Worldwide Locations

Worldwide Locations

Keyword: economies

2012: 5 Asia Finance Trends to Watch For

China will continue to take steps to ultimately make the yuan, pictured, a convertible currency. (Flickr/David Dennis)
Business

Credit is tightening, economic growth is moderating, and property prices are finally falling, yet Asia remains one of the few true growth regions of the world, writes Sheridan Prasso.

2011: A Year Sans Global Leadership

On top? Chinese Yuan notes photographed in March 2011. China pointedly declined to provide direct financial assistance to Europe in late 2011. (Flickr/Sharon Drummond)
Policy

Though it wasn't always obvious, the main international migraine of this year was the European debt crisis. The crisis left the station in 2009 and was rolling all through 2010, but it really picked up steam this year. In effect, 2011 was the year it went from being about Greece to being about Europe and, potentially, the world as a whole.