[Asia Economy Reporter Park Sun-mi] With the LIBOR rate calculation set to be discontinued in January next year, financial authorities and major banks are in the final stages of preparation. Banks are ...

The London Interbank Offered Rate is facing an undeserved crisis of confidence. Critics accuse Libor of being unreliable, too volatile and most damningly, open to manipulation. The Libor calculation ...

The Punt likes to think of itself as a champion of plain speaking, but the latest outbreak of unchecked honesty at the UK's financial regulator has us stumped. Yesterday Adair Turner (pictured), ...