China will not dramatically alter its economic policy because of any one economic indicator, Finance Minister Lou Jiwei said on Sunday.» Read More
As evidence has mounted that the economy is slowing, Beijing has kept the world on tenterhooks, delivering none of the big stimulus measures many analysts have predicted.
A leading US figure in bond investment has emerged as Ireland’s single biggest private sector creditor by aggressively buying Irish government bonds. The FT reports.
On August 21, a Chinese fisherman caught a rare fish worth over $475,000. As impressive a haul as that is, it didn’t represent the highest known payday for something caught from the sea.
The Serious Fraud Office has launched a second criminal investigation into Barclays as the agency examines payments the bank made as part of its 2008 Middle Eastern capital raising. The FT reports.
The Department of Transportation and the EPA have locked in the new fuel efficiency rules guiding the industry through 2025.
Thought the global financial crisis in 2008 was caused by subprime bonds, collateralized debt obligations and other Wall Street engineering? Think again.
In a dimly lit ballroom, Myanmar’s investment czar gushed about his nation’s dazzling future to a congregation of foreign investors. Each had paid $1,500 to hear the government’s big pitch: Long an economic basket case, Myanmar is now an investment gold mine.
Dan McConaghy, President, Asia Pacific, FICO discusses the new trends surfacing in Asia's banking sector. He says Asian banks are finding the need to combine their risk and capital management strategies.
Students have started to be admitted, faculty members have been hired, and construction has begun on the site that will become the home of Yale University ’s first joint college in its 300-year history, the NYT reports.
Electric cars will compete in a new global formula racing series after a deal between motorsport’s governing body and a group of investors who plan to stage international races around city-center landmarks. The FT reports.
A Singapore property developer is targeting the super rich with parking problems by marketing luxury apartments that allow owners to keep their cars next to their living rooms, even if they are on the top floor of the 30-storey block. The FT reports.
From buying fine Bordeaux wines to buying the wineries that make them, the Chinese are changing the landscape of France's top wine country, leading some locals to worry about an "invasion".
Almost a third of UK-based investment bankers would rather work in Singapore, according to a survey that predicts that the center of gravity in the financial sector will shift towards Asia in the next decade. The FT reports.
As the national conventions loom ahead, economic issues dominate the U.S. 2012 presidential elections. But it is the return of the neoconservatives that will overshadow the discourse on foreign policy – and China.
Global equity markets are taking a hit from fading expectations that the U.S. Federal Reserve will act again in coming months to boost growth – but maybe investors should be cheering at this prospect, say some analysts.
As optimism over additional stimulus from the U.S. central bank faded overnight, Chicago Fed President Charles Evans reiterated calls for further easing on CNBC Friday, arguing that there’s “a lot of reason to do more.”
Adrian Mowat, Chief Asia and Emerging Markets Equity Strategist at JP Morgan Securities says among the BRICS, the only market he is overweight is India.
Hyundai's U.S. plants are close to hitting full capacity, so the Korean automaker can do little to meet strong demand.
Chinese acquisitions of US assets and businesses are running at record levels this year, bucking the trend of a generally tough mergers and acquisitions market and a sign that it is easier than many think for Chinese companies to attain approval for deals in America. The FT reports.
In 2008, Ernst & Young, the accounting firm, introduced short 90-day foreign assignments for both its U.S. and overseas employees. “It is something we introduced after the crisis as the way to offer expat postings in a more cost-effective way,” says Nancy Altobello, Americas vice chair of people at the company, the FT reports.
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James McCormack, Global Head of Sovereign and Supranational Ratings at Fitch Ratings, says markets are still expecting the Fed to hike rates in the second or third quarter next year.
In this web-exclusive video for "Managing Asia", Richard Eu, CEO of Eu Yan Seng International, recommends some traditional Chinese herbs that fellow CEOs can take to stay healthy.
Adi Godrej, Chairman at Godrej Group, says business sentiment in India has seen a "dramatic improvement" after pro-business leader Narendra Modi was elected Prime Minister.