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  • Indian Finance Minister: On downgrades, reversals and press misquotations
    "I must confess to you that at times the BJP [Bharatiya Janata Party] is misunderstood, misreported and statements are quoted out of context," says India's new finance minister Yashwant Sinha.
    July 01, 1998
  • Awards
    Awards of Excellence 1998
    The financial markets have never stood still. But rarely have they moved as quickly as they do today. The winners of all our awards by product sector are facing the same forces. Globalization is driving the market and firms are responding by consolidating. Take a careful look at the winners. They are sure to be very different next year.
    July 01, 1998
  • Opinion
    No escape for Latin America
    The emerging-market crisis will roll on, mutating like a virus as it kills investor dreams. Sure, Latin America's flaws are not those of Asia. But they're deep enough for the region to get whacked.
    July 01, 1998
  • Awards
    Awards for Excellence: Middle East
    Awards of Excellence
    July 01, 1998
  • Awards
    Awards for Excellence: Latin America
    Awards of Excellence
    July 01, 1998
  • Opinion
    The capped crusader
    Captain Euro to rescue Europe's ailing identity! That's the hope anyway. Captain Euro, a euro-currency cartoon hero, and his attractive female partner Europa were launched by Twelve Stars Communications on the internet last month (www.captain-euro.com).
    July 01, 1998
  • Exchanges - who needs them?
    What will futures exchanges be like in the next millennium? As electronic markets bring end-users ever closer, will we need them at all? Exchanges could eventually be replaced by giant clearing houses. But traditionalists say there will always be a demand for the intensity of the trading pit, and none argue with more passion than Pat Catania. David Shirreff reports.
    July 01, 1998
  • BANKING
    Glass ceiling breached
    Naming a woman to a senior management position of a Japanese brokerage would have been unthinkable in Japan's securities industry as recently as 10 years ago. Of course, back then Japanese brokerages were raking in commissions from Japan's overheating equities market.
    July 01, 1998
  • BANKING
    Espresso banking at Wells Fargo
    Ever felt that your local bank branch was a little dull? Are you spending time in the bank when you have other chores to do? Do banks make you feel hungry?
    July 01, 1998
  • Everyone's a winner
    Latin America is an unlikely safe haven. But as Asia melts down, the region's new foreign invaders are thankful that they spent their billions there. The acquisitions should be good for the local markets too. Jules Stewart reports.
    July 01, 1998
  • BANKING
    China's clever game
    Hong Kong's economy sank into recession in the first quarter and those who argue for a devaluation of the Hong Kong dollar are starting to be taken more seriously. This worries outsiders, particularly the US, who believe that devaluation would cause a crisis of confidence in Hong Kong itself and would spark a fresh round of currency crises in the region. This in turn would damage the global economy.
    July 01, 1998
  • Tales from the Vienna woods
    Hotel Intercontinental Wien, Johannesgasse 28, Wien, Vienna, Austria
    July 01, 1998
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