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  • Issuer: Republic of Ukraine
  • Oriental Hotel,
  • The great bank sell-off
  • At the top end, Russian banking still revolves around lucrative government business and political influence. But with T-bill yields falling below 20% this summer and alleged corruption in the banking system, which acts as a surrogate government treasury, Russian banks face some big challenges. Charles Piggott reports on whether the time has come for Russian banks to get their hands dirty doing what their namesakes elsewhere do - lending money.
  • Investment bankers have nothing but plaudits for Gao Jian, the man who is turning China into one of the world's premier borrowers. A smallish, soft-spoken individual, Gao is the director general of the state debt-management department at the ministry of finance. He cuts a distinctive figure, sporting a shock of spiky hair, a worsted silk tie and chunky black, rectangular spectacles.
  • Indonesia's exchange-rate problems may be just the shock it needs to put an end to the special trading concessions, monopolies and petty levies that add so much to the cost of doing business. Without deregulation, Indonesia's days of high economic growth may soon be over. Maggie Ford reports.
  • Deals of the Year
  • Not all the central bank governors in Hong Kong this September for the IMF/World Bank annual meetings are staid middle-aged men in suits.
  • It's been the year of the emerging markets with many of Euromoney's 50 best deals of the year coming from key countries such as China, Russia, Brazil and Argentina. Our selection focuses on the important, interesting and innovative transactions from January to August. We have selected five for special mention and also highlighted some deals that were, frankly, dogs. By Robert Minto.
  • Since Anatoly Chubais became finance minister, Russia's stock has risen dramatically. The architect of privatization is now pushing ahead with wide-ranging economic reforms, to the delight of the international community.
  • Waiting for banks to bite the bullet
  • His combative approach - along with $70 billion reserves - has seen off all the currency speculators so far. But does Joseph Yam sleep easy at night?