Aug. 8 – While many of China’s key tax incentives dried up with the Corporate Income Tax (CIT) Reform in 2008, the government still offers various tax incentives to promote sectors deemed beneficial to the development of the country’s economy. The technology sector, for instance, is one area that China is keen to promote and, as a result, qualifying enterprises …

Is India in danger of another crisis? And could it hold lessons for others? A weak currency won’t necessarily lead to a crisis. But, if it makes it harder to pay for a deficit that is owed to overseas creditors, that’s when it could become a problem. That’s what the newly appointed governor of the RBI, the Indian central bank, …

MUMBAI/BANGALORE: A consortium ofprivate equity (PE) funds including Tata Capital’s PE fund and Morgan StanleyGlobal Private Equity will pick up a significant minority stake in urbanmicrolenderJanalakshmi Financial Servicesfor close to Rs 350 crore, signallingconfidence in the long-term potential of themicrofinance industry after being shattered by the financial crisis in Andhra Pradesh. The infusion of fourth round of funding comes at a time when former Citi banker Ramesh Ramanathan-promoted non-banking finance company has …

Upon retiring in April after more than four decades as a NASA climate scientist, Dr. James Hansen told Columbia University students he feared “climate chaos” if we do not act immediately to curb greenhouse gas emissions. There are now more than 800 natural disasters worldwide annually, according to the reinsurance giant Munich Re, double the number 20 years ago. That …

If your business is considering moving into international markets, whether that’s opening an office in China or exporting goods to Brazil, you’re not alone. A quarter of ambitious businesses say that expanding into new markets is their primary route to fast growth. This article was sponsored by GrowthAccelerator. That’s according to the annual report fromGrowthAccelerator, Where High Growth Happens, which analyses …

Thailand’s stocks are falling at the fastest pace in Asia as an amnesty bill for political protesters spurs demonstrations in the streets of Bangkok and threatens to delay the nation’s biggest-ever infrastructure spending plan. The SET Index, which rose 328 percent from October 2008 to this year’s high on May 21, has since dropped 13 percent through yesterday as shares …

That 1999 Time magazine cover is finally catching up with Lawrence Summers. That was the year Summers was celebrated along with Alan Greenspan and Robert Rubin as “The Committee to Save the World” for their free-market solutions to Asia’s financial crisis. The timing always struck Asians as odd, given that they were still picking up the pieces from a meltdown made worse …

Even with China’s stock markets among the poorest performing in the world this year, fund managers betting on the rise of the Chinese consumer are posting strong gains by finding companies that are weathering the broad economic slowdown. The Shanghai benchmark index is down 9.8% in 2013, slammed by shares of state-owned banks and large steel and coal companies sensitive …

(Reuters) – The dollar fell to a seven-week low against a basket of currencies on Thursday as recent inconclusive economic data and comments from Federal Reserve policymakers raised doubts over when the U.S. central bank will begin reducing stimulus. Riskier currencies and growth-linked currencies, such as the Australian dollar, notched gains versus the greenback on forecast-beating Chinese trade data, which could indicate …

BEIJING — Surprisingly strong rebounds in China’s exports and imports in July offered some hope that the economy might be stabilizing, government data showed Thursday, after more than two years of slowing growth, although an imminent rebound still looks improbable. Data from the Customs Administration showed exports had risen 5.1 percent in July from the same month last year. Analysts …