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Why Brexit makes China stronger

  Britain scored a game-changing goal with “Brexit,” but the ball landed in its own net and the point, it seems, has gone to China. Let’s rewind. Remember the line “greed is good” from the film Wall Street? Asher Edelman, the inspiration for the character of Gordon Gekko, was one of the pioneers of computer trading. Soon everyone was using ...

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The Modi doctrine and India-Africa ties

  Michelle DeFreese SPECIAL TO EMIRATES BUSINESS Prime Minister Narendra Modi is meeting with heads of state in four African countries during his first visit to the African continent since he took office in 2014. Modi’s official visits will take him to Kenya, Tanzania, Mozambique, and South Africa. Notably, his arrival in Mozambique will mark the first time an Indian ...

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No quick fix to free $23bn frozen in UK realty funds

  Bloomberg It took seven working days from the result of Britain’s shock vote to leave the European Union for Standard Life Investments to freeze withdrawals from its £2.9 billion ($3.8 billion) U.K. real estate fund. For investors wanting to get money out, the wait is likely to be a lot longer. Standard Life’s decision, soon followed by six other ...

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