DAILY WEALTH LETTER
a daily synopsis of wealth news that’s most relevant, timely and dependable
Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)
NUMBER 206 MONDAY, MAY 9, 2016
New sign of Chinese weakness
China’s exports slumped nearly 2% in April compared with the same month last year, as imports fell almost 11%, officials said on Sunday, the latest sign of weakness in the world’s second largest economy. READ MORE: https://thewealthforums.com/
Credit Suisse tries double-head strategy
Credit Suisse is placing asset management under the twin direction of its wealth management and Swiss banking divisions, it said on Sunday, announcing a further strategy rejig after a shake-up in October. READ MORE: https://thewealthforums.com/
Taiwan drops to 10th in crony index
Taiwan was listed in 10th place on the Economist’s latest index of crony capitalism, which gives an indication of how much the livelihood of people in certain countries or cities depends on close relationships between business people and government officials. READ MORE:https://thewealthforums.com/
Africa ‘hit hard’ by tax avoidance
Africa loses at least $50 billion a year — and probably much, much more than that – perfectly lawfully. READ MORE: https://thewealthforums.com/
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