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In the 1980s, a crucial question for portfolio managers was what to do about Japan. Today, the parallel question is what to do about China.
The fate of the Volcker rule, which would ban proprietary trading at U.S. banks, may hinge on the word "shall."
Donald Tsang, consider yourself shanghaied. It happened on March 5, as Hong Kong's chief executive visited Beijing.
In these poor economic times, there is one endeavor that offers unlimited opportunities for employment: defending the debt-rating companies in court.
John Maynard Keynes wrote during the Great Depression that only "fools and madmen" will tell you "the path of escape is to be found in strict economy."
Options traders are more bullish on the yuan than any other currency as they bet that growing exports and accelerating inflation will overcome China's vows to maintain a 20-month dollar peg.
The big buzz in Singapore is about the casinos beginning to dot the city-state.
The tale had Tom Clancy written all over it, with the CIA investigating a far-off economy out of concern that its collapse might pose problems for America.
Jim O'Neill is on the lookout for the great Chinese revaluation of 2010, and he's not alone.
"The worst possible signal which we could send out is one calling for outside help," Greek Finance Minister George Papaconstantinou told Bloomberg Television this week.
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