Economics/Business

ADB Predicts Stronger 2018 for Developing Economies

Asia’s developing economics have performed better than forecast earlier, according to the latest assessment by the Asian Development Bank in its mid-term review of the 2017 Asian Development Outlook. Some furth...

With a Hostile Regime in Washington, WTO in eclipse

Sixteen years after World Trade Organization negotiators set out to reform agricultural and other tariff barriers in 2001 in Doha. Qatar, they are still at it, and they appear hardly any closer to success.  WTO...

Asian Markets Steady as She Goes

With US and European central banks finally beginning to move away from ultra- loose monetary policy, there are plenty of reasons to question the durability of the gains seen by global stock markets over the pas...

China Fakes Inundate UK, OECD Says

Counterfeit goods, primarily pouring in from China and Hong Kong, are “not only becoming a significant threat to the engine of economic growth, but also undermining good governance, the rule of law and citizens...

India and China in a Water War

With more than 32 million people hit by floods in four Indian states so far this year, New Delhi is growing increasingly frustrated over China’s refusal to share current river data despite bilateral agreements ...

Korea Seeks to Rein in Samsung

The case against the heir to leadership of the sprawling Samsung empire tests the will of the government of Korea’s liberal President Moon Jae-in to make good on the kind of sweeping campaign promise that every...

Indian Court Bans Book About Flamboyant Guru-Tycoon

A New Delhi court has blocked publication of a book based on the life of Baba Ramdev, a flamboyant guru-turned-tycoon who straddles a US$1.7 billion global business empire peddling everything from consumer prod...

A Fox in Charge of a Global Money-Launderer’s Henhouse

In 2014, the central banks of Tanzania and Cyprus took over the notorious FBME Bank, which was accused of a long list of banking violations that allegedly made it the money-laundering epicenter of global financ...