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  • Which are Asia's strongest companies? With the region's corporates facing difficult market conditions, declining stock prices and a credit squeeze, the difference between Asia's many underperformers and its increasingly global star players is likely to grow. Asia's leading analysts gave their views of the best companies by sector and region in Euromoney's annual survey. The results contain a few surprises. In the Indian sub-continent - included this year for the first time - Pakistan's companies are rated higher than their counterparts in India. Research by Rebecca Dobson
  • Latest modelling techniques mean rocket scientists at banks can finally get to grips with the age-old problem of credit risk. It means a new lease of life for old portfolio theory and even older maths, as Mark Parsley finds out.
  • It is hard to judge which was the worst piece of news to hit the Malaysian stock market and corporate community in the last few months. Was it the remarks made by prime minister Mahathir Mohamad blaming international speculators for the Asian meltdown?
  • There could yet be one beneficiary from the collapse of Yamichi: Frank Partnoy, author of recently published FIASCO, subtitled Blood in the Water on Wall Street. The former emerging-markets derivatives trader at Morgan Stanley exposes the aggression and greed that drove derivatives teams to take advantage of naive clients during the mid-1990s.
  • The first investment-management company in the Gulf region managed by ladies for the benefit of ladies will be inaugurated in January 1998. The Qatar Ladies Investment Company is the brainchild of 28-year-old managing director and shareholder Sheikha Hanadi Al Thani who saw a need to fill the very large gap in women's finance in her country.
  • If there's ever been a better reason to begin or renew your subscription to Euromoney, this is it. We're told that the Bank of Japan only found out about Yamaichi's off-balance-sheet losses the Saturday before the securities house went into liquidation last month.
  • Ten months good, two months bad...
  • You ain't seen nothin' yet
  • Country Risk December 1997: It could be worse
  • Global Economic Projections: Overall Rankings
  • Country Risk December 1997: It could be worse
  • Issuer: UPM-Kymmene