Asia Pacific

Back to homepage

Grant Thornton Hong Kong: M&A – Cultural Alignment for Successful Integration

Too often companies put together look great on paper but are fraught with management and structural problems that end up turning deals into busts. Acquiring companies often underestimate the problems that different corporate cultures can inflict on a merger. In fact,

Read More

Michael Pettis: Money Is Not Created Out of Thin Air

A recurring conversation I have with clients concerns the ability of banks to create credit, and of governments to monetise debt, and whether this ability is the solution to or the cause of financial instability and economic crisis. Monetarists and structuralists

Read More

From the editor: The Art of the Doomsayer – Crisis? What Crisis?

Just as a broken watch still tells the right time twice a day, the persistent doomsayer will eventually be vindicated. In the financial world, entire reputations are built on predicting recessions, if not depressions: keep it up long enough and

Read More

Michael Pettis: China – What the New Currency Regime Means and How It Affects the World

On Tuesday, August 18, the People’s Bank of China (PBoC) surprised the markets with a partial relaxing of the currency regime, prompting a great deal of discussion and debate about the value of the renminbi (RMB). Part of the discussion

Read More

IFC: Capital Markets Key to Development

Ending extreme poverty for good and building shared prosperity across the developing world takes money – a lot of money. Take infrastructure: for the foreseeable future, an estimated $50 billion per year is needed in Africa alone to deliver basic

Read More

BRIC-à-Brac: Requiem for a Wishful Thought

In the end, it may have been nothing more than a flash in the pan. Unable to fulfil the promise of a new world order, the BRICS countries have largely ceased to be of note. With sputtering economies and political

Read More

IFC: Corporate Governance Gains Prominence with the Forthcoming ASEAN Economic Community

One of the much-anticipated events in Asia this year is the formation of the ASEAN Economic Community which will allow goods, services, and investments to flow more freely across the borders of Southeast Asian countries. The potential economic upside is

Read More

WGB Launches New Country Partnership Framework to Support Azerbaijan’s Sustainable, Inclusive and Resilient Growth

The World Bank Group’s Board of Executive Directors today discussed and endorsed the 2015-2020 Country Partnership Framework (CPF) for Azerbaijan. This CPF represents a five year joint strategy of the World Bank Group comprising the International Bank for Reconstruction and

Read More

Volatility in Chinese Stock Values: Potentially Much More Dangerous than a Greek Tragedy?

The problems facing the global economy in the event of a Greek exit from the euro zone could be dwarfed into insignificance by downward movements on the Chinese Stock Markets. In 1989, Margaret Thatcher  famously declared:  “You can’t buck the

Read More

World Bank: Asian Countries are among Top Achievers on Sustainable Energy Progress

Asian countries are making a vital contribution to achieving global sustainable energy goals, a new World Bank report finds. But while the region performs strongly on ensuring electricity access for people and using more modern renewable energy, there is room

Read More