TR EMERITUS

(11 Jul) - Chinese law limits individual citizens to the equivalent of US$50,000 per year in foreign exchange, meaning that anyone who wants to spend more than that overseas must look for alternative ways to move money out. For example, that amount would be far from enough to successfully acquire a US immigration green card... 

[South China Morning Post - 16 July 2014] MTR Corporation chief executive Jay Walder will step down next month - a year earlier than scheduled - after an internal report yesterday criticised him for "poor judgment" over the delayed cross-border rail project. The decision was a "mutual agreement" that would be "beneficial" to... 

Slowing China economy would hit Singapore the worst, says BNP study (14 Jul) - Regardless of whether China is the biggest economy in the world, it is of growing significance to the rest of Asia as a potential source of economic shocks. The old market maxim that when the United States sneezes, the world catches a cold is increasingly...