to turn Istanbul into an international financial centre. The historical, geographic and political reasons behind the plan seem sound but the details suggest that practicalities might put the project out of reach. Nick Lord reports from Istanbul.

President tries to eliminate parallel FX market; Claims irregularities taking place

IPL is India’s free market champion; Direct correlation between IPL and Sensex

Bankers expect more deals; Opportunities in natural resources

Analysts say forbearance disguises scale of bad debt problem; Santander insists its own stress tests give it confidence

Trade may be Basle III-driven; Reverse enquiry likely

First debut deals in nearly two years; Bankers expect more regional issuance

Bank makes three key hires; Issuance volumes likely to rise across all three regions

In a sign of renewed confidence as the bank recovers, RBS has launched a new Global Network Banking (GNB) division. "GNB, which is effectively a joint venture between Global Transaction Services (GTS) and Global Banking and Markets (GBM), aims to meet the needs of companies’ international subsidiaries in a more effective way," says the division’s head, Aidene Walsh.

Lower-than-expected acceptance rate for first phase; Deal is key to market re-entry

Customers claim fees excessive; NBA up against CDO claims

Platforms struggle to process trades; Aggregation services claim a victory

Diversification and scale key to deal; Unlikely to spur other M&A say participants

IPL or IPO: banks see new opportunities

Circuit breakers no cure say participants; Confidence in equity markets needs to be restored

Bank rebuilds in Latin nation; Hopes to gain investment banking licence soon

President focuses on technical overhaul and domestic growth; Mulyani’s resignation triggers plunge