Joel Dimmock

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Rising home prices send China's 'Rat Race' scurrying underground | Reuters

BEIJING (Reuters) - Zig-zagging left and right through a maze of dark, narrow corridors in a high-rise’s basement, 35-year-old kitchen worker Hu has joined the many thousands of Chinese fleeing fast-rising property prices by heading down - down underground.<p>A general view of buildings in Beijing, …

China's political discourse in 2013

Another year has passed. We can now take a comprehensive look back on China’s political discourse in 2013 — and what it can tell us about China’s …

London is top city for real estate investing; U.S. safest country | Reuters

(Reuters) - London ranks as the top city for foreign real estate investment opportunity, beating out last year’s winner, New York, according to a survey released on Monday by the Association of Foreign Investors in Real Estate.<p>The survey found that San Francisco was the third favorite city for …

7 reasons not to pay off your mortgage before you retire: http://onforb.es/1d8VYOH

Explaining meteors: are we in danger?

In February, a meteor exploded over the Russian city of Chelyabinsk, causing significant damage. A recent study in <i>Nature</i> suggests that there are more of these potentially threatening small meteors than we previously thought. We ask expert Dr Hugh Lewis from the University of Southampton to explain …

The ultimate contrarian’s bets for 2014

This is the busy time of year at the hedge fund Pariah Capital.<p>Pariah is a super-exclusive, super-elite (and completely hypothetical) fund which …

5 huge finance stories you probably missed

Slide 1 of 7<p>The big financial stories of 2013 have been hard to miss, be it the surging stock market, the Fed’s policy moves or the Twitter IPO. But …

10 things not to buy in 2014

<b>1. Cable TV</b><p>Cable television’s heyday is over. Subscribers have been declining since 2004, and analysts say there’s no end in sight. Roughly 54.8 …

China's 'Tobin Tax' debate stings City hopes for offshore trading boom

Any such move could greatly complicate the City of London’s plans to become the top market for global trading of the yuan or renminbi<p>Britain’s bid to become a global hub for trading in Chinese assets has run into a major snag after a top Chinese official suggested a ‘Tobin Tax’, a levy on financial …

Can A Video Game About The 1979 Iranian Revolution Create A Revolution In Gaming?

The Kickstarter campaign failed, but Grand Theft Auto director Navid Khonsari vows to continue fighting for his cause.<p>Navid Khonsari was 10 years old when the Iranian Revolution began.<p>“My grandfather actually took me out to walk in the early parts of the revolution,” he says, recalling tanks …

2014: emerging markets

Greed must have limits or we risk ending up like the Russians, trusting no one

Mutual trust in a society is easy to destroy but very difficult to build<p>Two business people meet, one Russian and the other British. The Russian says to his friend: “The trouble is that one of us comes from a crypto-socialist country, while the other comes from a country capitalist in tooth and …

The “Netflix For Books” Business Model, And How It’ll Change The Way You Read

Mark Coker of Smashwords, which recently inked a major content deal with Scribd, weighs in on how the all-you-can-read model changes the way we read, how authors make creative choices, and how everyone gets paid.<p>Is a “Netflix for e-books” nearing viability? Yesterday, Smashwords, the largest …