TR EMERITUS

(PHOTO-WSJ) Wall Street Journal- October 22, 2012 BEIJING— As a Chinese court prepares to expose the alleged crimes of former Communist Party highflier Bo Xilai, censors and security officials have been trying to bury a separate scandal that has emboldened critics of President Hu Jintao and could complicate efforts to restore... 

(Financial Times, Oct 27) - UBS will unveil a split of its struggling investment bank next week in a move that will prompt the loss of up to 10,000 jobs across the Swiss banking group. Switzerland's biggest bank by assets will bring large parts of its fixed income trading business into a non-core unit leaving a reduced investment... 

(26 Oct) - China has condemned as a "smear" a New York Times report saying Premier Wen Jiabao's relatives have accumulated billions of dollars. The article said Mr Wen's family members "have controlled assets worth at least $2.7bn (£1.7bn)". A Foreign Ministry spokesman said the report had "ulterior motives". Both the NYT's...