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Battle of the Banks: Bangladesh's Central Bank Fires Microfinance Pioneer Muhammad Yunus

Bangladesh's central bank fired Nobel Prize winner Muhammad Yunus on Wednesday, Mar. 2, 2011.
Business

Bangladesh's central bank has fired Nobel Laureate Muhammad Yunus, the celebrated microfinance pioneer who started lending small sums of money at Grameen Bank almost 30 years ago.

March 2nd by Shreeya Sinha | Comments

'Failed Policies' to Blame for Food Shortages, Expert Argues in WSJ

Business

Asia Society Food Security Task Force advisor reiterates his call for more investment in agriculture.

February 23rd by Jeff Tompkins | Comments

Profit Motive in Microfinance: A Debate

<i>A Fistful of Rice: My Unexpected Quest to End Poverty Through Profitability</i> by Vikram Akula. (Harvard Business Press, 2010)
Business

Is the creation of a large, for-profit enterprise the best way to take the benefits of microfinance to the millions of poor people who need it?

October 20th by Rafaya Sufi | Comments

What About China?

A Chinese miner takes a break as he unloads coal from a train in Hefei, in eastern China's Anhui province on August 4, 2010. (STR/AFP/Getty Images)
Business

While the world cheered the dramatic rescue of miners in Chile, China's trapped miners were underground and under-reported.

October 20th by Rafaya Sufi | Comments

UNGA Week in New York Brings a Visitor from Mongolia

Mongolia Prime Minister Sukhbaatar Batbold at Asia Society New York on September 21, 2010. (Suzanna Finlay/Asia Society)
Business

Asia Society hosted His Excellency Sukhbaatar Batbold, Prime Minister of Mongolia, for an intimate working dinner at its Park Avenue headquarters.

September 22nd by Jeff Tompkins | Comments

Burger King Goes Green and Drops Indonesian Palm Oil Giant

This photograph taken during a media trip organized by Sinar Mas on August 2, 2010 show a clearing burned by farmers according to area personnel near a peat land area at the vast palm oil concession of PT SMART, the palm oil unit of Sinar Mas on Borneo island. (Romeo Gacad/AFP/Getty Images)
Business Burger King has joined a list of big corporations by dropping Indonesian palm oil producing giant Sinar Mas Agro Resources and Technology (SMART).
September 2nd by | Comments

Is Japan Failing to Capitalize on its 'Coolness?'

Male waiters, wearing women's clothes, pose for photographs at New Type cafe on February 25, 2010 in Tokyo, Japan. (Junko Kimura/Getty Images)
Business An editorial in the Daily Yomiuri titled, "Time to capitalize on 'Cool Japan' boom" criticizes the Japanese government's failure to turn Japan's popularity overseas into economic growth.
August 31st by | Comments

China Takes Japan's Place as World's Second Largest Economy

China's 100 yuan, or renminbi, notes, the largest denomination in Chinese currency. (Frederic J. Brown/AFP/Getty Images)
Business

China has taken Japan's place as the world's second largest economy behind the United States.

August 17th by | Comments

Google and China Back in Business

The Google logo is reflected in windows of the company's China head office as the Chinese national flag flies in the wind in Beijing on Mar. 23, 2010. (Li Xin/AFP/Getty Images)
Business As of Friday, the Chinese government has renewed its license with Google, ending a tense stalemate over censorship.
July 9th by | Comments

BP and Bhopal Verdict: 'A Perfect Storm of Public Outrage'

(Deshakalyan Chowdhury/AFP/Getty Images)
Business In her passionate op-ed on the similarities between the BP oil spill in the Gulf of Mexico and the Bhopal verdict in India, Mira Kamdar articulates a sentiment that is growing increasingly popular in both countries.
July 8th by | Comments

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