Governance

Fund directors lead exodus

The International Monetary Fund has conducted the first in a series of directorial reshuffles after six senior managers opted for voluntary redundancy.

Weber defends mark to market

Axel Weber, the president of the Deutsche Bundesbank, says it is crucial to stick to fair value accounting, especially under adverse market conditions.

Indonesian governor detained

Burhanuddin Abdullah, the governor of Bank Indonesia, has been detained at police headquarters by the country's anti-corruption agency, Komisi Pemberantasan Korupsi (KPK), a day after parliament approved economics minister Boediono as the next central…

Stalemate ends as Shirakawa is approved

Masaaki Shirakawa is the new governor of the Bank of Japan after the opposition Democratic Party of Japan accepted his nomination on Wednesday, ending a political standoff that has embarrassed both the central bank and the ruling Liberal Democratic Party.

Indonesia's Boediono gets the nod

Boediono, Indonesia's economics minister, will become governor of the country's central bank in May after a parliamentary committee approved his appointment.

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