Alibaba breakup solves the Jack Ma riddle

This week, Xi Jinping’s regulators signaled that the Jack Ma debacle of the last 28-plus months is finally over. And that China Inc is back in business. Beijing announced Tuesday (March 28) that Alibaba Group will divide its US$220 billion empire into six distinct business units, a move that will generate several initial public offerings […]Continue Reading

Asia overlooking risk of more US rate hikes

BlackRock Inc economist Wei Li has a brutal message for Asian policymakers and investors who are betting that the US Federal Reserve is done tightening: Get used to disappointment. “We don’t see rate cuts this year – that’s the old playbook when central banks would rush to rescue the economy as recession hit,” Li argues. […]Continue Reading

Bangladesh’s remarkable journey and hard road ahead

A country’s nationalism lives through its shared vision from generation to generation. In the early post-colonial era, the early dreamers of Bangladesh shared a vision of independence, economic development and an equal society. As it celebrates 52 years of independence this week, Bangladesh cherishes the same vision and has achieved remarkable successes. However, many short […]Continue Reading