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  • Introduction by the Bank of Japan
  • Foreign financial institutions in the PRC By Brian Wallace Semkow
  • Before China can improve the effectiveness of foreign investment and restructure its state-owned industries it must first reform its asset appraisal industry, writes Steven Blayney, White & Case, Hong Kong
  • Two Danish firms are merging to knock 80-lawyer Kromann & Munter from its position as the country’s largest firm.
  • The presence of major international firms is stirring up competition in the Dutch market. Ben Maiden reports on the mergers, alliances and partner poachings which characterize the new Dutch legal market
  • Bermuda-based telecoms carrier Global Crossing is to merge with regional telecoms operator US West
  • The second phase of the Dabhol power project in India has reached financial close.
  • Charges over book debts finally fixed
  • Wal-Mart, the world’s largest retailer, has bid £6.7 billion ($10.8 billion) in cash for UK supermarket chain Asda.
  • UK firm SJ Berwin is to open an office in Madrid as the next stage of its European expansion programme.