Cover Story: The Success of Seoul – Rian Maelzer It’s been a traumatic past couple of months for South Korea, what with the North Korea’s testing of a nuclear weapon and the suicide of a former president who had tried to bring the two countries closer together. But amid the gloomy political news, analysts are suggesting South Korea’s economy will do better than expected this year thanks in part to lessons learned and enacted since the 1997-98 Asian financial crisis. Gao Xiqing Interview – Alan Friedman China's holding of around one trillion dollars of US Treasury bonds is well known, but less well known is the new sovereign wealth fund created by China just two years ago, the China Investment Corporation. With $200 billion of assets and high profile investments in Morgan Stanley and other US firms, the new fund is making a strong debut. So how does China's sovereign wealth fund see the world economy and investment opportunities to come? To find out more, our Executive Editor Alan Friedman sat down with the fund's president Gao Xiqing. A Pitch with Passion - Graham Addicott Cecil Rhodes may have thought that to be born English was to have won the lottery of life, but around the world it is the Italian lifestyle that many wish to emulate. The Latin passion for style and innovative design is certainly appealing. Italian products and lifestyle are finding devotees the world over. Facebook for Farmers – Nick Mackie They may lack PCs, let alone internet connections. But cash strapped farmers in China are now getting a leg-up, thanks to a micro-credit scheme with a difference. The Short Game – Alex de Jong When the game of 20/20 cricket was introduced to the world…no-one could have predicted what a success it would be. But both fans and players have embraced 20/20 with a passion, and it’s pumped new life into the sport. Now, a group of entrepreneurs are putting a great deal of energy, and cash, into a new, shortened form of the game of golf, confident it will have the same results. Next week on World Business: For years the airspace above Afghanistan has been dominated by war planes. But lately a new battle has begun, for the commercial market, and one of the key players in this emerging sector is Afghan Airline Safi.
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As the world gets smaller you need better information about how business is changing both it and the way you live.
On "World Business," Managing Editor John Defterios and our team of international correspondents cover every corner of the globe, tracking the business trends that are going to affect you.
We talk to the big names, from Bill Gates to Giorgio Armani and Jack Ma to Thabo Mbeki. Plus we introduce you to the new movers who are changing the landscape. We cover the business of sport, entertainment, fashion and technology. From the emerging coffee culture in China to the risks and rewards for investors in Iran, we investigate it.
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