TR EMERITUS

Dr Christopher Balding I am reviewing the Temasek 2013 Annual Report when I come across this interesting picture on page 7 of the report (page 9 in the PDF viewer). It says that investments made by Temasek prior to March 31, 2003 have earned an annualized rate of return of 16% over the last decade. It also says investments... 

Leo Tolstory wrote in his epic masterpiece on Russian aristocracy War and Peace, while generals and princes believe they determine the course of history it is the soldier and unknown man that create the events we come to know as history.  The deterministic evolution of history resigns princes and generals to actors in their... 

Dr Christopher Balding As the Chinese liquidity crunch enters its second week with even more worrying reports about cash shortages at domestic and foreign banks, it is worth taking a look at the fundamental problems plaguing credit markets in China. The People’s Bank of China (PBOC) has a good reputation in technocratic circles. Though...