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Carlyle has to confront not only a sharply weaker business environment but a threat to the favourable tax treatment it has had
But widening wealth gap creates social challenge
From Mr George Horsington, Singapore
Bank of America has to weigh the wishes of shareholders and regulators as it ponders bankruptcy protection for the Countrywide unit
China’s emphasis on copying stifles creativity, says Henny Sender
Funding costs are going up and investors are in risk-averse mode
China has learned that western capital is not stable capital
The decline in flows will create headache for US
Rising prices will be worse news for its customers
Governments no longer have the luxury of spending
Globalisation may have its drawbacks but putting on the brakes is not the answer, writes Henny Sender
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