Investor Mark Mobius said he expects emerging markets to surpass previous records, predicting a continued rally with “corrections along the way.â€Mobius Says Emerging Markets Will Beat Previous Highs Morgan Stanley Asia chairman Stephen Roach argues that the only way to put Asian growth models on a sustainable footing is to introduce social safety nets.Chinese welfare …
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It’s you and me, and everyone else gathered last night at the Grand Hyatt in Hong Kong to receive his lecture on why the financial crisis is far from over.Nassim Nicholas Taleb points to the black swan So far, Germany’s auto industry has escaped massive job losses, but major cuts could soon be on the …
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There is clearly a class of people who do not face the full force of the law because of who they happen to be. The same stunning level of corruption is also true for banks, bailouts and financial systems. This will be the unsavory legacy of the Lehman Brothers aftermath.Moral hazard is back Opponents of …
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It is the longest automated metro system in the world, complete with luxury compartments, Wi-Fi and air conditioning. But will Dubai succeed in luring sheiks out of their cars in an emirate where gasoline only costs 25 cents a liter?.Dubai’s New Metro Is Fit for a King, But Will Locals Ride It? The Top 50 …
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Faith in China’s economic growth prospects and fiscal stimulus package keep some fund managers and analysts focused on the long-term.For staunch believers, weakness in China shares is a temporary blip Berlin calls on banks and industry to work together to thaw the flow of credit to small firms.Credit glacier Those in the commercial real estate …
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