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Business 06 Jan 2012 | 12:00 AM

Schadenfreude capitalism

THE protracted financial and economic crisis discredited first the American model of capitalism, and then the European version. Now it looks as if the Asian approach may take some knocks, too. Coming after the failure of state socialism, does this mean that there is no correct way of organising an economy?

Business 07 Apr 2012 | 12:00 AM

Myanmar: Not the Burma I used to know

But the opportunity to right the wrong is here and the reformation needs to be irreversible

Business 07 Nov 2012 | 12:00 AM

As China enters new era, how much of Mao will stay?

BEIJING: In 1981, five years after his death, China's ruling Communist Party began to move slowly away from Mao Zedong and his philosophy.

World 09 Mar 2013 | 12:00 AM

Factbox - Venezuela's likely election candidates after Chavez's death

CARACAS (Reuters) - Venezuela has called a presidential election for April 14 that will likely pit Hugo Chavez's protأ©gأ©, acting President Nicolas Maduro, against centrist opposition leader Henrique Capriles.

Business 22 Apr 2013 | 12:00 AM

Central bank's Merentes named new Venezuela finance minister

CARACAS: President Nicolas Maduro replaced Venezuelan Finance Minister Jorge Giordani on Sunday, appointing central bank chief Nelson Merentes in his place two days after being sworn in as the late Hugo Chavez's successor.

Business 25 May 2013 | 12:00 AM

Kyat slumps as imports flood into Myanmar

YANGON: Myanmar’s currency has plunged more than 7% over the past month to the lowest since it was floated last year, raising concern about economic stability in Asia’s newest democracy.

Business 14 Dec 2013 | 12:00 AM

China's Third Plenum reforms are well received

But, the new deal flashes danger signals. Overall, the reform package is robust and substantive. It’s the most ambitious attempt at reform in two decades.

Business 01 Mar 2014 | 12:00 AM

Myanmar spring: ‘Look, listen, learn and leave’

In the 30 months since the new regime assumed power, Myanmar has undergone a remarkable transformation.

Economy 05 Mar 2014 | 10:44 AM

Highlights: Details from China's policy documents

BEIJING: The following are comments from the policy reports delivered by Chinese Premier Li Keqiang, the finance ministry and the National Development and Reform Commission (NDRC), the country's top economic planner, at the country's annual parliament session.

Business 09 Jun 2014 | 12:00 AM

Tackling income inequality in Malaysia

CHANDRASEKARAN Ramaiah fell into hardship when he suffered a stroke some years ago. Now partially recovered, he runs a food kiosk in Melaka after having secured help under the Azam Tani programme.