Fraser Howie

Foreign financial institutions will never be more than bit players in China

That global investment banks are still having to restructure and come to terms with a very different financial landscape since the global financial crisis is hardly news. But a few weeks ago, Deutsche Bank announced that as part of its latest restruc...

  • Daniel Yergin

    Where's all the stimulus from the 50% drop in oil prices?

    The shale revolution has shielded oil supplies from geopolitics, but cheap energy may be foreshadowing trouble down the road, says Daniel Yergin.

  • Stephen Grenville

    Bernanke raises as many questions as answers

    The former Fed chief gives an admirable account of the financial crisis, but misses some key points, writes Stephen Grenville.

  • Kemal Dervis

    Will technology kill convergence?

    WASHINGTON, DC -- At last week's annual meetings of the World Bank and the International Monetary Fund in Lima, Peru, one topic that dominated discussions was the slowdown in emerging-economy growth. Hailed in the wake of the 2008 financial crisis as...

  • Nicholas Spiro

    India's resilience could prove limited

    Investor sentiment toward emerging markets has improved noticeably so far in October. A tentative recovery in oil prices and the perception that a further delay in the tightening of U.S. monetary policy may be beneficial for emerging market asset...

  • Robert A. Manning

    Myths and realities of the Trans-Pacific Partnership

    U.S. failure to ratify the pact would undermine America's credibility in the region and give momentum to China's efforts to create parallel institutions, writes Robert A. Manning.

  • Zhang Jun

    China's monetary-policy choice

    SHANGHAI -- China's economy has followed a remarkable course in recent years: from record-breaking powerhouse to major global risk, at least in the eyes of some. Indeed, with GDP growth this year almost certain not to reach the authorities' 7% target...

  • Interview

    'Another disappointing year' for global growth: World Bank's Kose

    WASHINGTON -- The global economy this year does not appear likely to achieve even the modest improvement predicted in June, Ayhan Kose, director of the World Bank's Development Prospects Group, told The Nikkei. Excerpts from the interview follow....

  • Peter Tasker

    Busted -- how much further can commodities fall?

    Global commodity prices have reached their nadir as we enter an era of gluts and industrial over-capacity, writes Peter Tasker.

  • George Magnus

    Fed holds for now -- but for how long?

    There is still time, but the Fed must also be wary that the longer it leaves the exit from zero rates, the more disruptive it is likely to be.

  • Nicholas Spiro

    Markets losing hope in Widodo

    With a weak president caught up in a power struggle, Indonesia and its economy remain as fragile as ever, argues Nicholas Spiro.

  • Stephen Grenville

    Asian financial markets should keep calm and carry on

    Markets and media have overreacted to China's growth prospects and other news when little has changed in substance, says Stephen Grenville.

  • Paul Donovan

    Five ways equity markets can matter to the real economy

    Stock markets are an imperfect reflection of the economy, but they can provide useful signs if you know what to look for, writes Paul Donovan.

  • Motoshige Itoh

    China's financial crisis hinges on 'good equilibrium'

    The severity of financial crises depends on the presence of "good equilibrium," with a calm market, or "bad equilibrium," when the market overreacts and the crisis snowballs.

  • Arthur M. Mitchell

    Corporate governance reforms a potential catalyst for real change in Japan

    Japanese politicians are realizing the role of government is to foster conditions in which the private sector can flourish, writes Arthur M. Mitchell.

  • Dani Rodrik

    Back to fundamentals in emerging markets

    CAMBRIDGE -- Following 15 years of hype, a new conventional wisdom has taken hold: emerging markets are in deep trouble. Many analysts had extrapolated rapid growth in countries such as Brazil, Russia, Turkey, and India into the indefinite future, ca...

  • Naoyuki Yoshino and Matthias Helble

    Asian growth holds opportunities for Pacific nations

    Asia can help Pacific economies advance, but environmental and social sustainability must be guiding principles, say Yoshino and Helble.

  • Heizo Takenaka

    Parsing Japan's latest fiscal and economic blueprint

    The Japanese government makes major policy decisions every year in late June, and this year was no exception. On June 30, the cabinet approved an economic and fiscal management blueprint and a growth strategy, which are the revised fiscal 2015 versi...

  • George Magnus

    TPP can help but not transform Asia's trade funk

    It has become almost an annual ritual for the International Monetary Fund to lower its projections for economic growth in emerging countries, including those in Asia, still the most dynamic part of the emerging universe. A key factor in recent downgr...

  • Xia Le

    Renewed market turmoil shows need for new approach

    Beijing should unify its market regulators, focus on institutional liquidity and open up further to foreign investors, says Xia Le.