TR EMERITUS

[Editor's note: Even SWFs in Communist China are transparent about their losses] (18 Jun 2014)   China Investment Corporation, the world’s fourth-largest sovereign wealth fund, has been accused by the country’s top auditor of mismanagement, dereliction of duty and poor due diligence just seven years after its inception. The... 

The true cost of hidden money (15 June 2014)     GABRIEL ZUCMAN is a 27-year-old French economist who decided to solve a puzzle: Why do international balance sheets each year show more liabilities than assets, as if the world is in debt to itself? Over the last couple of decades, the few international economists who have... 

(June 11, 2014) - CHINA’S listed companies are preparing for an unprecedented wave of resignations by independent directors following a Party directive on officials’ other jobs outside their office. So far more than 200 listed companies have reported resignations, some of whom are ex-government officials, others university...