A Big, Bad World for America Inc.

A Big, Bad World for America Inc.

JUSTIN LAHART

Feb. 12, 2014 4:44 p.m. ET

Trouble in emerging markets is unlikely to hurt the U.S. But America’s companies may not be as lucky.

It has been a rough year so far for developing economies. Several, including Turkey, Argentina and South Africa, have seen sharp slides in their currencies. The Federal Reserve’s reining in of its bond-buying program is causing fits elsewhere, and worries about capital flight have contributed to some central banks’ recent decisions to raise interest rates. Signs that China’s growth is softening, along with worries about the stability of the country’s “shadow banking” system, have added to the mix. Read more of this post

China Trusts’ Road to Bust

China Trusts’ Road to Bust

AARON BACK

Feb. 13, 2014 7:03 a.m. ET

Sooner or later, someone in China’s trust-products universe is going to lose real money.

Weeks after a hasty bailout was arranged for a troubled Chinese trust product, another shadow lender, Jilin Trust, has failed to make payments on tranches of an investment product that came due over the past few months. Jilin is set to miss another payment next week. Once again the product in question is linked to a troubled coal miner, and was sold to investors by one of China’s big four state banks, in this case China Construction Bank.601939.SH +0.25% Read more of this post

How Gandhi Made It to Police Headquarters; The black-and-white portrait of the bespectacled man who led India to freedom from the British in 1947 is perhaps the most striking work in the ongoing street art festival in New Delhi

Feb 13, 2014

How Gandhi Made It to Police Headquarters

ADITI MALHOTRA

image001

A portrait of Gandhi on the Delhi Police headquarters, January 29.

On Jan. 20 Hendrik Beikirch left his house in the German city of Koblenz to travel 90 miles south to Frankfurt. There, he boarded his first flight to New Delhi. A few days later, the 39-year-old began etching the largest ever life-size mural of Mahatma Gandhi in the heart of the Indian capital. Read more of this post

Small is the next big thing in Asia aviation

Small is the next big thing in Asia aviation

7:44am EST

By Siva Govindasamy and Anshuman Daga

SINGAPORE (Reuters) – After flying under the radar for many years, manufacturers of smaller jet and propeller-driven passenger aircraft are finding a bigger market in the Asia-Pacific with a slew of orders at the Singapore Airshow. Read more of this post

Myanmar’s first census in more than three decades risks further inflaming communal tensions, a report from the International Crisis Group warned

Myanmar Census Plan Draws Fire

Results Could Spur Buddhist Extremists to Violence, Report Says

SHIBANI MAHTANI

Feb. 13, 2014 5:40 a.m. ET

Myanmar’s first census in more than three decades risks further inflaming communal tensions at a delicate time in the country’s democratic transition, an international group working against conflicts warned.

The 41 questions in the planned census, covering subjects from religious beliefs to ethnicity, are “overly complicated and fraught with danger,” the Brussels-based International Crisis Group said in a report late Wednesday. Read more of this post

OSIM’s Brookstone, known for massage chairs and travel electronics, is contemplating a possible bankruptcy protection filing in the coming weeks.

Brookstone Is Considering Bankruptcy Filing Within Weeks

Specialty Retailer in Talks With Hilco, Tiger Capital

EMILY GLAZER

Updated Feb. 13, 2014 4:47 p.m. ET

image001-2

Brookstone, which operates more than 250 stores, is known for a lineup of various consumer gadgets that includes these massage chairsTampa Bay Times/Zuma Press

Brookstone Inc., known for its wide array of consumer gadgets such as massage chairs and travel electronics, is contemplating a possible bankruptcy-protection filing in the coming weeks as talks advance with potential buyers, people familiar with the matter said. Read more of this post

In complete control of exit plan; The choice of Tan Sri Adenan Satem as Sarawak’s next Chief Minister reflects Tan Sri Taib Mahmud’s instinct for survival as he prepares to ride into the sunset.

Updated: Thursday February 13, 2014 MYT 8:29:28 AM

In complete control of exit plan

BY JOCELINE TAN

image003

Tan Sri Abdul Taib Mahmud (left) and Tan Sri Adenan Satem sharing a moment at a Sarawak Foundation function last year. – Filepic

The choice of Tan Sri Adenan Satem as Sarawak’s next Chief Minister reflects Tan Sri Taib Mahmud’s instinct for survival as he prepares to ride into the sunset. Read more of this post

%d bloggers like this: