If there's one thing the world's central bankers can take away from this week's market volatility, it is that they need to do a better job of communicating, say market watchers.
Standard Chartered Bank's Asia CEO Jaspal Bindra has warned that the European Central Bank's long-term refinancing operations could lead to unintended consequences.
Cross-asset contagion has decreased considerably since the ECB launched its three-year refinancing operation in December, Sebastian Ceria, CEO of Axioma, a portfolio optimization and risk management firm, told CNBC.
After spending most of 2011 in negative territory, Chinese stocks have the biggest upside potential, according to Cedric Ma, Senior Investment Strategist at Convoy Asset Management.
The next big global financial crisis will emanate from China. That is not a firm prediction. But few countries have avoided crises after financial liberalization and global integration. Would China be different? Only if Chinese policymakers retain their caution, says the FT's Martin Wolf.
The Brookings Institution analyzed the financial data of the world’s largest metropolitan areas and uncovered some interesting findings. Check out which cities were the most productive.