Until very recently, large exposure to China was seen as an advantage, a toehold in the market of the future. Now it’s seen as a risk, and some of the
The old assertion “great minds think alike” - which triggers the riposte: “fools never differ” - comes to mind with recent ideas to ‘improve’ local iconic landmarks. First of all there’s
Economists finally seem to be recognizing what most people have long considered obvious: Overconfident investors can drive the prices of everything from tulips to Chinese stocks far above their intrinsic
Not so long ago, Monaco was splashing cash to lure football’s biggest stars. In a complete change of commercial strategy, it is now getting rid of Anthony Martial, one of
China’s Shanghai and Shenzhen bourses were hardly hit by capitalism’s core nemesis: the stock market crash! Although, more than a few liberal onlookers see the seismological activity as a normal
The social media response a couple of weeks ago to cases of child abuse and the subsequent death of an infant allegedly at the hands of a (probably undertrained and
For years, China’s leaders have wanted the world to acknowledge their economy’s leading role in the global system. This week they got their wish. Sadly, the circumstances weren’t ideal. The crash
With the first casino resort about to open its doors in the far eastern region of Primorye, Russia could become the destination of choice for Asian gamblers. Early next month, the
Twelve months ago, it seemed Beijing’s retrograde politics would eventually sink Hong Kong’s exalted international reputation. Now China’s ailing economy seems likely to finish off the job sooner than anyone
It is difficult to imagine a day in Macau without gaming. The importance of the casino business is such that nobody has the luxury to live in ignorance, especially, in
For any political leader, probing the hearts and minds of constituents is of utmost importance, whatever the political regime. In a democratic setting, elected officials have learned to engage at
On the one hand, we have a high-tech startup officially encouraged and supported by the government body that has been set up to boost investment in Hong Kong. On the
Like the oil wells this pariah Persian state is most dependent on, Iran’s population erupted in spontaneous celebrations last month following the signing of the long-awaited nuclear accord. With the
For the Chinese government, November 2016 can’t arrive soon enough. Last week’s currency devaluation ensured Beijing will serve as a political punching bag during America’s presidential campaign. Donald Trump set the stage with tweets like
The family business, at least on the athletic side of the Finau family, was pro football or basketball. Tony Finau, all 6-foot-4 and 200 pounds of him, was determined to play
In Europe, the more time that passes from the terrible events of the second world war, the more the rancour diminishes between the warring nations. In north-east Asia, sadly, the
I received a strange letter in my letter-box earlier this week from one of my neighbours – I have six. Strange because the letter wasn’t addressed to me but to
Uber is a brand, a verb, a proprietary eponym, a loss-making USD50 billion enterprise and a new way of doing business - one that’s upending industries, worrying workers and thrilling
The Chinese were introduced to currency wars via a best-selling series of books by Hongbing Song during the financial crisis, but many observers concluded the country had finally entered the
So, this is it for Floyd Mayweather Jr., or so they say. Step up now because it’s your last chance to see Money May in the ring. Buy those ringside tickets
Akio Toyoda has China on his mind. On Tuesday, the same day he announced record earnings, the Toyota Motors president warned of a sharp slowdown in the world’s biggest market, echoing concerns
Censuses have been in existence for millennia, the first known having been undertaken by the Babylonians and in Pharaonic Egypt in the Third Millennium BC. The oldest existing census was
After years of running bloated Olympic Games criticized for their environmental records, the International Olympic Committee decided to make sustainability a goal, using sport as a way to promote better
Diversifying the economy is an issue which has long been pursued by local economists and Beijing alike. While traditional pillars of the economy such as trading and shipping are in
Famous for its bespectacled geeks welded to their laptops, smartphones and video games, it’s obvious to everyone living here that Asia’s currently undergoing somewhat of a tech boom, and anyone
Next Sunday, Singapore celebrates the 50th anniversary of its independence. There’s much to celebrate - for some at least. The city-state is indeed “exceptional” (as its leaders like to say)
1. The lack of control for rental increases – both for shops and for residential buildings – remains a problem. Although there has been a slowdown in the rental market,
“The best speakers are good storytellers. The best writers are good storytellers. The best leaders are good storytellers.” – Rodger Dean Duncan Power and influence can come from unexpected sources. The
One of the more troubling elements of the recent drama over Greece’s debt was the urge by many to see a deficiency of national character, rather than euro-zone economics, as the
Panic is in the air as China suffers its biggest one-day stock plunge since 2007. It shouldn’t be. The 8.5 percent slide in the Shanghai Composite Index is actually a development that
The past two weeks I spent holidaying in Japan’s diverse Kansai region has left me with three obvious impressions: A) the supply for consumption is endless both in types and
For decades, central banks lorded over markets. Traders quivered at the omnipotence of monetary authorities - their every move, utterance and wink a reason to scurry for safe havens or
Being in the news for allegations of vote-buying during election time is never a great thing in terms of image, to say the least. This is even worse when it
Excess lead has been discovered in the tap water of several Hong Kong public housing estates, and will likely be found in private estates as well. The really alarming part
Asian leaders could be excused a degree of exasperation over the ongoing Greek mess. China’s slowdown and stock-market chaos are worry enough; the last thing the export-dependent region needs is
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