China is mulling a 15-20 percent devaluation of its currency by the end of 2016 in a move that could spark a crisis in Asian markets, according to research firm IDEAglobal.Even though I believe a devaluation of similar size, or larger, is likely, what interests me isn't the content of the story, but that CNBC ran it.
It cited an interview it had conducted with a "reliably-informed Asian source" in a release published late on Tuesday.
Casino Mooted for Country Garden Malaysia Project and More Asia Real Estate
Headlines
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Malaysia’s prime minister is hoping to persuade some patriotic tycoons to
open a casino in Johor to revive an ill-fated Country Garden project, with
that...
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