Andy XieÆs Singapore swing

Morgan StanleyÆs vocal star analyst suddenly resigns. An email he wrote about Singapore may explain why.

The market was shocked on Friday when Morgan Stanley announced that its Asia economist, Andy Xie, had resigned. The announcement was brief and mysterious, giving no explanation of why he was going or where he was going. With Morgan StanleyÆs bonus period only two months away, it looked like a very strange time for the Shanghai-born Xie to leave the firm.

The Hong Kong rumour mill quickly began speculating as to why Xie had left. Attentions have focused on an...

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