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ECB unwinds liquidity support for banks

The surprise announcement of tougher standards for asset-backed securities used as collateral highlights how far the bank is planning its ‘exit strategy’ to dismantle measures taken after last year’s collapse of Lehman Brothers

EU plan to extend shoe duties rejected

In an unusual show of defiance, EU member states reject a European Commission recommendation to extend anti-dumping duties against Chinese and Vietnamese footwear imports

Worried nations try to cool hot money

Move to curb foreign inflows via American Depositary Receipts loophole puts Asian currencies under pressure amid speculation about copycat action in the region

Asia currencies fall on capital control fears

Fresh concerns about the imposition of capital controls by Asian countries have triggered falls in a number of currencies against the dollar, with senior officials in India, Indonesia and Thailand speaking publicly about the possibility

OECD warns on rising job losses

The Organisation for Economic Co-operation and Development has warned that although economic growth has resumed unemployment is set to continue to rise well into 2010

Transcript: View from the Top with Robert Zoellick, president of the World Bank

Interview with the president of the World Bank on Obama’s trip to China and the effects of the Chinese currency being pegged to the dollar

Opinion: China can build on the basis of sound finance

Only with proper firewalls between them can banks and capital markets function as two engines of economic growth. If one fails, the other can still carry on, writes Liu Mingkang

Opinion: Tackling systemic risk is no job for the status quo

Supervision must be free of regulatory and administrative conflicts in order to ensure the safety and soundness of the financial system, write William Donaldson and Arthur Levitt