Twenty years ago, writing in his seminal work, ‘The Alchemy of Finance,’ George Soros, probably the world’s most famous (or to some, infamous) speculator, was at pains to point out that markets are not efficient

US Treasury Secretary, Hank Paulson, a former CEO of Goldman Sachs, today confronts an American financial services industry in decline

The early spring market correction of the Shanghai Stock Exchange sent a shiver round world markets. And some people started pondering the unthinkable; could the relentless China growth story be the great illusion of our age?

After a record long period of low inflation and high profitability, the world economy is awash with cheap capital

First came outsourcing. Companies put out to competitive tender within national boundaries, everything but their core business activities, like catering, security and human resources. Then we had offshoring

Without a doubt, 2007 has shaped up to be a tough year; near record oil prices, the sub-prime crisis and a dollar in freefall. That 2008 at first glance promises more of the same is hardly encouraging. But money will continue to be made and lost in 2008