Capital Markets

Kuwait: Oasis of calm

Kuwait: Oasis of calm

While some parts of the Middle East are the grip of conflict and others are preparing for the possible fallout, Kuwait and its banks just keep ticking over. Rod James checks to see if all is as it seems.

Kazakhstan: Light at the end of the tunnel

Kazakhstan: Light at the end of the tunnel

With even beleaguered BTA now turning a profit, the future looks a little brighter for Kazakhstan's banks. But with bad loans still weighing on balance sheets, the hard work isn't over yet. Tim Burke reports.

Cover story: End of an era

Cover story: End of an era

Investors have tried and failed to second-guess when the tapering of quantitative easing will start. When it does, the impact on emerging markets will be profound. Rod James reports.