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Archive for the ‘Snippets’ Category
Chinese economy is becoming a monster

Chinese economy is becoming a monster

Frankenstein monster: China's economy has become a giant and powerful creature born of unorthodox experiments, and its makers are increasingly losing control. - FILE PHOTO THE world has grown used to the idea that China's leaders are masterful stewards of their gargantuan economy. They steered brilliantly around the iceberg... 

How a big chair can lead to a life of crime

How a big chair can lead to a life of crime

Big desks and big chairs can cause people to feel more powerful. (27 June)   Maybe Raj Rajaratnam should have blamed his desk instead of challenging government wiretaps. The U.S. Court of Appeals in Manhattan on Monday upheld the former hedge-fund manager’s 2011 conviction for conspiracy and securities fraud. He argued, unsuccessfully,... 

Banks Slow to Revive Singapore Trading Desks After Rate-Fixing Cull

Banks Slow to Revive Singapore Trading Desks After Rate-Fixing Cull

Singapore's business district skyline at dusk. (26 June)   Cost pressures and tougher regulation mean banks in Singapore are struggling to replace the 100 traders who left the market during a rate-fixing probe. The world's fourth largest foreign exchange center is still reeling from the crackdown, which has left volumes... 



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