Economics

In January 2016, Tsai Ing-wen made history after being elected as Taiwan’s first female president. Several women before her such as Park Geun-hye in South Korea, Ying-luck Shinawatra in Thailand and Aung San Suu Kyi in Myanmar have all risen...

The UK's decision to leave the EU spurred a dramatic risk-off move through the capital markets.  The dollar, yen, and gold soared.  Equities and emerging market assets sold off hard. Core bond yields fell sharply.  The UK's decision to leave...

  The Trans-Pacific Partnership (TPP) is under siege, with presidential candidates on both sides of the aisle voicing increasingly protectionist positions. As the general election gets into full swing this fall, the anti-trade rhetoric promises to reach fever pitch, taking...

It is a little known fact to many that Japan and Russia never formally entered into a peace treaty following World War II. The dispute has continued these many decades because the two countries still dispute the proper ownership of...

We showed that younger age cohorts in the UK are more inclined to vote to stay in the EU than their elders.  However, some suggested that this consideration is blunted by the fact that the younger people are less likely...

Looking at the varying patterns of the capital flows into Asia in the last decade, the period after the taper tantrum on 21 May 2013 until 31 October 2015 is of particular interest from both global and local perspectives. Globally,...

Negative interest rates may be coming to America.  A reality in Japan for years and a growing trend throughout Europe, negative interest rates on government bonds have wreaked havoc on financial markets and standard economic models of bond prices and...

There is a nervous calm in the capital markets today. The focus is squarely on tomorrow's UK referendum.  According to a BBC focus group, the leave camp won the debate 39%-34%. The last polls show a contest that it too...

Last year families of the Sandy Hook shooting filed a potentially precedent-setting lawsuit. They sued the manufacturer of the AR-15 rifle that Adam Lanza used to gun down 20 schoolchildren and their teachers in a small town in Connecticut in 2012. Last...

On June 23, citizens of the United Kingdom will go to the polls to vote on whether their country will remain a member of the European Union. While the outcome will have the greatest impact on residents of Europe, it...

Amid secular stagnation, Europe's challenges have increased dramatically in the past few years, while new risks – particularly Brexit – have potential to trigger negative chain reactions, says Dan Steinbock.  Since the European sovereign debt crisis in 2010, Brussels has...

Forced displacement has become a growing problem around the world. Millions of people have been driven from their homes by conflicts, development, and political disputes. The situation has reached crisis levels, and the World Bank has sought innovative new ways...

Persistently low interest rates are set to hit bank profits in America, triggering warnings from analysts across Wall Street.  A number of notes released late last week and early this week to clients warned that Federal Reserve policy is likely...

The US dollar remains heavy against most of the major and emerging market currencies today as the pullback that began at the end of last week continues.  The Australian and New Zealand dollars are leading the way, with 0.5%-0.6% gains.  ...

This is supposed to be the Asian century, with East Asian countries leading the way. The world admires many East Asian countries for their miraculous economic growth, democracy-building and cultural innovation. However, can East Asia also provide a model for...