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Financial markets

Risky high risers

This September, the Burj will be completed in the United Arab Emirates, making it the world's tallest building. Yet it seems everytime a record-breaking skyscraper goes up, the financial market in the country goes down. theasiamag.com measures the Curse of the Skyscraper Index.

What is the likelihood that Shanghai will be hit by a recession next year?


Levin Zhu Yunlai and Morgan Stanley

When John Mack rejoined Morgan Stanley as chairman and CEO in 2005, one of the biggest assets of the Wall Street super-investment bank was a man called Levin Zhu Yunlai. Now the two are barely on speaking terms.