TR EMERITUS

[Editor's note: Even SWFs in Communist China are transparent about their losses] (18 Jun 2014)   China Investment Corporation, the world’s fourth-largest sovereign wealth fund, has been accused by the country’s top auditor of mismanagement, dereliction of duty and poor due diligence just seven years after its inception. The... 

Ailing low cost carrier Tigerair Mandala looks to disappear as both Citilink and AirAsia confirmed to have dropped plans for acquiring the low cost carrier. (17 June 2014)     Consider it as a double blow within a week time. Struggling Tiger Airways subsidiary in Indonesia, Tigerair Mandala has seen both Citilink and AirAsia... 

The true cost of hidden money (15 June 2014)     GABRIEL ZUCMAN is a 27-year-old French economist who decided to solve a puzzle: Why do international balance sheets each year show more liabilities than assets, as if the world is in debt to itself? Over the last couple of decades, the few international economists who have...