As the eurozone debt crisis has steadily widened the divide between Europe’s stronger northern economies and the weaker, more debt-laden economies in the south (with France a kind of no man’s economy in between), one question is on everyone’s minds: Can the monetary union – indeed, the European Union itself – survive?
2013-12-06
Last year, US President Barack Obama Obama promised a change of policy on American drone attacks in Afghanistan, Pakistan, and elsewhere, indicating that he would require “near-certainty that no civilians will be killed or injured – the highest standard we can set.” Unfortunately, this promise has yet to be fulfilled.
2013-12-06
When it comes to national leadership at a time of fragility and transition, so much seems to depend on the luck of the draw. South Africa was lucky – almost miraculously so – to have had Nelson Mandela.
2013-12-06
Nelson Mandela fit the type of leader that Africans had in mind when they struggled for freedom from the European empires. Africans wanted leaders who would reconcile and reunite them, leaders who would restore to them the dignity robbed by colonialism – and in Mandela they finally got one.
2013-12-06
Move targeted at strengthening banks’ capacity to handle non-performing loans as slowing economy puts country’s financial system comes under pressure
2013-12-06
Wang Jing, a Chinese telecoms entrepreneur, wades into Ukraine’s political crisis with a project proposal worth $10bn to build a deepwater port
2013-12-06
The profitability and credit metrics of Asia-Pacific mining companies should bottom out in 2013, Standard & Poor's Ratings Services said in a report published today. "We expect the negative credit outlook for Asia-Pacific metals and minerals companies to moderate in 2014," Standard & Poor's credit analyst May Zhong says. "We believe production volumes will ramp […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2013-12-06
The author is ANZ Greater China chief economist Li-Gang Liu In 2013, the internationalization of the RMB has continued to gain speed. Geographically, the offshore RMB market has expanded rapidly. Not only did we see the launch of official clearing services in Singapore and Taiwan, but also more bilateral currency swap agreements signed between China […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2013-12-06
Despite economic slowdown and the suspension of China's IPO market, Chinese private equity firms continue to outperform Asia’s overall benchmark returns by a substantial margin, according to a report by the Centre for Asia Private Equity Research Ltd. As of June 2013, Chinese private equity firms scored gross internal rate of return (IRR) of 16.5%, […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.