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  • The end of free markets
    Is the three-year equity bear market nearing its end? Or is it just the beginning of a financial and economic collapse that could shake the very core of the free-market capitalist system?
    September 01, 2002
  • Lee Thomas
    Global bond strategist, Pimco
    September 01, 2002
  • Awards
    Finance minister of the year 2002: Veltchev takes his debt skills back home
    When investment bankers decide it is time to leave their industry, many take extended leave or choose to retire altogether. Milen Veltchev went straight to being Bulgaria’s finance minister.
    September 01, 2002
  • Creating a free market in power
    Kazakhstan has had more success than most former Soviet states in reforming its power sector. Electricity suppliers hope prices can be pushed higher but the abundance of oil and gas will limit rises.
    September 01, 2002
  • Loan exploits a shift in sentiment
    South Africa
    August 01, 2002
  • Superpeso develops a fear of flying
    Mexico
    August 01, 2002
  • Opinion
    Oldest profession turns a new trick
    Australia's largest brothel, the Daily Planet in Melbourne, is aiming to pick up investors by offering the public the chance to buy shares as well as sex.
    August 01, 2002
  • BANKING
    EM 250 - 1 to 50
    51 to 108
    August 01, 2002
  • It's like déjà vu all over again
    Business fashions never take long to change. But the current fad for one-stop shopping in financial services looks like being one of the shortest lived of all.
    August 01, 2002
  • Opinion
    Treasurer fails to add up
    Spain's national treasurer, Gloria Hernández García, was caught in a rather embarrassing fix at a conference last month.
    August 01, 2002
  • Opinion
    Pricey bear market
    The recent equity collapse may well mark the end of the bear market. But I doubt it. Sure, there is a strong equity rally from oversold levels out there somewhere. And improving corporate and macro news will at some point drive it. But there are powerful opposing forces. Wealth destruction in equity markets, a plummeting dollar and rising risk aversion in debt capital markets will damage the global economy.
    August 01, 2002
  • Futures shock for block-trade resisters
    CBOT, which bars futures block trading, remains its strongest opponent – most recently complaining about a rival’s reporting-time rules. Is this an objection to deals that make the market less transparent or a backstop defence of CBOT’s pit traders? And can it hold out against a strategy widely regarded as vital to modern markets?
    August 01, 2002
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