Economics/Business

article placeholder

India Fever Overheats

There are several accidents waiting to happen in global financial markets. But the one that beats them all – even beats mainland Chinese bank fever – is India. Conditions are rapidly building fo... Read More...
article placeholder

Off-Line City

For Hong Kong’s power elite, the communications crisis that began on December 26 when the sea floor south of Taiwan suddenly heaved and damaged a clutch of undersea cables has long since been over.&nb... Read More...
article placeholder

Asia’s Earthquake-inspired internet blackout

On December 26, two years exactly after the earthquake-inspired tsunami that took the lives of an estimated 230,000 people in Southeast Asia, the sea floor 13 kilometers off southern Taiwan gave way, generati... Read More...
article placeholder

Another Tar Baby for Hong Kong’s Investors

Hong Kong’s property barons never seem to lack for new ways of squeezing the local public and other investors. In most markets outside places like Russia and the Philippines it would be regarded as bi... Read More...
article placeholder

Don’t Blame Thailand for This Mess

Although the Thai government spectacularly botched its effort to rein in the baht over the last two days, the fact that the government felt obliged to try to halt the currency’s appreciation says more... Read More...
article placeholder

Thai Junta Stumbles on the Baht

Thai stocks crashed Tuesday after the central bank imposed the harshest capital controls since the 1997 financial crisis in an effort to weaken the surging baht, prompting the government to quickly reverse co... Read More...
article placeholder

Indonesia, Malaysia push a biofuels cartel

Just as the administration of US President George W Bush is being urged by a group of leading US business executives and senior military officers to act decisively to break America’s dependence on o... Read More...
article placeholder

Mr Paulson Goes to China

It is a measure of the shock and awe with which the US currently views China that six members of President George W Bush’s cabinet plus Federal Reserve Chairman Ben Bernanke are in Beijing this week. ... Read More...