Great China's deflation boom and doom

China is the only economy in the world enjoying a deflationary boom. Hong Kong gets hurt because it is a recipient of price deflation implying that the TerritoryÆs assets will under-perform ChinaÆs in the medium-term.
January 16, 2003

SingaporeÆs great bank-off

OCBC wants to buy Keppel. DBS wants OUB. Now UOB wants OUB. What''s happening to the Singapore banking market?
July 02, 2001