A round-up of the top stories across the specialist financial media, including a Euromoney exclusive with the International Monetary Fund's Manmohan Singh
Exclusive: IMF’s Singh warns of collateral drought threat to global liquidity
IMF senior economist Manmohan Singh says the shadow-banking system is a necessary part of the monetary universe, and therefore something that regulators and policymakers must thoroughly understand if they are to have any success in improving economic performance.
Exclusive - N.Korea military, uncle to share power with Kim heir
North Korea will shift to collective rule from a strongman dictatorship after last week's death of Kim Jong-il, although his untested young son will be at the head of the ruling coterie, a source with close ties to Pyongyang and Beijing said.
The European Central Bank allotted €489.19 billion in the first of two three-year refinancing operations, beating market expectations in a sign that banks expect other sources of funding to remain tight through 2012.