Economics/Business

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Indian Hubris Creates a Mountain of Debt

It may have been a coincidence that the Shanghai stock market tumbled 5 percent on the day that India's Tata group won a $12-billion battle for the Anglo-Dutch steel company Corus. But maybe not. Easy m... Read More...
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Singapore’s Shifting Sands

Is Singapore an empire built on sand, particularly Indonesian sand? A decade-long squabble between the island republic and Indonesia over what seemingly ought to be an inexhaustible commodity has escalated,... Read More...
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China’s Raging Bull

The current bull market in China shares looks like a lot like any other bull market: frenzied trading volumes, fresh record highs on a regular basis, cheerleading banks upgrading their "price targets&q... Read More...
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Borrowing in Yuan and Investing in Bucks

It is no wonder that so many of the so-called economists employed by investment banks and hedge funds keep up constant pressure on central banks, especially Asian ones, to keep rates low.  Without that t... Read More...
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Smoker’s Paradise

From the terraced emerald slopes of Bali to the jam-packed kampungs of Sumatra, the 13,500 islands of Indonesia reek with the sweet scent of clove cigarettes, known as kretek for the crackling sound they ma... Read More...
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Like Father Like Son, Macau Style

If you ever see Macau casino heir Lawrence Ho give a speech, right away you notice he embodies the spirit of the “next generation” in much the same way that Richard Li contrasts with the patriar... Read More...
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Thailand Moves Against Foreign Firms

Thailand's military-appointed government raised the specter of protectionism and sparked a steep drop in stock prices Tuesday when it acted to halt the longstanding practice of using nominee firms to by... Read More...
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The High Risk of Travel in Indonesia

The discovery on the sea bottom Monday off West Sulawesi of what is believed to be the wreckage of a Boeing 737-400 that crashed on New Year’s day dramatically points up Indonesia’s astonishingl... Read More...
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Treachery in Shanghai!

The Shanghai government is reaping a whirlwind of rising xenophobia and reviving memories of the Opium Wars over a plan to force local retailers out of the famed Nanjing Lu shopping area and turn the distri... Read More...