Saturday, 16 January 2010
China presents itself as a schizophrenic power: a developing country on select international issues, but in other matters a rising superpower with new muscular confidence that supposedly is in the same league as the United States.
When one of the financial world’s most successful bears starts casting his eye over a market looking for ways to sell it short, you might think the bulls would begin to get a bit nervous.
Thursday, 14 January 2010
China’s mid-space missile interception test may seem less fancy than when it knocked out an ageing satellite with a missile three years ago, but its practical implication and technological achievements are far greater.
Wednesday, 13 January 2010
Washington asked Beijing yesterday for more information about Monday’s rocket test, in which a missile destroyed an incoming warhead while it was still in space. The US said it wanted China to clarify its intentions and plans to develop such technologies.
Balancing the achievement of commercial objectives (i.e., making a profit) against the need to protect the public’s interest is always a tricky business, and it is one that the Singapore Exchange (SGX) has had to perform repeatedly over the years.
For years, Wall Street whispered that Goldman Sachs profited handsomely by trading ahead of – or even against – its own clients.