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  • The Hong Kong government this week gave the go-ahead for the privatisation of Mass Transit Railway Corporation. The company is set for an October listing. Bankers in Hong Kong report that the issue will value MTRC at between HK$50bn and HK$60bn.
  • * Schroder Salomon Smith Barney has appointed David Woo as a vice president of its emerging markets economic research team. He reports to Robert Kahn, head of the European emerging markets team in the economic and market analysis (EMA) group in London, and to Lewis Alexander, head of EMA's global emerging markets team in New York. Woo was previously an economist at the IMF for four years, initially in the European department and later in the monetary and exchange affairs department.
  • Macroeconomic outlook
  • Macroeconomic outlook
  • Banks have set their sights on online FX trading. And, as with all things e-commerce, they are hurting as a result. But they would rather control their own destinies than have them dictated by some third party upstart. By Fiona Haddock.
  • Macroeconomic outlook
  • Macroeconomic outlook
  • Macroeconomic outlook
  • At a time when things were starting to look genuinely positive for Indonesia, president Wahid's late-August cabinet reshuffle seemed a step backwards. Judging by share price and currency movements, the market agrees. But like everything in Indonesia, assessing the impact of the latest political changes requires careful analysis. It's not all bad news. By Maggie Ford.
  • There was a time when Vincent Cheng, chief executive of Hang Seng Bank, was a student political activist. He tells Pauline Loong what happened next.
  • At a time when things were starting to look genuinely positive for Indonesia, president Wahid's late-August cabinet reshuffle seemed a step backwards. Judging by share price and currency movements, the market agrees. But like everything in Indonesia, assessing the impact of the latest political changes requires careful analysis. It's not all bad news. By Maggie Ford.
  • Macroeconomic outlook