Shanghai Free Trade Zone Could Challenge Hong Kong
There is a lot of action following China’s approval of a free trade zone in Shanghai. While not all of it is good, opportunity lies ahead.
ING Could Sell Asian Units for $2.2B
ING Groep was said by sources to be close to an agreement to sell its Hong Kong and Thai insurance businesses to Richard Li for some $2.2 billion.
China's Bubble May Not Spell Trouble for Global Investors
Despite a recent government decision allowing investment in markets outside of the mainland, China's indexes still continue to close higher, fueling renewed speculation in some quarters that the markets are inflated and ready to pop. But Alec Young, international market strategist at Standard & Poor's, says American investors should not...