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  • July 11, 2014
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  1. Morals and the market

    Posted Apr 17th 2012, 12:00am

    ... or care- about him. But in the last few months Cardinal Turkson has promoted not one but two timely documents which pose essential questions about the troubling way that modern capitalism is developing. In October, Turkson took aim at global financial markets and condemned 'the idolatry of the market'. He backed a tax on international financial transactions, and called ...

  2. Clock ticking on a global implosion

    Posted Jun 05th 2012, 12:00am

    ... is in for a grim time because if everyone resorts to cost-cutting and austerity, it will lead to more debts, fewer jobs, shrinking demand, in a vicious cycle that could turn recession into global ... Kevin Rafferty Just when you thought global economic news could not get gloomier, it did. Poor unemployment figures from the United States on Friday along with fresh news of uncertainty ...

  3. Comment - Insight & Opinion

    Tired ideas won't save ailing Western economies

    Posted Oct 15th 2012, 12:00am by Graeme Maxton

    ... if it reduces duplication. Competition is always good, even if it leads to a handful of companies dominating entire industries globally. Even now, economists tell us that companies and markets should ... the debt problem requires something much simpler but much less seductive- patience and time. The reason that this is overlooked, of course, is that the entire modern Western economic edifice ...

  4. Act now on the global jobs crisis, or risk a lost decade

    Posted Nov 01st 2011, 12:00am

    ... Juan Somavia The world employment outlook is dire. Unemployment stands at more than 200 million and is rising. The current rate of global jobs growth, at 1 per cent or less per year, will not replace the 30 million jobs lost since the financial crisis began in 2008. Yet unemployment numbers are only part of the story. They mask the fact that millions of workers have part-time jobs ...

  5. Asia-Pacific region is crucial to global economic recovery

    Posted Nov 28th 2011, 12:00am

    ... edition of the Global Wealth Report reconfirms that these are times of unprecedented economic change, and a radical reconfiguration of the world's economic order is taking shape. Emerging ... Mukul Munish Global wealth creation is becoming tougher in the present economic climate, but Asia-Pacific continues to rise in the wealth creation ladder. A report by Swiss investment bank ...

  6. Facing a global challenge from behind a financial Great Wall

    Posted Oct 02nd 2011, 12:00am

    ... an article calling for the IMF to really play its role as an international financial policeman, while in the Chinese edition of the Global Times a commentary demanded that Europe learn the lesson ... Ed Zhang One hot topic for mainland press commentators in the past few weeks has been the global economic situation, amid fears of a downturn similar to the crisis of 2008, and what China ...

  7. Hong Kong walloped as global recession fears haunt market

    Posted Aug 08th 2011, 12:00am

    ... Jasper Moiseiwitsch jasper.moiseiwitsch@scmp.com It was supposed to have been a positive week for the Hong Kong market. US lawmakers last Monday (Asia time) finally agreed to raise the US ... to a global recession. The Hang Seng Index tracked the mood, showing a glimmer of optimism on Monday, ambivalence on Tuesday, concern on Wednesday and Thursday, and capitulation on Friday. The HSI ...

  8. Rise of a new global order through the eyes of the non-Western world

    Posted Jun 25th 2011, 12:00am

    ... their average growth rate was roughly 3 per cent per annum. By the time of the global financial crisis, the old order was gone and the G20 took over from the G7. The G20 accounts for 90 per cent ... and global financial crises, caused in part by volatile global capital flows, have proved that there is what I call 'global gain, local pain'. It does not mean that we reject globalisation, ...

  9. Global uncertainty brings sharp slowdown in F.D.I.

    Posted Jul 16th 2011, 12:00am

    ... World markets are watching closely to see if the US can raise its debt limit in time to avoid a default in meeting its obligations. Debate by US lawmakers on raising the debt limit has come ...

  10. Major IPOs herald exciting times ahead

    Posted Aug 31st 2012, 12:00am by DISCOVERY REPORTS

    ... Reports by Elaine Deng Major IPOs herald exciting times ahead Bursa Malaysia is abuzz with excitement. Home to the world's second- and third-largest initial public offerings (IPOs) ... the Felda Global Ventures IPO in June raised US$3.3 billion. The Malaysian plantation operator even had to sell additional shares to accommodate excess demand. The local bourse again took ...




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