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| World Economy - Finance & Industry |
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Foreign bankers come to emerging markets rescue Inadequate banking systems have long been the bane of many emerging market economies. Not only have such systems generally failed to promote economic growth - by expanding credit or fostering the growth of business - they have also proved vulnerable to disruptive crises. more |  |
Derivatives in demand to beat fickle currencies The recent profits warning by Invensys, the British electronics group, told an increasingly familiar story. Aside from tough trading conditions, the group cited the strength of sterling as a reason for the disappointing profits outlook. more |  |
Shaky start-ups bite the dust Time appears to be running out for some internet companies. The internet bubble deflated earlier this year and investors' enthusiasm for companies with internet-based business plans has fallen significantly. more |  |
Markets may be the true test Microsoft's high-profile legal battle with the US government over anti-trust issues related to its Internet Explorer web browser has so far made little difference to its dominant market position. more |  |
Hardware comes in bright colours and odd shapes When the share price of Dell Computer, one of the world's leading manufacturers of personal computers, took a sharp dive this summer, it was heralded as the beginning of the end for the heady days of soaring prices in computer hardware stocks. more |  |
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