Recent Posts

Beijing-Seoul crisis deepens over THAAD

  Militaries of US and South Korea announced US missile launchers and some components of the controversial Terminal High-Altitude Area Defense System, or THAAD, arrived in South Korea, a step to deter belligerent North Korea. But the move has not only angered North Korea, which continues to pursue a broad range of nuclear missiles, including those fired from road mobile ...

Read More »

‘Yingde Group’s deal with PAG will hurt auction’

  Bloomberg Yingde Gases Group Co. Chairman Zhao Xiangti’s agreement to sell his stake to a private equity firm undermined the chance of a better deal from other potential buyers, according to an expelled founder fighting to regain management control. The allegation against Zhao is among the latest in the war of words between the three estranged founders of the ...

Read More »

Russian economy ‘exits’ recession

  Bloomberg Russia has exited recession, with a little help from the boys in uniform, a major statistical revision – and the global oil price. And not just any recession, but its longest in two decades. So what happened? Is the economy really out of the woods? Actually, the contraction ended a few quarters earlier than previously estimated, according to ...

Read More »
Send this to a friend