Recent Posts

46mn tons of apples a day keeps the doctor away

The company that makes your iPhones isn’t the only Apple that matters on global markets. Have a look what’s happening in China. Trading volume in the apple futures that launched on the Zhengzhou Commodity Exchange in December has been soaring in recent months. On May 15 alone, 4.6 million contracts changed hands – representing 46 million metric tons of apples, ...

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US should keep ZTE penalty out of China trade talks

President Donald Trump has indicated, via Twitter, that he’s prepared to make an enormous concession to smooth trade talks with China, offering upfront to ease sanctions on ZTE Corp., the country’s second-largest telecom equipment maker. But ZTE is being punished for deliberately violating US sanctions — twice. The company’s punishment needs to be enforced, not used as a bargaining chip. ...

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Hedge funds are the good guys in Carillion debacle

A plague on all their houses (plus their second homes, and buy-to-let properties)! A report by UK lawmakers on the causes of Carillion Plc’s collapse finds fault with almost everyone involved in Britain’s system of corporate governance. Management, non-executive directors, auditors, advisers and regulators are subjected to varying degrees of opprobrium. The report’s key recommendation – that the government should ...

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