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Singapore is a poor role model for Hong Kong

Singapore is a poor role model for Hong Kong

Migrant workers in Singapore enjoying their day off. The city state relies heavily on a large population of temporary, low-paid workers. Photo: AP (29 June 2014)        Philip Bowring says Hong Kong should care little for a social economy propped up by dominant state enterprises and foreign companies, and an underclass... 

Why Is Dubai’s Stock Market Crashing?

Why Is Dubai’s Stock Market Crashing?

Why is Dubai's stock market crashing? (24 June 2014)        The Dubai Financial Market has been taking a beating for weeks, and news of firings at Arabtec (ARTC:UH), the United Arab Emirates’ largest listed builder, caused a new round of panic yesterday. Shares in the stock exchange fell 6.7 percent, to 4,009.01,... 

Standard Chartered warns of lower profits

Standard Chartered warns of lower profits

(26 June 2014)     Standard Chartered has said first-half operating profits will be 20% lower than a year earlier, blaming a slump in income from its financial markets business. The warning comes only three months after the Asia-focused lender reported its first fall in annual profits for a decade. The UK bank had been expected... 



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