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China’s hunt for aliens, scientists

China recently announced that it is relocating 9,110 villagers to make way for a giant telescope that — among other tasks — will search for extraterrestrial life. Once the unlucky residents are gone, the government will get down to the real business of the world’s largest radio telescope: attracting the scientific talent necessary to transform China’s economy. That won’t be ...

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Liquidity may be the best predictor of recessions

As the world’s equities markets are buffeted by bouts of intense volatility, analysts have started uttering a chilling phrase: bear market. China’s markets have entered this territory, and the US might not be too far behind. That possibility invariably leads to speculation that the declines are harbingers of worse to come, in other words, a recession. This question has attracted ...

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Singapore Airshow announces $12bn of deals from trade days

SINGAPORE / AP Organisers of the Singapore Airshow said $12.3 billion in airplane deals were signed at the event this week, a sharp drop from the last show in 2014. Leck Chet Lam, managing director of Experia Events, said that this year’s figure was comprised of 10 deals, with another 40 made at undisclosed values. There were 24 undisclosed deals ...

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