Word: bankses
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The Next Asia will also have to come to grips with its inherent lack of coordination by exerting greater control over its fragmented economies, markets and political systems. China's four largest banks, for example, still have over 50,000 branches between them - branches that in many cases function autonomously...
Steve Brooker, 6 ft. 5 in. former professional skateboarder, sub-3-hr.-marathon runner, survivor of multiple strokes and the self-appointed tutelary spirit of the Thames, thinks he has found something. To me it looks like mud, but I'm not in a position to argue. Brooker, 48, is...
Among the most enthusiastic readers of Rand's work were small-business owners. Writes Burns: "Although Rand spoke in the coded language of individualism, her business audience immediately sensed the political import of her ideas. Many correctly assumed that her defense of individualism was an implicit argument against expanded government...
Columbus sailed the ocean blue in 1492. On Oct. 12, 517 years later, banks are closed and there's no mail. And despite being a federal holiday, for most in the U.S. it's another day at the office.
Three days after the Reserve Bank of Australia unexpectedly raised interest rates, the monetary policy committee of South Korea's central bank held a meeting. The Oct. 9 gathering was closely followed because the Australian move raised expectations that other central banks would also tighten. Korea held the line. Citing...