The European think tank Breugel recently produced a report suggesting there was a fundamental 'trilemma' between the European monetary union, national banking systems and the lack of fiscal union.Saturday, 28 April, 2012, 12:00am
There is a debt instrument that yields more than 6 per cent. It is simple, transparent, low fee, and involves no currency risk. It is easily traded on the Hong Kong exchange. The issuer is rated triple A (Standard & Poor's). It is the iBond.
Money Post, SCMP, April 2324 Apr 2012 - 12:00am
Beijing has a knack for making policy announcements when they are most likely to add to the nation's political capital. True to form, the central government has widened the trading band of the yuan ahead of meetings in Washington of the International Monetary Fund, the World Bank and the G-20 summit. This is when China usually comes under pressure to allow the exchange rate to rise.21 Apr 2012 - 12:00am
After the drama surrounding the chief executive election, Hong Kong has started to accept the result and the expectations for positive change are high.
Obviously, one of the most prominent social problems is the disparity between the rich and the poor.19 Apr 2012 - 12:00am
Just a day after showing signs of losing steam amid a bleak economic outlook, mainland stocks yesterday jumped the most in more than two months as investors bet on monetary easing.19 Apr 2012 - 12:00am
The more I study the Indian and Chinese growth models, the more I realise that the debate over the state versus the market is a false dichotomy. Both the state and the market are inseparable, interactive and interdependent social institutions.14 Apr 2012 - 12:00am