Anyone who still believes in the wisdom of crowds should take a look at what has been going on in the financial markets. A market, after all, is made up of a crowd of investors, and its price fluctuations represent swings in the aggregate sentiment of that crowd.Friday, 14 June, 2013, 3:49am 1 comment
Will the upcoming 18th National Congress of the Communist Party of China affect Chinese stock market investors? Don’t hold your breath.7 Nov 2012 - 8:44pm
There are many animals that people find repulsive which actually play a vital role in sustaining their ecosystems.
Take hyenas: reviled for feeding on carrion that even vultures leave behind, these grotesque creatures (the female spotted hyena even sports an organ known as a pseudo-penis in place of more conventional genitals) support many far more picturesque species.18 Sep 2012 - 3:45am
Mainland markets are bottoming out and poised to be awash with fresh capital if a third round of quantitative easing by the US Federal Reserve begins in the fourth quarter, HSBC said.6 Sep 2012 - 2:54am
The summer heatwave in the US corn belt is going to hit grain production and has already raised food prices. So far, such price increases have not yet translated to global inflation, thanks to better food crop production in other parts of the world.21 Jul 2012 - 12:00am
Hong Kong banks began lowering yuan interest rates yesterday, after liquidity rose on the back of new measures introduced by the Hong Kong Monetary Authority (HKMA), the de facto central bank.
The HKMA launched a yuan liquidity facility yesterday to offer one-week yuan loans to local banks in exchange for collateral, such as government bonds.16 Jun 2012 - 12:00am
While everyone in the East has been mesmerised by the Bo Xilai mystery, another enigma has been unravelling out West, involving a London whale. JPMorgan Chase this month announced trading losses of US$2 billion and the resignation of the head of its chief investment office.26 May 2012 - 12:00am
Brokers and bank staff will be banned from using their mobile phones to take client orders from December 1 as part of a new code of conduct imposed by the securities watchdog to enhance investor protection.
They will instead have to use landline phones so their calls can be recorded.22 May 2012 - 12:00am
While Singapore's attempt at the first exchange-backed dark pool came to naught, the London Stock Exchange has proved traditional bourses and dark pools can indeed work together.21 May 2012 - 12:00am
Traditional exchange operators complain dark pools lack transparency but it is precisely this ability to keep trades away from the glare of the public eye that makes them so popular with many institutional investors.21 May 2012 - 12:00am