Sitting on its billions

Article Abstract:

Critics say Taiwan's conservative investment policies are squandering its potential for world industrial and financial leadership. The cautious lending policies of its central bank resemble the mercantilist policies of larger earlier empires such as Great Britain.

Taiwan, International relations, Monetary policy

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Cleaning up the rupees

Article Abstract:

Pakistan's banks now accept foreign currency for accounts that provide absolute secrecy to the depositor. As a result, capital has been flowing to Pakistan at an accelerated rate. Much of the estimated $1 billion in new capital may be tainted.

Pakistan, Money laundering

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Bombay ducks: Indian stockmarket

Article Abstract:

A banking scandal has caused stock prices in Bombay, India to plummet. Standard Chartered Bank PLC and ANZ Grindlays PLC are under investigation for making unsecured loans to brokers and small banks.

Crime, Standard Chartered Bank PLC, Bombay, India, ANZ Grindlays Bank PLC (Qatar)

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Subjects list: Banking industry, Investigations
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