OPINION

Fools, Knaves & Inflation

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You can't really blame financial hacks for getting things so wrong, so often. Because every financial decision you now make is a speculation on interest rates. And so pretty much every story a financial journalist might choose to write must start and end with the same speculation, built on the inaction of each monthly central-bank vote.

The fog of currency war

Criticism of China's exchange-rate policy continues throughout the US. This column argues that the US is in fact the exchange rate manipulator, due to its ongoing quantitative easing. What the US needs to do for a sustainable turnaround is to learn from other successful economies like China and Germany - not de-rail them.
China inflation data adds to tightening case

China inflation data adds to tightening case

Chinese inflation hit a lower-than-forecast 4.9 percent in January, but price pressures excluding food were their strongest in at least a decade and will force the central bank to keep tightening monetary policy.
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Facebook to launch third party commenting platform

Social networking site Facebook plans to launch a third party commenting platform that could position the site as an engine behind the comments system on many high-profile blogs and digital publications.
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COLUMN: Should we ban cellphones?

Our society – actually, the entire planet – has been inundated with these pesky little technological miracles, and they have become a nuisance.
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China surplus to fall more in 2011: PBOC aide

China is making a progress in balancing its trade position as companies target domestic consumers, and its trade surplus will fall to $150 billion this year, China's central bank adviser said.

US gets mandated cap of 65,000 H1-B visa applications

US Customs and Immigration Services (USCIS) on Thursday said it has got Congressional-mandated cap of 65,000 H1-B visa applications, which is the most sought after by Indian professionals, for the current fiscal.

Bollywood starlets investigated for tax fraud

Indian tax officials in Mumbai has searched the homes and offices of two of Bollywood’s leading actresses, Priyanka Chopra and Katrina Kaif, on suspicions that they have evaded paying taxes on earnings derived from advertisements, foreign assignments and guest appearances.”

China media lauds Hu's U.S. visit as masterstroke

Chinese media praised President Hu Jintao's visit to the United States on Friday as a diplomatic masterstroke in easing tensions, but reports largely ignored thornier questions of currency and human rights.

China knows yuan move in its interest, Biden says

China understands a stronger yuan is in its best interest although President Hu Jintao made no specific commitment to let the currency rise more rapidly, U.S. Vice President Joe Biden told Reuters on Thursday.

Hu says China no threat, seeks win-win US ties

Chinese President Hu Jintao on Thursday called for closer U.S.-China cooperation on economic and security issues, especially in the Asia Pacific region where both countries have strong interests.

Pope John Paul close to sainthood, to be beatified

The late Pope John Paul II moved a big step closer to Roman Catholic sainthood on Friday when his successor approved a decree attributing a miracle to him and announced that he will be beatified on May 1.
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Mainstream TV Hacks Deny Gold its Fundamentals

Attributing fear and confusion to what is becoming a multi-decade bull market is borderline heretical. I understand that Wall Street stock jocks hate Gold. Fine. But let's get one thing straight. There are real driving forces here which can be sustained into the future.

British scientists devise an app for test tube babies!

A couple wanting to know their chances of having a baby through in-vitro fertilization (IVF) can now take heart with an application to give them an answer as British researchers have devised a formula that will help them give quite an accurate prediction of the success of IVF treatment. Eager ‘infertile’ couples can now decide whether to try the treatment as researchers have made this formula available as a simple computer calculator application, which will soon be available for download on App...

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