Asia
Dissident Leaves China For U.S.
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JPMorgan, the largest bank in the United States, is seeking to minimize the damage caused by a $2 billion trading loss, disclosed earlier this month.
Could Glass-Steagall Have Stopped JPMorgan Loss?
()The banking giant's $2 billion loss has many lawmakers and economists wondering what happened to the 2010 financial overhaul, which was supposed to prevent risky hedging. Many are also looking back further — to a Depression-era law, repealed in 1999, that separated commercial and investment bank activities.
Author Interviews
China's New Plan: A Great Leap Into The Air()
May 19, 2012 China's newest five-year plan aims to make the country an aerospace powerhouse — and indirectly, a more modern, prosperous, sophisticated industrial nation. The plan would help Chinese companies expand outside national borders and grab a chunk of the aerospace market — but will it succeed?
