Emerging-market equities and exchange rates are again under severe downward pressure, but are the underlying economies really as fragile as global traders seem to fear? The short answer, for a few, is probably “yes,” but, for most, “not quite yet.”
2014-02-06
The difficulties that many rich countries now face are not the result of the inexorable laws of economics, to which people simply must adjust, as they would to a natural disaster. On the contrary, the decline in most households' income over the past th…
2014-02-06
US president has been drawn into the increasingly tense relations between America’s two closest allies in the region, Japan and South Korea
2014-02-06
The chief investment officer of China’s State Administration of Foreign Exchange (SAFE), Zhu Changhong, has resigned from his post at the end of January, according to media reports. There is no information about Zhu on SAFE's official website, and the reason behind his resignation remains unclear. The 44-year-old Zhu joined SAFE in February 2010. Before […]
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2014-02-06
British manufacturer says almost 18,000 cars have unsafe pedals because Chinese supplier used fake materials
2014-02-06
Right before the Chinese New Year holiday, American high-end luxury website 1stdibs announced that the company has gained USD15 million from the Chinese e-commerce group Alibaba. 1stdibs focuses on the sale of retro designed jewelry, clothing, art, and luxury goods. Its main target consumers include designers, stars, and a high-end consumer group. Consumers can purchase […]