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WEF India Summit: Finally, Something Worth Watching

There are downsides to arranging a panel at a conference like the World Economic Forum’s India Economic Summit with broadcast media as partners. This afternoon, a session on corruption started 40 minutes late as we waited for Kiran Bedi, anti-corruption

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CFI Investment Outlook 2012

This year, CFI sees stronger growth in both GDP and company profits in the BRIC economies and the other emerging market economies than in the US, the Eurozone and Japan. The recession in the Eurozone will clearly put a damper

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BRICS Countries Crystalize Spirit of Practical Cooperation at Delhi Summit

By Xinhua writers Liu Chen, Mao Xiaoxiao, Wu Qiang As the Fourth BRICS leaders meeting drew its curtain Thursday in the Indian national capital here, the leaders of the five BRICS countries issued the Delhi Declaration. Experts think that at

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Credit Suisse: Reflation Rally?

Pricing in a recession, but not a financial crisis. Figure 1 highlights that Asia Pacific ex Japan price-to-book has now dropped to 1.52x, close to the 2001 recession level of 1.4x. We believe Asia is already pricing in a recession as

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Singapore to Allow Domestic-Foreign Law Firm Mergers

Jessica Seah, The Asian Lawyer (15/02/12): Singapore’s Parliament has approved legislative changes that would clear the way for mergers between international and domestic firms. The island nation’s Ministry of Law had announced Tuesday that it had proposed amendments to Singapore’s Legal

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