Search Results for: Asian Development Bank
Piketty with Chinese Characteristics
July 4th, 2014
In his bestselling book Capital in the Twenty-First Century, Thomas Piketty argues that capitalism aggravates inequality through several mechanisms, all of which are based on the notion that r (the return on capital) falls less quickly than g (growth ...
Asia stocks decline while Europe shares rise
May 27th, 2014
Asian stock markets were muted Tuesday as tensions flared between China and Vietnam over a territorial dispute while hopes of easier monetary policy continued to boost European shares. Germany’s DAX rose 0.4 percent to 9,927.85, extending the previous day’s ...
Thai stocks decline after martial law
May 23rd, 2014
Thailand’s stock market sank Friday, a day after the country’s military seized power in a bloodless coup. Other Asian stock markets were mostly higher, with Japan boosted by weakness in the yen. Bangkok’s SET index fell more than 2 ...
AUD/USD – Near Two Week Low around Key 0.93 Level
April 22nd, 2014
The last couple of weeks has seen the Australian dollar drift lower from resistance just below 0.95 after reaching a six month high in that area. Over the last month or so the 0.93 level has become very significant ...